Top 5 Medical Billing Software

Medical Billing Software

Medical billing software automate billing tasks that get medical practitioners in the U.S. paid on time. They improve the efficiency of workflow and cut down on paperwork. Medical billing software also keeps patient information updated, creating smooth systems. Here are some of the best platforms medical practices and facilities should use.

1. Kareo

Kareo is a complete medical billing platform for independent practices, mental health and physical therapy clinics in the U.S. It is a cloud-based business and clinical management platform that improves the workflow of clients and optimizes billing.

Features:

• Built for independent medical clinics and practitioners.
• Simple, fast, flexible and affordable.
• Free support, onboarding and training.
• Electronic health records, practice management, marketing, patient engagement.
• Third-party services and apps in the Kareo marketplace.
• Enhanced functionalities that make it easy to comply with Medicare Access and CHIP Reauthorization Act of 2015 (MACRA).
• Cloud-based, so no hardware is required.
• Offers a program to kick-start the project without costly overheads.

Pros:

• More than 150 tailor-made and customizable templates.
• Offers online and digital marketing services.
• Able to integrate practice management and billing solutions.

Cons:

• Not suitable for hospitals.
• Could use support around creating fresh templates.
• More guidance to maximize the advantages of the platform.

The pricing of Kareo is clear and simple. It bills at the beginning of every month and does not refund any unused portion of the subscription. The onboarding fee is waived off if the clinic enters into a subscription agreement.

2. NeuMD

NeuMD is a customizable cloud-based software built for several health organizations. Different medical practitioners use it to deal with scheduling, health records, reporting, billing and improvements regarding daily functions. It efficiently manages clerical operations and allows doctors to spend their time caring for patients.

Features:

• Medical practice management files with accurate claims and quicker reimbursements.
• Daily scheduling that reduces no-shows.
• Patient portal that allows for remote and secure communication.
• Appointment scheduling, reminders, medical history access, lab results, insurance.
• Patient chart management that easily documents patient details.
• Physicians can see summaries of past appointments for referral follow-ups.
• Medical history tracking.
• Clinicians can edit and check the patient information.
• Scheduling can be automatically done for multiple offices, patients and physicians.
• E-prescription and e-documents for medication.
• E-labs results that alert providers of abnormalities and added costs to a bill.
• Ability to submit claims and an acceptance status within the day.

Pros:

• Intuitive interface allows staff to operate effortlessly and quickly.
• Reports and documents medical data electronically, reducing reporting errors.
• Scalability leverages software packages and templates to tailor to the workflow.
• Integration capabilities integrate practice and billing management software.
• Shares sensitive medical information securely in a cloud server.

Cons:

• Unresponsive customer service support.
• Is not easy to modify templates.
• Difficult to learn.

NeuMD has just a single pricing plan of $149 that is payable at the beginning of every month with no free trial or version.

3. DrChrono

As an integrated platform, DrChrono is a solution for ambulatory clinics and larger enterprises and hospitals. It has medical forms that can e-prescribe and schedule. It offers access to 40,000 different labs in the U.S. Organizations use DrChrono to manage patient intake and streamline everyday operations with a focus on quality medical care.

Features:

• E-prescribing that allows physicians to send multiple or single prescription orders.
• Checks for drug interactions before prescribing.
• Intelligent charting that records details into the system efficiently and quickly.
• Patient portal that pays bills, books appointments and communicates with the doctor.
• Automated reminders to help reduce the number of no-shows.

Pros:

• The platform has customizable billing, documentation and templates.
• Is intuitive, especially on the iPad.
• The interface is easy to navigate and user-friendly.
• The integration is supportive and makes billing and other tasks convenient.

Cos:

• Unhelpful and delayed customer support.
• Steep learning curve.
• Slow feature updates.
• Lags and downtime.

The different pricing plans of DrChrono are Prometheus, Hippocrates, Apollo and Apollo Plus. Exceeding the plan limits will incur additional charges based on per text, page and phone call.

4. CureMD

CureMD operates on a cloud server and can handle the clinical and administrative tasks of several health care facilities. It can schedule appointments and document patient interactions, including billings and payments.

Features:

• The enterprise scheduling manages workflow and appointments automatically.
• Matching and scheduling physicians with specialties using color codes.
• Waiting list management, family scheduling and eligibility verification.
• Chain scheduling and recurring appointments under a single dashboard.

Pros:

• Effective and accurate health care treatment with fewer errors.
• Fewer mistakes due to electronically charting medical data.
• Quick access to patient’s information, increasing daily traffic.
• Storage of sensitive medical information, eliminating the risk of being misplaced.
• Different tiers of access levels to secure confidential medical records.

Cons:

• No Android device mobile app.
• Unavailable for dentists.
• No handwriting recognition.

CureMD has a monthly charge of $195 for practice management, $295 for electronic health records and $305 for an all-inclusive package. It does not offer a free version or a free trial of its platform.

5. CareCloud

CareCloud medical platform is used by medical organizations to optimize, manage and track administrative and financial processes by streamlining tasks. It optimizes the time-consuming operations and manages workflow, saving money and time.

Features:

• Manages comprehensive scheduling with a calendar view for ease of use.
• No-shows can be reduced with patient reminders.
• Verifies insurance by accessing patient deductibles, co-insurance and copays.

Pros:

• Increased revenue and efficiency.
• Streamline workflow.
• Reduced errors and denials.
• Easy data accessibility.

Cons:

• No drill-down reporting.
• Billing services are not user-friendly.

CareCloud central costs $349 per month per provider. If you want a package that includes an electronic medical record (EMR) and practice management software (PMS), then the cost would be $628.