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Hi docs,
I currently have a lease at a commercial establishment doing eye exams and don't sell glasses or contacts. I have a question on how to set exam prices.
Since I'm at a commercial place, I realistically can charge around 60 dollars for an eye exam because if I charge more, then I will not be able to compete with the other commercial and private offices around me, therefore, no business. I take lots of vision insurances as well as medical. What I do currently is that I use a S code for cash paying patients ($60) and charge extra for DFE/VF screening ($30). When medical insurance patients come in I use 92004, of which I set around $140 to maximize my reimbursements with the insurance company. However, I would not charge extra for DFE since it is included in all 92 or 99 codes.
The exam itself is really no different, but of course I do have a medical chief complaint when billing medical. I understand this is probably not the most correct thing to do, but I can't realistically bill a private patient $140 for an eye exam, regardless if it includes DFE or not. And I would hate to bill just $60 for a 92004 or even a 92002 because I will be leaving a lot of money on the table. Can anyone please comment on what I can do in my situation to make things more legit and without losing money. Thank you
I currently have a lease at a commercial establishment doing eye exams and don't sell glasses or contacts. I have a question on how to set exam prices.
Since I'm at a commercial place, I realistically can charge around 60 dollars for an eye exam because if I charge more, then I will not be able to compete with the other commercial and private offices around me, therefore, no business. I take lots of vision insurances as well as medical. What I do currently is that I use a S code for cash paying patients ($60) and charge extra for DFE/VF screening ($30). When medical insurance patients come in I use 92004, of which I set around $140 to maximize my reimbursements with the insurance company. However, I would not charge extra for DFE since it is included in all 92 or 99 codes.
The exam itself is really no different, but of course I do have a medical chief complaint when billing medical. I understand this is probably not the most correct thing to do, but I can't realistically bill a private patient $140 for an eye exam, regardless if it includes DFE or not. And I would hate to bill just $60 for a 92004 or even a 92002 because I will be leaving a lot of money on the table. Can anyone please comment on what I can do in my situation to make things more legit and without losing money. Thank you