With so many big changes coming their way, doctors concerned about the upcoming ICD-10 transition or the shift to NPI compliance may not be putting much focus on medical billing software. After all, facilities that don’t need to submit electronic transactions to Medicare don’t need to make the transition to electronic payments by the January 1, 2012, deadline. But, even facilities that don’t need adopt the software can find big benefits by integrating it into their daily operations.
For example, medical billing software can work in concert with these other technological updates, providing benefits such as a reduced workload for employees and an increased profitability for the facility.
Among the many advantages to this new technology is that the right medical billing software can help with HIPAA compliance. For instance, medical billing software that automatically logs users off of an idle program or after a certain set period of time help ensure that patient’s information remains uncompromised and confidential.
With medical billing software, accounting can also be made easier. Certain programs offer users the ability to print and ship bills and the tools to upgrade patient ledgers, adjustments and insurance reports with ease. This can help doctors increase their medical practice management, as many users report that the software takes far less time than the traditional pen-and-paper methods.
For the best results, doctors may want to purchase a newer version of the software from a trusted provider that’s used by the government. For example, Medisoft v17, which is made by Centers for Medicare and Medicaid Services’ trusted partner McKesson, could help make EMR software easier to integrate. Before adopting any new technology, doctors may want to speak with a consulting firm that can present them with their best options.
