Don't Roll the Dice When Choosing Billing Software

5

Click here to load reader

description

Guide for choosing practice management software for your medical practice.

Transcript of Don't Roll the Dice When Choosing Billing Software

Page 1: Don't Roll the Dice When Choosing Billing Software

DON’T ROLL THE DICE WHEN CHOOSING BILLING SOFTWARE FOR YOUR

MEDICAL PRACTICE That’s one gamble you can’t

afford to lose!

Page 2: Don't Roll the Dice When Choosing Billing Software

PRACTICE MANAGEMENT SOFTWARE CAN MAKE OR BREAK YOUR BUSINESS

Claim reimbursement is increasingly challenging

with payers doing their best to minimize claim

payments!

Page 3: Don't Roll the Dice When Choosing Billing Software

Having well-designed billing tools can help you level the

playing field.

To ensure “clean claims” utilize a functionality called “Real Time Eligibility” to check patient eligibility before providing services.

Prevent denials based on NCCI edits by using a built in “Claim Scrubber”

No more denials for terminated policies.

Provides chance to check the medical record and add appropriate modifiers or to correct service codes.

Page 4: Don't Roll the Dice When Choosing Billing Software

Electronic Invoicing and

automated electronic payment adjudication

Allows most claims to be submitted electronically

Payments can be received in as few as 5 business days.

ERAs received are posted to accounts automatically

without user interaction.

Significantly reduces time required manually keying payment data.

Page 5: Don't Roll the Dice When Choosing Billing Software

Advanced Practice Management tools for analyzing payer contractual reimbursements, account aging, denials, biller efficiency, etc.

A paperless Accounts Receivables Module saves you money and is good for the environment!

Reports can be scheduled to run automatically and emailed to interested parties.

Iridium Suite by Medical Business Systems offers all of these advanced functions and many more amazing features. Go to www.iridiumsuite.com to schedule a free demo today!