Medical billing software is available in many formats, but in this age the most prevalent form is a web-based or cloud-based program. This throws out the classic IT structure and constant need to update coding or upgrade software, and replaces it with accurate claims coding and insurance verification, improved productivity and increased revenues. All of which can be accessed wherever there is an internet connection.
Web-Based Medical Billing Software Benefits
Cloud-based medical billing software offers many benefits to both mid- and large-sized medical practices. It provides:
Improved productivity and a precise process. Traditionally, billing is a tiresome task, but an online billing process guarantees more accurate coding, improved attention to submission and to the results of claims. Each provide the massive cut down of the time required of medical billing.
More accurate collections and billing. Given the endless amount of codes and diagnoses that are attainable, billing and collections are both highly prone to errors and mismanagement. With a medical billing software on the web, claims are coded correctly and then double-checked for errors which boosts collection rates and steels against rejections.
Streamlines costs. A web-based program costs much less upfront than on-site billing solutions, and doesn’t require an in-house IT team to run maintenance on it. It also alleviates manpower and takes the confusion out of coding meaning the practice gets what it needs in terms of both people and prices.
The benefits are many, but so are the products and their features. Each seems more specific than the next with a convoluted list of what they offer, so we have narrowed it down to the top four reviewed programs according to Software Advice and their best attributes.
The Top 4 Products and Descriptions
- Medios EHR (5 stars, 157 reviews) This software receives rave reviews from all of those who have implemented it into their practices. It offers an easy-to-use interface with the ability to customize the software features to your particular practice, so there aren’t any tedious or obsolete functions taking up space. It’s able to learn the physician’s preferences (such as commonly used billing codes and diagnoses), and puts them in direct contact with the patient through a communication portal. All of this is offered alongside great customer service that operates 24/7 to ensure any and all issues are solved immediately.
- Benchmark Systems (4 ½ stars, 161 reviews) Benchmark Systems is an all-inclusive suite of software that allows professionals to consolidate their practices into a single system. It offers appointment scheduling, practice management and electronic health records (EHR) in either a cloud-based or server format. It also offers a patient portal where both patients and physicians have access to their records, billing statements and appointments. Benchmark offers the option of outsourcing everything from the practice’s billing and collection services to answering phones and scheduling appointments. It covers all the bases and then some which is why this software has been so well ranked.
- 2015 WRS Health (4 ½ stars, 111 reviews) This program is another complete package, and allows physicians to operate their entire practice on the web. It isn’t just for medical records, either. 2015 WRS Health gives professionals electronic health records, scheduling, and e-prescribing. The billing processes serve around thirty-five specialities each with specific CPT codes and ICD codes for each which promises accuracy. Reviews praise the ease with which the program is delivered, priced and the ease of updates with no sweat or trouble on their behalf.
- Electronic Medical Assistant (4 ½ stars, 83 reviews) Although it’s 4th in the running, it’s no less impressive than the rest; EMA offers speciality-specific information for dermatology, ophthalmology, orthopedics, otolaryngology, gastroenterology, urology and plastic surgery practices. It has a learning engine that allows the program to recall commonly used diagnoses and coding, prescriptions, and even consent forms. It’s a everything-in-one program that also provides specialty-specific billing, quality of care reporting and value-based payments. EMA proves itself to be a very comprehensive program with encouraging reviews.
Each of these four web-based medical billing software programs come highly reviewed. With the right HIPAA compliant cloud storage, any of these could take a professional’s practice from error-prone to error-free increasing revenue and productivity.
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