Allergy & Immunology Billing & Coding Software
To manage your revenue cycle, AdvancedMD provides all the tools for a thriving allergy and immunology practice.
With AdvancedMD medical coding and billing software, you can efficiently complete your billing and claims submissions to speed up the reimbursement process and minimize lost revenue. Our software is designed to meet the billing needs of smaller single-specialty practices, so you never have to wade through features or modules that you don’t need just to get your claims out.
AdvancedMD offers a clean claims submission tool that checks every claim before it goes to the payers. It reviews for thousands of common errors in claims submission, then flags them so your team can quickly revise any claim and get it sent off accurately. Getting error-free claims to your payers has several benefits:
You get paid faster.
With AdvancedMD you can submit claims quickly after your patient encounter is done. The sooner you submit a claim, the sooner you get paid.
You don’t miss submission deadlines or windows.
Payers have specific timelines for when each claim has to get to them following your patient visit. If you miss it, you have to write it off as lost revenue.
Your staff doesn’t waste time reworking erroneous claims.
When there’s a problem with a claim, it comes back to your medical coding and billing staff. They have to spend more time figuring out the problem, correcting it, and submitting a new claim. All of this also has to be completed in a tight time window to satisfy payer deadlines.
You have less bad debt to write off.
The reality for practices that struggle with claims denials is that you end up having a lot of claims that never go through. Your provider(s) miss out on revenue for work they did and your practice suffers.
You meet your revenue and cash flow targets.
Practices budget based on the money they expect to come in for the work they’ve done. If your providers aren’t getting paid for several weeks or months after the patient encounter, or you have to write off a lot of claims, it messes with your revenue projections. That could make it hard for a small practice to meet financial obligations like lease payments and payroll.
The benefit of AdvancedMD is that your staff doesn’t have to do any extra work or learn any new software programs. We have automatic claim scrubbing for every claim, every time. All you do is keep running your business as usual, and let us take care of the rest.
There are tens of thousands of CPT, HCPCS, and ICD-10 billing codes, but only a small portion of them apply to the work your providers do each day. If your medical coding and billing specialists have to wade through a sea of codes to try and find the exact one they need on every claim, it takes extra time and delays your claims process.
Our team stays on top of all the latest adjustments, from minor tweaks to existing codes to major overhauls that eliminate some codes and add others. Your team will always be working with the most accurate and up-to-date list of medical codes to send off to your payers. Since our system is cloud-based, you never have to remember to update your software or waste time waiting to download the latest catalog of medical codes to use.
We also make it easy for you to accept payment from self-pay patients. Use our standard templates to create invoices for patients, or customize your own templates for self-pay billing. Apply any discounts that are available for self-pay patients before you send patients the bill via email or in the mail. You can also program the software to send automated text reminders that a payment is due. You can include links to your online bill pay portal so they can quickly access and settle the bill.
Today’s clinics need simple tools to help patients make their payments online. While a small percent of your patients might still prefer to pay with a mailed check or using cash in the clinic, most are going to use their credit card, debit card, HSA, or FSA cards to settle their bills. That means you need easy online payment tools. With AdvancedMD you get a full-service online payment portal to accept payments. Patients simply go online, enter some basic information from their invoice, and submit a payment with their card.
The system automatically matches patient payments with outstanding invoices so your team won’t have to do the manual work to get patient accounts settled. If there’s a discrepancy between what a patient pays and what their balance shows, our system flags it so your team can quickly review the account and connect the payment to the balance.
Independent practitioners and small group practices need to have all the same revenue cycle management tools at their fingertips that large hospital systems have to effectively manage claims, income, payments, and expenses. With AdvancedMD you and your team can always get a snapshot of where your clinic stands today, and dig deeper into the numbers with a single click.
Set up automated reports to run and go straight to your inbox and the inboxes of all your key stakeholders. Use our huge library of reporting templates, or create whatever you need to visualize and communicate your financial picture to providers and administrators. Our reports are easy to read, and give you the ability to drill down into any part of the data to see more.
Jed Shay, MD
The Pain Care Center
Keith Berkowitz, MD
Center for Balanced Health
Estaban Lavato, MD
La Loma Medical Center
Raju Raval, MDRead the story ›