Texas Governor Signs Law Preventing Managed Care Companies From Requiring ODs to Use Their Labs

By Staff
Wednesday, June 24, 2015 12:24 AM AUSTIN, Texas—On Saturday, June 20, 2015, Texas Governor Greg Abbott signed Senate Bill 684 into law allowing private optometric practitioners to provide patients with materials from sources of their own choosing rather than being required to use those of managed vision care companies.

Countdown to ICD-10: 10 Steps to Get Ready, Set, Go!

By Richard Mark Kirkner
Monday, June 15, 2015 12:10 AM Some medical professionals fear it because it will dramatically change the codes they use for reimbursement. Some mock it because the codes are so specific they can be as bizarre as “burn due to water-skis on fire” and “stabbed while crocheting.” But all realize that by Oct. 1, 2015, the switch from ICD-9 to ICD-10 will be unavoidable.

When Considering EHR and Practice Management Systems: Make Data-Based Improvements in Workflow and Efficiency

By Gary Gerber, OD
Monday, June 15, 2015 12:00 AM FRANKLIN LAKES, N.J.—At The Power Practice, we work with hundreds of doctors who are constantly challenged with improving their practice workflow using EHR and practice management technology.

Texas Law Will Prevent Managed Vision Care Companies From Requiring Optometrists to Use Their Labs

By Staff
Sunday, June 14, 2015 12:27 AM AUSTIN, Texas—The Texas legislature has approved a bill that prohibits managed vision care companies from requiring providers of optometric care to use an optical laboratory the vision plan owns.

VSP Global Appoints Kate Renwick-Espinosa as President of VSP Vision Care

By Staff
Wednesday, June 10, 2015 12:24 AM SACRAMENTO, Calif.—VSP Global announced  that Kate Renwick-Espinosa, current VSP Global chief marketing officer, has been appointed to president of VSP Vision Care, effective Oct.1, 2015.

Health-Tracking Eyeglasses Are the Subject of The Wall Street Journal Interview with VSP’s Jim McGrann

By Staff
Monday, May 25, 2015 12:18 AM NEW YORK— The Wall Street Journal focused on VSP Global’s new health-tracking eyeglasses for the “exploding market in the wearables space” in a video interview with VSP’s Jim McGrann earlier this week on Tues., May 19, 2015.

OSU College of Optometry Gets Half-Million Dollar Technology and Innovation Endowment from VSP Global

By Staff
Friday, May 22, 2015 12:21 AM COLUMBUS, Ohio—In its new role as an incubator of eyewear and eyecare technology, VSP Global has gifted $500,000 to The Ohio State University College of Optometry, creating the “VSP Global Technology and Innovation Endowed Fund.”

Security Life Now Offers Stand-Alone Vision Benefits to Individuals in 40 States Through VSP and EyeMed

By Staff
Wednesday, May 20, 2015 12:27 AM MINNEAPOLIS—Security Life Insurance Company of America has added four more states to the 36 in which the ancillary benefits provider launched its stand-alone vision insurance offerings in March 2015. The company’s PrimeStar Individual Vision Insurance is now available in Arizona, Kansas, Ohio and New Jersey.

ECPs Can Play Key Role in Re-Engaging Patients with Chronic Conditions Into Care, UHC Study Says

By Staff
Wednesday, May 20, 2015 12:24 AM MINNETONKA, Minn.—A new UnitedHealthcare study shows that 57 percent of patients with chronic conditions who receive a comprehensive eye exam became re-engaged with a primary care physician or specialist in managing their ongoing illness. In addition, the study also showed that employers that adopt integrated eye health and medical benefits, along with health and wellness programs, may improve employee well-being and reduce medical costs.

VSP Opens New Laboratory in Denver

By Staff
Friday, May 08, 2015 12:15 AM RANCHO CORDOVA, Calif.—VSP Optics Group is opening a new VSPOne Optical Technology Center in Denver, Colo. VSP said the new laboratory was established to help meet growing demand for its Unity Performance Optics products in the Southwest region.

Private Exchanges to Radically Transform Health Insurance

By John Sailer
Saturday, April 25, 2015 12:04 AM Private health insurance exchanges are expected to grow substantially and dramatically change the way employers provide health care, including vision, to employees.

How Will Private Exchanges Impact Optometrists?

By John Sailer
Monday, April 20, 2015 12:04 AM In three to five years, more than one-quarter of employers are considering moving to a private exchange, according to recent surveys by Aon Hewitt and Mercer, both of which manage private exchanges that include vision benefit options.

Vision Care’s Place in the Realm of Private Exchanges

By John Sailer
Monday, April 20, 2015 12:03 AM Broadly defined, private exchanges are websites that enable consumers to compare and purchase health insurance, typically with a defined contribution provided by their employer. Most are operated either by insurance companies themselves, benefit consultants, or technology platforms. (Private exchanges should not be confused with the public health insurance exchanges established as a result of the Affordable Care Act, see “Public vs. Private: What’s the Difference?”)

Spendwell: A Unique Type of Exchange

By John Sailer
Monday, April 20, 2015 12:02 AM Initially launched in 2012 as a direct-to-consumer marketplace, Spendwell has morphed into an e-commerce platform in which consumers can spend defined contributions provided by their employer. Not a private exchange in the sense that consumers can select health insurance plans from the website, Spendwell is instead an online marketplace where people can shop and buy health care services directly from providers.

Medicare’s $145B Reform Bill Passes, 21 Percent Cut Eliminated

By Staff
Friday, April 17, 2015 12:27 AM WASHINGTON, D.C.—The U.S. Senate approved a $145 billion health care reform bill (H.R.2) on April 14, 2015, that includes a permanent repeal of the Medicare Sustainable Growth Rate (SGR).