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Thursday, September 23, 2010

Innovative Medical Billing Software

Innovative Medical Billing Software
Medical Billing Software created by HealthTec Software, Inc. is designed to meet the challenge of managing the bottom line of a practice. It helps evaluate the financial health of any practice and provide a starting point from which to measure the current business status and potential business opportunity. These Medical Billing Software reports include:

• Service Analysis in Medical Billing Software
• Capitation Analysis in Medical Billing Software
• Fee Schedule and Plan Analysis in Medical Billing Software
• Expense Analysis in Medical Billing Software
• Payer Mix Analysis in Medical Billing Software
• Reimbursement Analysis in Medical Billing Software
This software aims to make the patient receive payment from Insurance Companies for the services rendered by a doctor to his or her patient. Although an extensive number of reports are built-in to Medical Billing Software, custom reporting is also available to allow the user to access system-wide information in just about any way imaginable to allow further analysis of the practice. Custom reporting in Medical Billing Software even allows the user to report on complex, multi-table relationships and allows reporting to screen, printer and even email and PDF files. Other reports that should be included in Medical Billing Software are information critical to proper practice analysis such as the average days-to-pay by insurance carrier, identifying breach of contract in the practice, provider comparisons using the relative unit value scale, analysis of proposed insurance plan participation compared to historical data and much more. Medical Billing Software allows use of up to 9,999 insurance plans with any mix of fee for- service and capitated plans. Medical Billing Software plans can be grouped by Payer Class (HMO, PPO, Workers Comp, Champus, Private Insurance, etc.) and each fee schedule can incorporate any relative value scale with conversion factors per code or per code category. Medical Billing Software should include dynamic learning of fee schedules allows the system to “build” fee schedules as payment posting occurs. Medical Billing Software code categories are user-definable - i.e., Evaluation and Management, Medicine, Surgery, Radiology, Anesthesia, etc. These Medical Billing Software features provide the practice with ultimate flexibility and efficiency in maintaining fee schedules and analysis.

HealthTec Software Inc. is a company that created the HT Fusion, HT Electronic Health Records, HT Practice Management, HT Visual Scheduler, FoxMed Express, and FoxDent Express. Their mission is to create highly competitive, quality practice-management software and related products and services for the healthcare industry and in the process, improve the quality of life for their staff, resellers and end-users. Details of their new products called Medical Billing Software can be seen in Medical Billing Software. You may contact them at 800-821-6054.

6 comments:

  1. Thanks for the information. It will be useful in the future.
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  3. I'm pretty sure that this software is going to help a lot of billers out there. I think the demand for medical billers are increasing and that a lot of people are going for this good paying career. I guess because of it's ability to make people do online medical billing even at the comfort of their own homes. I'm sure this is going to be popular to those people who can't leave home that much (like housewives or something).

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  4. Thank you to tell us so much useful information. So nice sharing. I’m glad to read it.Medical Billing San Francisco

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  5. Interesting and. It important information is really beneficial for us. Thanks




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