20/20NOW Contract Structures

Created by Lacey Mielcarek, Modified on Wed, 31 Jul, 2024 at 10:14 AM by Lacey Mielcarek

20/20NOW Contract Structures


There are five different ways a client could be contracted with 20/20NOW to perform Eye Exams.  This articles reviews those five structures and the different Operations protocol that come with them. 


TABLE OF CONTENTS




Professional Service Agreement (PSA) / Telehealth Agreement


Client:   Private Opticals and Optometrists/Ophthalmologists, BJs 

Who Employees the PCC:  The Client (Optical Shop, OD, BJs) 

Who and How are Patient's Scheduled:  Client with own practice management software 

Phone Number: The Client

Webpage: The Client

Marketing:  20/20NOW can provide artwork, the site pay for any and all printing and signage. 

Exam Payments: Client Collects and keeps exam payment from patient on their credit card machine.  Client pays 20/20NOW per exam fee at the end of the month.

Who Sets Exam Price:  Client sets exam fee price.

Credentialing Vision Plans: Client is responsible to credential the 20/20NOW doctors under their Existing Vision Plans.  20/20NOW ODs can’t be used to establish exam service contracts.  

Billing: Client bills vision plan with Own software and staff 




Sublease

A location has to have a contract of Sublease in certain states like California, Texas, and Virginia, based on their state laws. 



Client:  Private Opticals in TX, CA, VA, Eyemart Express

Who Employees the PCC:  The Client 

Who and How are Patient's Scheduled:  Client with 20/20NOW Revolution 

Phone Number: The Client

Webpage: The Client

Marketing:  20/20NOW can provide artwork, the site pay for any and all printing and signage.

Exam Payments: Client collects payment from the patient using 20/20NOW payment portal.  20/20NOW Keeps the exam payment, 20/20NOW pays the client a monthly sublease per terms.  

Who Sets Exam Price: 20/20NOW sets exam fee price 

Credentialing Vision Plans: 20/20NOW Responsible for credentialing our doctors under our Vision Plans   

Billing:  Client enters patient and insurance information     into 20/20NOW practice management software, Revolution.  20/20NOW RCM Billing team submits exams to the vision plans for payment. 





Managed

A managed location means the PCC onsite technician is recruited and employed by 20/20NOW.  It is set up the same as if an in-person Independent Optometrist (IOD) is seeing patients inside a corporate location. 



Client:  Corporate Walmart, Costco, Sam’s Club

Who Employees the PCC:  20/20NOW

Who and How are Patient's Scheduled:  PCC with 20/20NOW PM software, Revolution.  Optical staff may assist in scheduling appointments if there are "admin fees" in the contract. 

Phone Number: 20/20NOW.  A select few managed locations use the optical's phone number for scheduling. 

Webpage: 20/20NOW houses information on my2020nowexam.com

Exam Payments: PCC collects payment from the patient using 20/20NOW payment portal.

Who Sets Exam Price: 20/20NOW sets exam fee price 

Credentialing Vision Plans: 20/20NOW Responsible for credentialing our doctors under our Vision Plans   

Billing: PCC enters patient and insurance information into 20/20NOW practice management software, Revolution.  20/20NOW RCM Billing team submits exams to the vision plans for payment.





Optech

An Optech location is similar to a managed location, the main different is the PCC onsite tech is a Walmart/Costco Optical staff memeber that is contracted to provide PCC services for 20/20NOW. 



Client:  Corporate Walmart, Costco

Who Employees the PCC:  Walmart/Costco

Who and How are Patient's Scheduled:  Optech PCC with 20/20NOW PM software, Revolution.  Optical staff also assists in scheduling appointments.

Phone Number: 20/20NOW number that forwards to the optical.   A select few managed locations use the optical's phone number for scheduling. 

Webpage: 20/20NOW houses information on my2020nowexam.com

Exam Payments: Optech PCC collects payment from the patient using 20/20NOW payment portal.

Who Sets Exam Price: 20/20NOW sets exam fee price 

Credentialing Vision Plans: 20/20NOW Responsible for credentialing our doctors under our Vision Plans   

Billing: Optech PCC enters patient and insurance information into 20/20NOW practice management software, Revolution.  20/20NOW RCM Billing team submits exams to the vision plans for payment.







If you have any questions email Lacey Mielcarek lmielcarek@for2020now.com

Article Updated on 05/17/2024  






 

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