Get paid, faster with the right medical billing software for your practice
Choosing medical billing software doesn’t have to be an exhaustive, painstaking process. Whether you’ve outgrown your current medical billing software or you are transitioning to a paper-light system for the first time, shopping for medical billing software is a good opportunity to identify the inefficiencies in your practice processes and address them, together with the right technology provider.
Below are practical examples of key practice processes and how they should be supported by your medical billing software:
Appointment scheduling: An online calendar – helps you capture patient information. Having accurate patient data upfront will minimise your claim rejection rate later on in the patient collection journey.
Appointment confirmation: Appointment SMS reminders – prevents no-shows which helps minimise lost revenue.
Patientcheck-in: Automated benefit checks – allows you to know if a patient is covered or not for a consult. This will help your practice with the type of payment conversation you need prior to the consultation.
Claiming: Real-time electronic claiming – gives you instant feedback as to whether a claim will be paid or not. If you know the amount that the patient is liable for before they leave your practice.
Collecting: Payment SMS reminders – helps collect cash with little to no effort, freeing up your staff to carry out their day and engage more with patients at the practice for their appointments.
Reconciling: Automated reconciliation – will save your practice hours of valuable time.
Reporting: Business Value Reports – lets you review your practice data to assess how you are doing from a clinical, and financial point of view.
In summary, medical billing software should include functionality to address every part of the medical billing workflow, from scheduling appointments to processing payments to reporting on practice profitability.
Not sure which medical billing software is right for your unique practice? Contact us today for a complimentary, no obligation, practice assessment.
What are the benefits?
Medical billing software should simplify your admin processes while helping you to maintain control of your cash flow.
Your medical billing software should have smart automations to streamline and simplify your claims management processes.
Your medical billing software should have claim templates which help you to bill each service at the highest billable level.
No additional IT costs
Your medical billing software should be cloud-based so you don’t need to worry about additional hardware, manual updates and desktop support.
Medical billing software is a business tool that practices use to facilitate and automate their revenue cycle management (RCM) / billing processes. Ideally this software should simplify and bring more efficiency to processes such as checking patient benefits, claiming, reconciling and collecting; thereby improving practice profitability.
There are 4 factors that typically drive the pricing of medical billing software: i) Features offered (e.g. Real-time claims, automated benefit checks, etc) ii) Technology platform used (Cloud vs desktop application) and iii) Speciality (General practitioner vs Anaesthetist) and iv) The size of the medical practice i.e. no. of claims sent/patients seen.
Through automating key admin processes within the patient collection journey, medical billing software can help staff collect quicker with less effort. To find out more information on how this is done, click here.
Time-saving: Cloud services are owned, operated and maintained by a remote third party, so you don’t have to waste valuable time maintaining or upgrading the system.
Security: The cloud provider is responsible for ensuring that the latest data security protocols are in place to protect your data from potential threats. By choosing a POPI compliant cloud-based digital health solutions provider you can safeguard against your patients’ sensitive data being used, accessed or shared without their permission.
Accessibility: All you need to access the cloud is a device with internet connectivity – meaning you can access important information from your desk or even at the patient’s bedside in real-time.
Analysis: With a cloud-based solution you can easily gather and interpret data from a range of sources, such as EMRs, billing claims or online patient booking platforms to optimise processes and services.
Reliability: Data is backed up automatically to the cloud so you have real-time access to accurate information at all times.
All medical practices need to be careful about protecting sensitive patient, financial and other data. Doing so requires a mix of employee education, smart use of technology and physical security of buildings. Click here are some more helpful tips on how to keep your data safe.
Medical practice data can be one of your most powerful tools to help you run your medical practice. There are 4 ways that data acquired from routine processes can help you optimise your medical practice, namely by:
helping you maximise your consultation time
helping you decide which medical aid(s). if any, to contract with
helping you refine your service offering to patients
A medical billing bureau timely and efficiently manages the medical practice’s revenue cycle management process. The bBureau helps medical professionals to focus on patient care instead of administration and accounting.
