A health care provider’s main priority is to offer the best care to their patients. Medical billing procedures have become complicated over time and clinicians may not have the time to follow up or appealing denied claims. Medical billing software solutions have provided a robust way to streamline financial processes from claims scrubbing to submitting payments to insurance companies. By automating invoicing, payments, and collections healthcare systems can meet their financial goals and get paid faster. Your Billing Services EMR Software must integrate seamlessly with your EHR software system.

In this article, we have shortlisted the top 5 medical software companies of this year. A total of 20 software companies were researched based on user reviews, functionality, ease of use, and customer support, and then the best five were selected. The best medical billing software companies increase the collection rate, code claims accurately, and verifies patients’ insurance coverage.

The 5 Best Medical Billing Software Solutions

  1. AdvancedMD EHR Software – AdvancedMD EHR Software offers powerful medical billing software solution to its users for years. It recently updated its solution that is perfect for all practice set-up sizes. The unified solution offers tools of claims management, automatic updates, and a patient portal platform. Users have noticed the using the billing solutions have helped them to meet their financial goals and helps with the issue of denied claims. The software vendor vouches for a 95% first-pass success rate of claims so your practice gets paid faster.
  2. Kareo Clinical EMR Software – The integrated IT suite of solutions offered by Kareo Clinical EMR Software enables clinicians to focus on the patient. The billing services and Practice Management (PM) software solutions are combined which offers complete functionalities of scheduling, patient reminders, claims processing, tracking tools, and charting.
  3. ChartLogic EHR Suite – ChartLogic EHR Suite handles your end-to-end medical billing to help providers increase their collections and reduce any billing errors. It includes the features of claims processing, claims scrubbing, and insurance verification to check patient insurance eligibility before their appointment. The company also provides customized reports that help to track your financial performance. It has certified coders who provide complete financial solutions to meet your financial objectives and enhance your performance.
  4. athenahealth EMR Software – athenaCollector EMR Software a part of athenahealth EMR Software provides an opportunity for hospitals to outsource their billing procedures which helps them to get paid faster than before. AthenaCollector has the powerful features of revenue cycle dashboards, real-time performance reports, claims management, and integrated health insurance verification checks. The software system uses a rules engine to scrub your claims and professional coders review claims to reduce the issue of denied claims. The billing services seamlessly coordinate with in-house billing and helps to improve approval rates.
  5. CareCloud EHR Software – CareCloud EHR Software fulfills all your financial needs by automating billing processes. The user-friendly and intuitive interface is loved by the users. The billing package can be customized according to personal needs. The robust features include, real-time claim tracking, claims processing, claims scrubbing, patient statements, automatic patient insurance verification.

Moving Forward

The above medical billing software vendors provide a HIPAA compliant platform to meet the financial goals of hospitals and clinics. By automating tedious invoicing and payment collections providers can be sure of a steady revenue stream and also track their financial progress with the advanced reporting tools which provide valuable insights. It’s a win-win situation to go for billing software solutions to overcome all financial challenges.