We Are RevRenu
From Insurance Billing to Credentialing and Verification, let RevRenu handle your revenue cycle and focus on the bigger picture.
Rachel Mattix
Jacqueline Sherman
Derrick Martin
Starting a cold practice is both thrilling and daunting. Amidst the excitement, there’s a myriad of details vying for attention. For ODs venturing into this realm, navigating unfamiliar territories is part of the adventure.
Yet, amidst the hustle, it’s easy to overlook crucial details, especially in Revenue Cycle Management (RCM). Timing is crucial.
Credentialing is paramount for cold starts, and RevRenu steps in to assist. Timely credentialing prevents billing issues and cash flow disruptions in the crucial initial months. Outsourcing billing tasks delays the need for full-time staff, allowing doctors and small teams to prioritize patient-focused activities.
RevRenu serves as the backbone for local private practices, spanning from solo practitioners to large multi-provider practices. Our clients cover specialties like vision therapy and surgery co-management, and engage with diverse insurance payers. Whether it’s addressing staff turnover, growth challenges, or expertise gaps, practices rely on us for short-term projects or long-term strategic needs.
The optometry industry sees change with the rise of private equity (PE) investors, leading to practice acquisitions and consolidations for scaling purposes. This growth creates operational challenges, including ongoing credentialing work and software transitions. RevRenu collaborates with national and regional practice aggregators, offering tailored RCM services to meet their evolving needs, from billing and credentialing to AR cleanup and custom projects.
As the preference for practicing in corporate affiliate settings grows, the focus remains on delivering excellent patient care, whether it’s within an established retail location or an independent brick-and-mortar setup.
RCM challenges, such as aging claims and credentialing issues, are common in both settings. Corporate affiliate doctors often face these challenges with smaller staff, placing additional responsibility on the doctor.
RevRenu supports corporate affiliated ODs across a variety of corporate environments.
Optometry school clinics share revenue cycle management needs with other eyecare practices but are often large, high-volume facilities with growing billing complexities.
In university healthcare settings, coordination with campus hospitals and other clinics is crucial. Additionally, student doctors in learning environments may make billing errors. RevRenu provides tailored solutions to support optometry schools, focusing on claim scrubbing and aggregated feedback to aid student education.
As the elderly population expands, more optometrists are offering care in nursing homes or dedicating practices to serving this community. For many, it’s not just an opportunity, but a calling.
Optometrists with nursing-home practices often lack brick-and-mortar settings and have limited staff. RevRenu provides billing expertise to navigate Medicare and Medicaid complexities, scaling resources to support practice growth.