Quote Originally Posted by AustinEyewear View Post
To all you managed care guru's out there: What do you think are some commonly overlooked areas that ECP can incorporate to make themselves more efficient and profitable?
I varies by insurance company... and wether your practice is low or high end, there a different strategies each way. For example, you can actually do very well with some Eyemed. You don't have to give a frame discount for many high end lines, so you can keep an extra 20%. If you see a lot of VSP Exam Plus, you can do well to send those to a non-IDC lab because a contracted lab has to charge you full retail price, you lose your usual lab discount. With non-IDC labs you can negotiate your own prices.
Also, VSP Signature and Signature Choice are very different plans. If you see a lot of Signature Choice the way the used to calculate the Patient Out of Pocket was based on your Bi-focal price. If you lowered your bifocal price you could get more for progressives.