Scoring the Best Medical Practice Billing Software

What is Medical Practice Billing Software?

Many medical professionals are discovering the fantastic advantages of using advanced electronic medical software to handle their billing.

Medical billing software is a computer application that systematizes the healthcare billing process. Medical practices and billing companies can use this software to improve their reimbursement rates significantly, increase revenue, and sustain their businesses’ financial health.

See also: Is Medical Billing for Dental Practice and Procedures Legal?

Medical billing software incorporates practicality to address all aspects of the clinical or medical billing work process, from planning arrangements to preparing payments. The benefits of medical billing software have kept on advancing, too, with some products now featuring powerful analytics capabilities of their own.

Advantages of Medical Billing Software Programming

  • While scheduling an appointment, front-office staff can check a patient’s insurance eligibility, then set up automatic patient reminders to reduce no-shows.
  • When a doctor sees the patient, information from the encounter can be automatically sent from the EHR to the billing software to facilitate communication between front-office and clinical staff.
  • Billers can then improve their claim acceptance rate by using claim scrubbing features within the billing platform.
  • As payments from insurance companies and patients are processed and collected, billers can generate reports that offer insight into their revenue cycles.

What do you need to put into consideration when searching for billing software?

Choosing the right software doesn’t need to be a daunting task. Here are a few things you need to keep in mind when selecting the software for your practice.

  • Is it easy to use?
  • Does your co-doctors trust this software?
  • What is the cost?
  • Your software must also be compliant with the latest regulations. 
  • Make sure your billing software can integrate with your other practice management software.
  • Compare leading medical billing software programs to find the right system for your practice

We’ve arranged a brief overview of the five leading billing software and products to give you a little idea about the different software features and ratings. We want to provide helpful information to assist you in selecting the right software.

EpicCare EMR

Core Functionalities: Appointment Scheduling, Compliance Tracking, Self Service Portal, Voice Recognition

Feature Ratings

Ease-of-use                  4.0 / 5

Value for Money         4.0 / 5

Customer Support        4.0 / 5

Functionality                4.5 / 5

DrChrono

Core Functionalities: Appointment Booking, Catalog supple. Insurance Management, e-Prescribing, Emailing Module, Built-in Eye Chart, Auto-checks for Compliance.

Feature Ratings

Ease-of-use                  4.0 / 5

Value for Money         4.0 / 5

Customer Support        4.0 / 5

Functionality                4.0 / 5

Kareo Billing

Core Functionalities: Appointment Reminders, Claims Management, E-Prescribing,
Multi-Provider Practice, Single Provider Practice, Appointment Scheduling, Compliance Tracking,
EMR/EHR, Initial Assessments, Medical Billing, Self Service Portal, Treatment Plans

Feature Ratings

Ease-of-use                   4.0 / 5

Value for Money         3.5 / 5

Customer Support        4.0 / 5

Functionality                4.0 / 5

CureMD EMR

Core Functionalities: Appointment Scheduling, Compliance Tracking, Meaningful Use Certified,
Self Service Portal, ONC-ATCB Certified, Voice Recognition

Feature Ratings

Ease-of-use                  3.5 / 5

Value for Money         3.5 / 5

Customer Support        3.5 / 5

Functionality                3.5 / 5

clinical work PM

Core Functionalities: Claims Management, EMR/EHR, Insurance Eligibility Verification, Medical Billing, Multi Physician, Patient Records Management, Patient Scheduling, E-Prescribing, HIPAA Inventory Management, Multi-Office, Patient Portal, Patient Registration, Physician Scheduling.

Feature Ratings

Ease-of-use                  3.5 / 5

Value for Money         3.0 / 5

Customer Support        3.0 / 5

Functionality                3.5 / 5

See also: Answers to: Medical Billing Commonly Asked Questions

The medical industry will stay complex, and it remains to become more technology savvy and imperative to your medical practice. Many doctors are switching to practice management software solution because it saves them time and money. It gives you more time to assess your patients accurately, your entire team doesn’t have to worry about document storage, and patients’ records, information, and data are more accessible to you and are secured.

Don’t miss out on our FREE 43-page report to earn and learn more. Be on top of your practice with our help.

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