Looking for a better tool to optimize medical billing collections? Well, medical billing software is designed to automate recurring and error-prone billing, help healthcare facilities verify insurance coverage, provide reports on collections and rejections, improve collection rates, and post payments and Explanation of Benefits (EOBs).
Whether you are looking for a stand-alone medical billing program or an ERP solution with integrated medical billing, EHR, and practice management, there is a flood of revenue cycle management software in the market. You can choose the right tool that meets your requirements and make it a vital part of your medical reporting system.
1. NueMD
The easy-to-use software, with an intuitive interface, puts practice data at your fingertips. It is a full suite of medical billing capabilities that ensures insurance claims are properly and quickly filed and reimbursed. With an in-house claims clearing house, the cloud-based NueMD handles more than 3.5 million claims annually and enables users to recoup an unlimited number of claims and handle payers, without having to worry about unpredictable collections.
With completely customizable billing tools, the ONC-ATCB certified billing software offers advanced functionality for clinical workflows, helping improve accuracy and reduce paperwork and overdue copays. Its easy navigation and ease of use make NueMD a great product for healthcare professionals that are too busy to take care of the administrative and financial processes of their practice.
Cons: Singing in the system can be slow sometimes, but this isn’t a significant issue, since the rest of the functionalities work seamlessly.
2. MediTouch
When it comes to choosing medical billing software, the web-based MediTouch is a perfect option. Designed by revenue cycle management experts, the software is easy to use and offers incredibly powerful functionality. With an attractive colorful interface, the software is a useful tool for practices focused on improving revenue cycle management, helping automate billing, and post-secondary payments, registering patients, and scheduling patient appointments for medical billing services.
Cons: Initially it may take a while to get a hang of the system, but with practice, the system works hassle-free.
3. Benchmark
A full suite of comprehensive practice management and billing features, Benchmark is robust medical billing software for healthcare professionals looking to offload the burden of their practice’s financial and administrative processes, including billing and collection services.
Benchmark Clinical features a patient portal, which enables easy access for patients to their billing statements, medical records, and appointments. With its own claims clearinghouse, Benchmark offers complete revenue cycle management services, allowing electronic claims processing, electronic remittance management, and seamless billing and collection processing.
Cons: The reporting system has some room for improvement. Besides, you need to print the report in order to view it, which delays things and is a waste of time.
4. Kareo
When it comes to choosing medical billing software, you want a system that simplifies your task of processing claims and collections, making billing a seamless process. It is here that Kareo stands at par with the best revenue management systems.
A perfect medical billing solution for small practices and billing companies, this cloud-based system is designed to simplify patient scheduling & collection processes, insurance confirmation, delinquent accounts management, patient document storage, and report customization.
Cons: Adding new carriers can be confusing to beginners. With frequent use and practice, the system is a breeze to operate.
5. Eclipse
With extraordinary features, Eclipse is widely popular for its robust functionality and unrivaled performance among revenue management software. The software is amazingly effective for small practices and offers a super fast billing and collections solution.
The user-friendly interface ensures that working with the system is hassle-free and less time-consuming, which makes it a perfect alternative for busy medical practitioners, helping you do what you do best – ensuring patient safety. Billing the whole practice is a matter of minutes with this innovative medical billing software that is equally great for report generation.
Cons: The learning curve can be a little slow for a busy healthcare practitioner, but since it is part of the process, it isn’t too big a problem to consider against investing in this software. The user guide and manual can make things easier at your end.
Still, wondering how to choose medical billing software that offloads the burden of managing the financial and administrative aspects of your practice? Worry not! You will find the much-needed help and guidance at ITQlick – your ultimate recourse to finding the best software solutions available in the online marketplace.