Medical billing software for optimizing practice revenue.
Medical billing software, along with scheduling & financial reporting software, makes managing your practice easier than ever.
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Centralized medical billing with powerhouse performance. You can manage billing for each provider & location within a single database & login.
AdvancedMD, one of the world’s leading medical billing software companies, gives you all the tools you need to manage your claims process in one place and to ensure that your claims management and patient billing process run smoothly every time. Our robust clearinghouse automates manual processes and improves workflow with auto-generated worklists and claims status tracking for multiple providers and sites.
Ensure your schedule stays full so your practice can accommodate more patients. Our powerful scheduling tools let you proactively manage no-shows, cancellations, waitlists and overbooking to maximize your clinical efficiency. Create recurring appointments and reminders to keep your patients and your practice on track.
Make informed financial decisions based on accurate, real-time data and gain a 360-degree view of your practice’s financial health. Our easy-to-read dashboard of interactive tools displays daily updates with MTD, YTD and period comparisons. Take advantage of big data technology, analytics and business intelligence to uncover your hidden revenue opportunities.
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Medical billing software is a computer application that automates the healthcare billing process. Medical practices and billing companies can use this software to greatly improve their reimbursement rates, optimize revenue, and sustain the financial health of their businesses.
Billing software includes functionality to address every part of the medical billing workflow, from scheduling appointments to processing payments. For instance:
Billing software significantly streamlines practice operations in a number of ways. For example:
Prices for our billing software depend on a few factors. We offer both per-provider and per-encounter plans. If your medical practice has a high patient volume, it usually makes sense to opt for a per-provider plan. Practices that see a lower number of patients, and specialties like mental health, chiropractic, and physical therapy, often benefit more from a per-encounter plan.
Prices also depend on added features, such as credit card processing, patient appointment reminders, advanced reporting functionality, and data conversion services.
For more information, visit our pricing page. Feel free to reach out to us – we’d love to help you find the lowest price possible for a plan that meets the needs of your business.
Cloud-based or web-based billing software runs on a remote server and is accessible from any authorized computer that has an internet connection.
When healthcare professionals first started billing electronically, most software systems ran on computers that were physically located in their offices. While this approach was an improvement over submitting claims manually, it came with some drawbacks. Server maintenance, performing ongoing updates, and resolving issues meant medical practices had to invest in trained IT professionals to keep the software running. As technology improved over time, it became possible to run software applications on a remote server and provide access to users through a web browser. This eliminated the need for on-premise software applications.
With cloud- or web-based billing software, maintenance and upgrades are handled entirely by the medical billing software company, and healthcare professionals are able to focus their time on submitting clean claims and getting paid. And as mobile computing becomes more and more a part of everyday life, cloud-based solutions make it easy to perform billing workflows on different types of devices like phones and tablets.
In many cases, medical practices can benefit from having a biller or billing team on-site. Close coordination with providers and quick communication can help streamline the billing workflow and resolve issues as they happen. Over time, a biller’s knowledge of the practice’s revenue cycle can become a powerful asset in optimizing revenue and keeping the business profitable.
That said, outsourcing medical billing is a great option for some practices, especially those without resources to devote to managing the revenue cycle.
Complete the form below to sign up for a live demo of AdvancedMD medical billing software.
Ron Rosenberg, PA
Practice Management Resource Group
Raju Raval, MDRead the story ›
Practice billing manager