REDEFINING MEDICAL BILLING SOFTWARE

REDEFINING MEDICAL BILLING SOFTWARE

Medical Billing Software has been a mainstay of the medical and dental industry for nearly 30 years. At first designed as a simple practice management system for doctors and dentists, this category of software has evolved to create powerful Medical Billing Software programs that function as valuable tools to enable a medical practice to navigate through all the various payment schemes available from private and government-backed insurance programs.

Choosing the right Medical Billing Software will resolve the challenges faced by medical practices - regardless of their size or patient load. But are all Medical Billing Software programs created equal? Does every program address issues such as fewer claim rejections, denials and underpayments? Is the software capable of handling the ever-changing codes used by various insurers? How does this software treat bills that go unpaid for long periods of time? And how does your Medical Billing Software interface with the dawning era of electronic storage of medical records. There are software programs that even integrate credit card payment options as a function of patient management. But there is more to running a successful medical practice than billing.

A new generation of Medical Billing Software has emerged that is integrating the three primary functions required by the medical and dental industry: Practice Management, Electronic Medical Records (EHR) and Scheduling. Traditionally, each area has been allocated its own stand-alone application, but by integrating all three patient-specific key functions into one Electronic Health Record system a new level of efficiency can be achieved. This is a sea change from the traditional paper-based record keeping systems used by so many medical practices in the past; and by using current technology upgrades issues like code revisions, rescheduling or underpayment will no longer negatively impact the efficiency of a medial office. Add-ons to the software system can include both assessments of various insurance paying patterns to detect underpayments and automatically generate appeals letters. And the innovations do not stop there.

Some companies, like HealthTec, offer more advanced software. Their Electronic Medical Records software, HealthTec EHR come pre-loaded with a unique graphic user interface with detailed templates to allow for detailed charting options; not to mention electronic prescriptions, drug-to-drug and drug to allergy interaction warnings, and even the ability to hand-write, type or dictate any note onto a patient’s chart and many more unique features.

Too often, medical practices are bogged down by the little things. Too much time gets spent on backroom stuff instead of patient care. With the right medical billing software solutions a medical practice can get back to its primary goal – resolving health issues for its patients. The more efficient the software, the easier it will be to make running a medical practice less of a hassle and a more profitable venture.