Yes. As a doctor, your top priority is to focus on caring for patients and providing excellent service—not sweating over billing admin. That is why medical professionals often opt to outsource the admin side of their billing. Click here for more info.
Starting a business of any kind requires know-how, planning, resources, and, most importantly, a product or service for which there’s a market. Once you have identified your market, start assessing products to help you with the admin side of billing. Click here for more info on our Bureau solution.
Healthbridge has a variety of medical billing software services for General Practitioners (GPs); most Specialists such as Anaesthetists, surgeons and cardiologists; Allied health professionals such as physiotherapist, psychiatrists and chiropractors and Optometrists. Don’t see your speciality? Contact us to find out what solution we have for you.
Healthbridge’s medical billing software pricing is based on a percentage model. The percentage model takes into account i) Your monthly claim value and ii) speciality. Contact us for a customised quote for your practice.
Yes. At Healthbridge, we believe that doctors should focus on caring for patients and providing excellent service—not sweating over billing admin. That is why clients using our myMPS service offering can opt to use our billing management service, where we take care of your claims management. To find out more, click here.
Healthbridge’s medical billing software is available nation-wide. We service all 8 provinces including Gauteng (GP), KwaZulu-Natal (KZN), Western Cape, Northern Cape, Eastern Cape, North West, Limpopo, Mpumalanga and the Freestate. We also have head offices in Gauteng, KZN and Cape Town.
Download our best practice guide for choosing billing software
Medical billing software that will simplify your admin
Below is our medical billing product suite. Click the tabs to view each offering.
Configurable Pricing Your practice’s billing can be setup according to your preferred rates with ease. All pricing will then be allocated automatically without manual interventions required.
Easy Invoicing Statements and invoices are generated and automatically sent.
Family Check Check medical aid membership validation for all dependents. Accurate and current details are automatically imported.
SMS Notifications Send SMS invoices and payment reminders to patients.
Claim Tracker Enables you to monitor payments that have come through for claims. Makes it much easier to organise your claims so that it’s easy to identify tasks for the day.
Online Payment Portal Enable patients to make easy payments immediately through an online portal.
Claim Reversals Fix and resubmit claims sent in error.
Customised Report Packs View customisable financial reports in real-time.
Business Insights DashboardView key business metrics around your financial and operational data that will give you insights to help you improve efficiency.
Best suited for PMA brands: Elixir, ME+, Healthfocus.
The Benefit Checker app makes it convenient to check patients’ benefits for most major medical aids in one system. And with the instant responses, you won’t need to phone the medical aids anymore.
Receive fully-processed claim responses indicating what medical aids will or won’t cover for most of your medically-insured patients. This means your staff can have an informed discussions about payment with patients before they leave your rooms.
Did you know that a remittance advice with just a hundred lines takes approximately 2 hours to reconcile? You can reduce this to two minutes by having your claims automatically reconciled, saving hours of precious admin time and making your staff more efficient.
Both the doctor and staff get their own specially designed practice performance reports. At a glance, you will know what’s working well and what needs attention. You’ll also see the extent to which the practice is benefiting from using the Healthbridge 360 products.
Best suited for all specialities.
Fully processed claiming Receive fully-processed claim responses indicating what medical aids will or won’t cover for most of your medically insured patients. This means your staff can have an informed discussions about payment with patients before they leave your rooms.
Simplify your reconcilliation process by having 90% of your remittance advices (Ras) from medical aids sent straight to your email as an electronic link.
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Here’s what doctors in South Africa say:
Paediatrician | 3204774
“The most obvious value we’ve seen, has been the increase in our bank statements each month.”
“3 months have flown past in the wink of an eye. It has been an amazing experience for me; swift, efficient, with the lowest level of rejections ever in my practice!”
“Thank you so much for the work done for me. I am very happy and relieved as I am finally getting paid for the services I rendered.”
“The ERA’s being done by Healthbridge for me have made life so much easier for my accounts person. She is now free to improve the quality of service we provide to our patients.”