Tuesday, September 20, 2011 - Posted by Julie •

There seems to be a medical billing software solution around every corner. Some offer a gazillion features and a price tag to match, while others give bare bones basics for a nominal fee. Somewhere between the two are the rest of the medical billing software players. All of them want your attention… and your business. How do you select which software is right for you and your clients?First, look at functionality. What will the software do for you? Will it make your job easier, or give you more headaches? Basic systems help you create paperless statements based on billing codes and demographics, while fancier systems enable you to submit electronic claims and assist you with coding. Oftentimes, what you need in a software is based on what your clients need, as well as your experience and expertise in the field.
Second, do you want a system that stands alone, or one that integrates with scheduling software (aka “practice management”)? There are also all-inclusive billing systems that do everything from billing and scheduling, to handling electronic medical records and doing the dishes (don’t we wish!). With the coming requirement that all health records be electronic, it makes sense to look into a multiple function software offering that will help with compliance, instead of a standalone option that likely won’t.
Third, what is popular now? Trendy software solutions may offer bells and whistles, but will they get you through the long haul? At present, web-based medical billing systems are making a splash with low implementation costs, ease of accessibility and little need for IT support. All you need is Internet access you can count on and you’ve got a smart medical billing software solution.
Other trends include software that can make the transition to the ICD-10 coding system, scheduled for implementation on October 1, 2013. Some of the current software available will not be able to support the transition, making it important to check whether your choices will or not, too. Add-on EMR modules are also something to look into, as government legislation requiring the use of EMRs will affect the billing market as well. If you go the standalone software route, make sure you can add an EMR solution later on.
As an independent medical biller, it would be wise to ensure your software choice is flexible to the needs of various clients. This way, you can say “yes” to new clients without worrying about whether your software can handle their needs… and yours.
Image by Scott McLeod
Labels: medical biller, Medical Billing, Medical Billing and Coding, medical billing business, medical billing software
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