Medisoft and Lytec are two top practice management systems available for medical practices. Medisoft is the #1 selling medical billing software with over 70,000 providers using it for their day-to-day Medical Billing and Practice Management tasks. Lytec on the other hand is the easiest medical billing software available in the market that’s why most medical billing schools choose Lytec for their training software. Microwize has always been the leading reseller of eMDs’ Medisoft and Lytec products and we realize how tricky it gets when you are looking for a new practice management system and not able to decide which one is best for your practice. We have developed a Medisoft VS Lytec page with our years of experience to help you decide which product is better for you.
Which one is the best practice management system?
Like all practice management systems, Medisoft and Lytec both allow you to enter and edit patients’ demographics and insurance information, appointments, and charges and payments. However, they do this in different ways. Medisoft is case-based, meaning that appointments and charges/payments are linked together in a case, which holds the patient’s insurance policy and condition information (separately from demographic information like name, address, date of birth, etc.); if the patient changes insurance, a new case will need to be created.
Lytec does not use cases, so insurance policy and condition information is all stored with the patient demographic information.
Medisoft’s Transaction Entry screen keeps charges in one part of the screen, and payments, adjustments, and comments in the other.
Whereas Lytec’s Charges and Payments groups everything together.
Lytec’s patient statements feature is more robust than Medisoft, but Medisoft allows more use of color-coding to visually track important info while entering data.
Lytec patient list
Medisoft patient list
Pros & Cons Chart of Medisoft & Lytec
|Database||Advantage||Microsoft SQL||MS SQL is more advanced|
|Demographics||Case Bases||Part of patient screen||Lytec easier to use|
|Colors||Use lots of colors||Uses some colors||Medisoft looks easier to track color in patient ledger|
|Scheduling||Very easy||Easy||Lytec allows you to use different time slot length by provider|
|Online Scheduling||Available||Available||Both Medisoft and Lytec works with Vosita.com|
|Appointment Reminders||Add-On||Add-On||Both Lytec and Medisoft offers appointments reminders via text, voice or emails|
|Data Entry||Very fast and easy||Super-Fast and advance||Lytec scores higher in speed when it comes to pre-cert and referring provider data entry|
|Updating insurance Information||Need to create new Case||Easy||Lytec scores higher Lytec has a very sophisticated way to update insurance information without the need too delete or reenter data.|
|Patient Statements||Easy||Supper Easy but advanced||Lytec scores higher for a buy practice|
|eStatements||Add-On||Add-On||Both Medisoft and Lytec works with Billflash|
|Fee Schedule||Limited||Very Advance||Lytec has the best fee scheduling features out of all the Medical billing software|
|Posting Payment||Very Easy||Easy||Medisoft scores higher as Medisoft allows you to post codes that helps you to track rejections.|
|Reports||Over 200 stock reports||Over 100 stock reports||Medisoft offers more reports however both programs offers custom reports options|
|Family Billing||Easy||Very easy||Lytec has more advance family billing|
|Account receivable Follow-up||Easy||Easy||Lytec and Medisoft has the same A/R tracker features|
|Images||Limited||Advance||Don’t mistaken imaging capabilities with document managements software, Images here we are talking about insurance card scanning or drivers license card canning|
|EMR/EHR||Add-on AKA Medisoft Clinical||Add-on AKA Lytec MD||Both Medisoft and Lytec offers the same EMR/EHR software (Practice Partner)|
|API/Integration||Easy||Easy||Both Medisoft and Lytec offers ODBC drivers|
|Vosita.com Integration||Available||Available||Both programs offers integrations to Vosita.com where the schedule in the office integrates with online availabilities|
|Popularity||Very||Not as much||Medisoft has to be the most one of the most Popular software as it is used in many schools and Medical Billing training institutions|