Making the Most of Your Medical Practice Management Software
If it’s time for your practice to ditch the paper and tackle technology, consider using medical practice management software. Medical practice management software streamlines the clinic’s business by:
- Capturing patient demographics
- Determining patient financial responsibility for collection at the point of care
- Generating reports
- Maintaining insurance payer lists
- Managing patient records
- Performing billing functions
- Preregistering patients including insurance eligibility and benefit checks (1)
Medical practice management software is different from electronic health records, which focuses more on patient data rather than the administrative side of running the clinical business. Both are needed as medical practice management software will help improve the clinic’s business operations while electronic health records will help improve patient care. (4)
Medical practice management software uses
To help determine which is the best medical practice management software for your clinic, it’s important to analyze functionality and features. According to the American Medical Association (AMA), when choosing medical practice management software consider looking for features such as:
- Clinic documentation and interface
- HIPAA privacy and security compliance
- Medical billing and collections
- Patient communication
- Patient scheduling and information management
- Revenue cycle automation
- Systems reporting
- Technical specifications