eStatement

Hidden in each monthly medical bill or collection letter you send to patients is the cost in staff time it took to print, fold, stuff, seal and stamp the envelopes – not to mention the lost opportunity of not having them focused on more productive, higher-value activities for the practice. Our electronic services offer your medical billing staff the ability to preview statements and send letters within the billing system, easily and quickly. Everything else happens automatically to speed electronic statements on their way to your patients – for about the cost of a stamp, and less than manually. Plus, with our software you can send statements daily rather than monthly – typically improving collection time by ten days or more.

Preview Electronic Medical Billing Statements

The AdvancedMD electronic patient statement tool allows you to preview all medical bills prior to being sent electronically to the clearinghouse, allowing you to hold single billing statements out of the batch and follow up later using our statement reports.

Eliminate the Hidden Costs of Paper-based Medical Billing Statements: Go Electronic!

Ever wonder how much it really costs to send monthly statements and collection letters to your patients? Going electronic helps you overcome many hidden costs to your medical billing process. Besides materials costs (paper, toner, ink, envelopes, postage, etc.) there is the cost of labor from staff time spent on this task, (printing, stuffing, licking and sticking) and, perhaps even more importantly, the cost of other more valuable things they didn’t get done as a result. It is estimated that a typical three-provider practice can save more than $2,000 per year in labor costs alone by moving to the AdvancedMD electronic medical billing statements system.

Automate Your Medical Billing Statements to Electronic, Eliminate Headaches

AdvancedMD electronic eStatement is an included service that automates the entire medical patient billing statements and collections process, freeing your staff to focus on more productive and important tasks. Charge summaries and collection letters can be quickly reviewed (and customized) right within the AdvancedMD system – and once approved, they are automatically and electronically processed and mailed to your patients – all for about the cost of a postage stamp.

Daily Electronic Medical Statements = Faster Collection Turnaround on Patient Billing

By moving to AdvancedMD, your medical practice can send electronic statements on a daily basis, rather than waiting for the weekly or monthly batch mailing. This capability is estimated to improve collection time by an average of ten days, translating to a one-time collection bonus of up to $5,000 for a typical three-provider practice.