The Key Features of Advanced Practice Management Software

Posted by KUNAL JAIN on May 8 2015

Practice Management SoftwareYou may feel overcome with the amount of practice management (PM) software that’s on the market—everyone’s reaching out, trying to get you to try theirs with a free trial or a price-match guarantee. What’s important is you get the impetus to find the empirically best software that will work for you and not the other way around.

Key Features

No matter what label is placed on the software, consider these key features to be of the utmost importance when looking for the right advanced practice management software:

  • Online Scheduling: Seamless end-to-end appointment workflow.

  • Electronic Insurance Verification: verify coverage before the appointment.

  • Credit Card Processing: automated, simplified and secure.

  • Capture Co-pay: deductibles and co-pays are easily captured.

  • Past-due Alerts: Front office staff receive notifications and collect at check-in.

  • Automatic Charge Capture: effortless within the EHR, flexible within practice management.

  • HIPAA Compliant: easily comply with healthcare transactions and code sets.

  • EHR Integration: work in unison with your EHR through a connected and streamlined user experience.

The right advanced PM software needs to include the aforementioned features as well as provide patient demographics and updated financial reporting and analysis. Great PM software won’t force you to convert to their company’s EHR—you should be free to have the option to use an existing EHR (if you have one) or convert to theirs.

After all, interoperability is of supreme importance, because the more automation for your patients, the better and smoother appointment experience they will have. This optimizes your office’s revenue cycle management (RCM) and reduces administrative time on paperwork.

The Cloud

Making the change to cloud-based software enables you to utilize a secure platform with ease-of-use and eliminate software upgrades and bandwidth problems. Some features and freedoms the cloud allows you is:

  • Ease-of-use: simple software with paperless migration.

  • Continuous Updates: never worry about manual software updates or costs.

  • Data Backup & Security: peace of mind with automatic and hourly offsite data backup.

  • Medical Records Storage: offsite storage protected by enterprise-class security.

  • Anywhere, Anytime Access: look at patient records remotely on your mobile device or laptop anywhere with an internet connection.

  • Application Integration: integrate hundreds of vendors and services with one platform.

Not only will the cloud make your office mostly paperless, but it will also provide freedom and higher speed and connection which will boost productivity in your practice. Take advantage of this cutting-edge technology in order to stay connected—even from home.

More and more offices are transferring from the old and expensive way of paper records and upgrading to a cloud-based software and EHR. In terms of reliability and user experience, it is unrivaled. Just do your research before jumping on the bandwagon and buying the first PM software you see, as you want one that’s manufactured by a trustworthy vendor.   

Key Takeaway

There are many key features that exist in PM software. That said, you’ll want to research and find the right PM software that is functional and efficient with your specialty medical practice. Here at PracticeForces, our software ADP’s AdvancedMD has all of the above-mentioned amenities, with no licensing, usage or server fees. Our software can integrate with over 180 EHR applications, and is the best in the business. Let us show you how we can transform your medical practice’s billing solutions today!

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Topics: practice management software

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