Medical Practice Management Software (PMS) automates your practice’s revenue cycle. More than that, it does so with efficiency. It streamlines your practice’s billing and other administrative functions.
If you are considering a new PMS, you are not alone. As many as 30% of physician practices are looking to switch or upgrade their PMS within the next three years.
What kind of software you choose depends on your type of medical practice and its related needs.
Let’s take a look at the types of medical office software available.
What Does Medical Office Management Software Do?
Regardless of the type of medical practice you run, PMS software provides the same basic functions for all.
Some of those functions include appointment scheduling and pre-registering patients. Preregistration includes verifying insurance eligibility and benefits.
It can also automate billing, determine patient payment responsibility, and maintain insurance payer lists. Finally, PMS software can collect patient demographics and generate required reports.
Three Types of Medical Practice Management Software
PMS software is available in three types. Those types are desktop, client-server, and Internet-based (also called Cloud-based).
Desktop medical office management software must run from a single location. One or more members of your staff will access the PMS from a single computer.
This option is restrictive in that it’s grounded to one machine. If your practice is small, this may be enough.
Also, mobile and cloud extensions are available for desktop PMSs. Thus, there is some flexibility.
Client-server PMSs are server-based. You will lease a server with the PMS installed.
Various members of your staff have access to the system through network access. This allows employees more access from different locations.
But, it can be a high expense for the smaller practices. Even medium to larger practices may find leasing a server to be cost-prohibitive.
Moving the system to the Cloud is cost-effective and is easy to access. If the physicians in your practice require access from remote locations, a Cloud-based system provides that flexibility.
It also allows you to provide patients with the ability to fill out forms online and read the physician notes from their visits.
Though, one issue to consider is how to synchronize and distribute information if your medical practice operates from multiple locations.
Your software may be performing as it should locally. Though, there may be a lag when it comes to updating information in real-time so that all locations have the same access.
Another concern is with information security. Your PMS should be able to protect private patient information. It should also be compliant with both state and federal laws regarding the handling of patient information.
The Right Medical Practice Management Software
Your PMS should be robust enough for your needs. It should also be easy to learn and use. Finally, it should come with ample customer support from the vendor.
As you review your houses, ask for demo versions to have some hands-on interactions with the system.
If you have any questions about medical offices software, please contact us.
Be sure to visit our Frequently Asked Questions page for more answers to your questions about Medical Practice Management Software.