Why We’ve Chosen AdvancedMD as Our Clients’ Practice Management Software
Effective revenue cycle management (RCM) and consistent collection strategies are crucial for the financial health of medical organizations. Practice management software can be a powerful tool for maintaining a practice’s revenue and billing. When we work with a client, we typically recommend that we use a shared practice management software so that our team and your team can work seamlessly to optimize your RCM.
Modernizing Your Practice RCM Processes
Medical practices can streamline efficiencies and processes by adopting technological solutions. Many practices, however, use legacy systems and processes that require manual input into excel sheets. This transfer of information from one format to another is plagued by human error.
Practices that do use practice management software may have confusing workflows and inconvenient workarounds to integrate with electronic health records (EHRs). Training to understand the software to its fullest capacity can be timely, frustrating and costly.
And some practice management software solutions struggle with unique claims, scheduling, communication and patient engagement features. These platforms don't account for the intricacies of individual practices, which can lead to slower payment cycles and increased denials.
Many practice management systems also lack depth of tracking, reporting and analytics capabilities. These options only provide basic reports but can’t export medical records.
Physicians looking for an easy answer may end up overcomplicating their lives. You shouldn’t just buy practice management software off the shelf; you need a high-quality solution deployed by a team of industry experts.
AdvancedMD Outshines Competitors
Onpoint Medical Solutions leverages AdvancedMD to maximize revenue for physicians and medical specialists. This practice management software streamlines medical billing services and enhances overall efficiency in a variety of ways, including:
Comprehensive Integration for Seamless Operations
AdvancedMD integrates seamlessly with various healthcare systems to combine practice management, medical billing and EHR. This integration minimizes the need for multiple software platforms and reduces administrative burdens.
Ease-of-Use
AdvancedMD’s interface has user-friendly navigable billing and scheduling functionalities. This streamlined approach ensures that Onpoint can efficiently process claims, reducing the chances of errors, denied claims and delayed payments.
Robust RCM Features
AdvancedMD’s advanced billing features include:
Automated claims scrubbing
Real-time eligibility verification
Comprehensive reporting
Insights into revenue cycles, trends and inefficiencies
We can identify and rectify issues before they impact your bottom line. GCR provides a broad overview of how much revenue is being generated from billed services.
Increased Collection Rates
Patient engagement tools like patient payment portals, automated billing and reminders encourage timely payments, reducing accounts receivable days. These enhanced collection efforts also foster strong relationships between providers and patients.
Tailored Solutions
AdvancedMD provides customizable options to suit various specialties and workflows, enabling us to tailor our services to meet the specific needs of clients. We can adapt the software to align with specific operational needs, ensuring a smoother implementation process and better results.
Empowering Healthcare Providers with AdvancedMD
Choosing the right billing and RCM partner makes all the difference. Onpoint utilizes a comprehensive, integrated solution so healthcare providers like you can thrive.