Podiatry Billing & Coding Software
AdvancedMD software can help you maintain the financial health of your podiatry practice so you can focus on helping patients with their foot health.
AImprove billing and coding accuracy
Our comprehensive software offers all the tools to get claims out fast so you can improve reimbursement rates and shorten the time from claims to payment. With AdvancedMD you have everything at your fingertips to ensure timely billing and accurate coding, eliminating common errors that slow down revenue cycle timelines.
Medical coding and billing are critical factors in practice success. When you have the right software solutions to improve coding and billing, it will:
- Reduce errors that lead to claims denials or rejections
- Minimize staff time spent on reworking denied claims
- Improve first-pass resolution rates on claims
- Avoid missing payer deadlines for claims payment
- Save your staff time and frustration
AdvancedMD designed our software to ensure that small and independent podiatry practices have the right tools to improve billing and coding. Our software includes several convenient features for better billing and coding by automating much of the process. This reduces errors and streamlines the entire revenue cycle management.
Automated insurance eligibility verification
Inaccurate or outdated insurance information is one of the most common reasons payers deny claims. AdvancedMD automatically checks insurance eligibility twice, once at the time the patient schedules their appointment and a second time right before the appointment. This gives your staff plenty of time to address any issues with insurance with the patient prior to arrival, such as lapsed policies or insurance changes.
Suggested billing codes
Medical coding teams can speed up the coding process with AdvancedMD medical coding and billing software. The system automatically suggests appropriate codes based on information in the patient’s record, including encounter notes, chief complaint, diagnosis, and SOAP notes. Our software uses the most advanced machine learning and AI tools to identify codes, helping your staff avoid overcoding or undercoding errors. Staff members can also set up custom lists of commonly used codes or choose from last-used or most-used options.
Continual software updates
Having access to the latest ICD-10 and CPT codes is essential to billing accuracy. AdvancedMD provides continual software updates anytime there is a change to these codes. Your team will always be working from the most updated lists, and they will never be responsible for updating the software on their own. With our cloud-based SaaS solution, the AdvancedMD team pushes out updates as soon as they are available and they are immediately ready for your coding and billing staff to use.
Industry-leading claims scrubbing
Claims scrubbing services can dramatically reduce errors in billing. With our industry-leading tools you get a comprehensive claims scrubbing service to check every claim before it goes out. It can identify more than 3.5 million common errors in podiatry claims. Then our software creates simple worklists for staff to quickly review any flagged items, correct the information, and get the claims out the door.
ERA to track claims online
Pull all the information you need to submit claims, including EOBs and patient encounter documentation, without the hassle of uploading or manually entering information into the software. Then track each claim online as it moves through the process using electronic remittance advice (ERA) to get a better picture of when reimbursements are coming.
Convenience for patients and staff
We offer convenient tools to help your medical coding and billing staff, administrators, providers, and patients with medical billing and payments. Patients can check in online prior to their appointment and review their insurance information for accuracy. They can also see outstanding balances or estimated charges. Patients can pay for some or all of their patient responsibility online using our convenient payment portal.
Once claims go through the payer process, patients can see invoices for outstanding amounts online through the patient portal. They can pay using credit, debit, FSA, or HSA cards, or set up convenient payment plans for large balances.
AdvancedMD can also facilitate retail payments for DME and other equipment for sale in your clinic that isn’t covered by insurance.
Full suite of reporting tools
Our suite of reporting tools makes it easy for you to see the full financial picture of your podiatry clinic. We offer a completely customizable reporting module to show you the most important financial information and help you make better business decisions for your practice. Reports automatically run and go straight to the inbox of key stakeholders, physicians, and administrators. If you don’t see a report in the system, our team can help you create one to meet your needs.
Get a demo today
Discover why so many independent podiatry practices use AdvancedMD for their medical coding and billing software. Schedule your live demo today to see it in action and get all your questions answered.
