Patients Medical Records Software
AdvancedMD eStatements patient billing allow you to send invoices faster, which means you get paid faster.
Patient billing benefits:
- Electronic invoicing to most payers
- No waiting for paper EOBs
- AdvancedMD sends paper statements to payers who don't have electronic capabilities
- Get paid faster by sending patient statements daily, not weekly or monthly
AdvancedMD offers patient billing services for just a few cents more than a stamp. With just a few keyboard strokes, your patient statements are automatically printed, stuffed, addressed, stamped and mailed.
Since it is so easy to generate electronic statements, practices do them daily, instead of monthly and improve their patient collections by over 10 days typically. This collections improvement can result in a one-time $5,000 collections bonus for a small 3 provider practice.
In addition, the practice saves labor costs for printing, sorting, stuffing, addressing and mailing, plus the costs of purchasing stationary, envelopes and address labels. For just pennies more than the cost of a first class postage stamp, we will handle all that for you resulting in significant savings. For a small 3 provider practice, this typically results in savings of over $2,000 per year.
Patient statement features allow you to control the detailed rules as to when patients receive statements and what should be on those statements. You can of course override the standard settings and make changes to individual patient accounts.
The practice can easily update options to control statement formats, responsible party versus patient printing and numerous other settings.
