Top 5 billing software for doctors
Doctors are responsible for solving a lot of problems. They help patients achieve their personal health goals, screen for issues before they turn into something serious, and ultimately diagnose and treat illnesses. Meanwhile, they also have to run a successful medical practice, which comes with even more challenges — like getting paid on time.
Doctor billing software helps physicians and their support teams streamline billing processes, and that translates into faster payment processing with less manual labor. Each tool on the market offers different capabilities, but each one makes it easy to draft and review invoices, collect payments, and project cash flow. Some software even focuses on niche practices like mental health or surgery.
When choosing the best doctor billing software, carefully assess your current billing operation and where you need the most support. Regardless of your practice type and billing challenges, you’re sure to find a fit for your company on this list of the five best doctor billing software platforms available:
1. Tebra
Tebra is an end-to-end practice management solution that specializes in billing. The platform can make your billing process completely paperless, with a robust claim management system that gathers all the information and reporting needed for ultra-fast billing to insurance companies. Since information is stored in the cloud, users can manage Tebra from anywhere and at any time.
In addition to serving as doctor billing software, the platform can also digitize charts and patient records as well as automate insurance verification, appointment scheduling, follow-ups, and document verification. Tebra even integrates with text messaging to send convenient reminders and other alerts to patients.
2. CareCloud
All of the doctor billing software solutions on this list offer a number of billing features, but only CareCloud primarily functions as an RCM (revenue cycle management) system. In addition to helping users draft, manage, and track bills to insurance providers and patients, CareCloud can serve as a payment portal for collecting funds digitally rather than receiving checks in the mail.
The platform’s powerful machine learning capabilities can help improve billing processes over time by automating invoices and predicting payment turnaround. This can help office managers and other accounting professionals on the team better estimate cash flow and set new revenue goals. Beyond billing, CareCloud helps medical practices automate appointment scheduling, chart management, and analytics. The platform fully integrates with other tools, such as Breeze PXM, Charts EHR, and Central PM.
3. Jotform
As a legacy online form builder, Jotform has one of the largest product offerings on the web, with more than 10,000 free online form templates, tables, and workflows. With its HIPAA-friendly platform, Jotform tailors solutions to the healthcare industry and even offers doctor billing software capabilities. During the past year, these offerings have expanded to include telemedicine software and a mobile health app to streamline patient care and communication through smartphones.
Providers can customize a health insurance claim form and use conditional logic to automate submissions to the appropriate recipients. Jotform also allows users to create branded invoices, insurance claim forms, and payment tracking spreadsheets with accounting, billing, payment processing, and medical management offerings that compete with leading HIPAA-friendly software.
Beyond doctor billing capabilities, Jotform also helps healthcare providers with patient intake, pre-screening, and appointment scheduling.
Being a doctor already comes with enough challenges. Billing and payment tracking doesn’t have to be one of them. Automate your office’s biggest payment processing challenges with a billing software that fits your specific needs.
4. NextGen Healthcare
NextGen Healthcare is a comprehensive doctor billing software that offers end-to-end billing and patient management. Originally designed for ambulatory practices, the tool has evolved into a full-service offering for healthcare providers of every practice type and size.
NextGen makes it easy to manage all claims in one central dashboard and catches issues before they result in a rejection or denial. Making sure claims get approved the first time around streamlines the overall process and helps doctors get paid faster. The platform even handles multiple billing options, with the ability to collect payments through digital statements, hardcopy prints, text messages, and calls.
5. DrChrono
As the company promises on its website, DrChrono helps doctors focus on practicing medicine rather than administration. The platform boasts leading-edge capabilities, including batch payments, automatic claim categorization based on appointment type, a billing rule engine that simplifies claim filing and catches errors before they’re rejected, and other custom conditions.
DrChrono is especially designed for practices with high payment collection volumes. It helps ensure nothing slips through the cracks, and claims are trackable with less time and effort. The doctor billing software goes beyond payment processing to offer other important solutions, such as HIPAA-friendly telehealth capabilities and tools for multi-specialty practice management. DrChrono is just what the doctor ordered for physicians who need robust, automated support for their practices.
Photo by: freepik
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