Significance of Free EHR & Practice Management Software for Practices & Hospitals
- May 19, 2021
- Posted by: Andy Smith
- Categories: Healthcare IT, Practice Management System
Today, healthcare providers and practices rely on either Paid or free EHR or Practice management software to digitize administrative tasks and for storage of clinical records. These systems streamline various practice management processes of the healthcare ecosystem and make it easy for clinicians to track patients’ medical histories.
Practices can get great benefits from a free EHR system that can potentially boost your practice cash flow. These healthcare systems have become an integral part of medical practices and healthcare organizations all across the globe. There are dozens of healthcare software solutions but you need to choose the best one depending on the ease of use, pricing, features, implementation, training options, and ability to integrate with other systems.
Whether you run a small or large practice, there are various potential benefits you can get from the medical practice management software.
Practice management software or EHR manages scheduling, billing, and financial reporting. A combination of all these features in a single software helps you to keep your practice more organized and well managed. It speeds up overall billing activities and improves business cash flow.
A patient portal relieves some of the work pressure of the front desk employees by allowing patients to request appointments and submit forms online. Automated appointment alerts reduce no-shows and electronic insurance eligibility verification saves the overall processing time.
Improved Patient Communication:
Medical practice management software improves the practice’s performance, billing process, and patient communication.
Accurate Financial Analysis:
A practice management system can generate and send balance statements to patients. The software can also check if patients have money in their bank account before their appointment, making it easier to obtain payments at the point of treatment.
Reduce Billing Errors:
If you want to keep your medical billing in-house instead of outsourcing your medical billing services, you can ensure claims are submitted on time with the practice management system. In addition, our practice management system can increase the number of claims that payers insurance companies accept on the first attempt.
Our practice management software is a complete all-in-one solution that works together perfectly with some other integrated modules and makes managing data easier than before. It provides important information such as patient insurance details or diagnosis codes for medical billing. The software streamlines day-to-day operations and improves communication between healthcare providers and patients. Practice management software is generally used for patient registration, appointment scheduling, medical billing, coding, patient-provider communication, data reporting, and analysis.
Key Functions of a Practice Management Software:
Below are the key functions of a medical practice management system.
When a patient schedules an appointment or visits their office, the front office needs to capture their information, which includes their name, age, address, insurance provider, and other details. EHR or practice management software allows filling in patients’ information that helps to get an update regarding the payment status.
Once patient information is registered in the system, you can schedule their appointment at any time. When making an appointment, you normally have the choice of selecting the appointment form, date, and time, provider, and location. You can also run an insurance eligibility search to ensure that the patient is still eligible for your practice’s services.
One of the most critical functions of practice management software is billing. When a doctor sees a patient, charges are captured and must be coded into claims. The claims go through checking for mistakes before sending to the payers. On claim approval, you will be paid electronically. If not, the staff can manage the rejected claim through the practice management system.
A patient portal is an important feature of our practice management software. Providers use portals to submit and receive intake and consent forms. Patients can take appointments and prescription refills through this portal. It also features a secure messenger so that patients could message the practitioners with any questions or concerns.
Practice management software shows a summary of patient information as well as financial details. MediFusion free EHR is an amazing software that helps in the improvement of different aspects of medical practice.
Practice management software is integral to modern healthcare organizations. Medifusion practice management software is simple to use. Clinical notes are available in a single window. Providers can swipe through to complete a patient encounter naturally, without excessive clicking or navigation.