The Importance of Effective Practice Management

Long gone are the days of the family doctor who knew everyone by name and cared for their health from birth to death. Today’s medical practices are far more complex and often only manage a small part of a patient’s healthcare. They may spend more time filing insurance claims and overseeing revenue cycle management than seeing patients. Practice management is more important than ever. 

There's good news: practice management software is here to help. It can streamline your everyday tasks to boost practice efficiency and patient satisfaction. Read on to learn how practice management software can benefit your medical practice, no matter how large or small.

Simpler Appointments

Appointment scheduling can be complex and difficult if done the old-fashioned way. Fortunately, practice management software makes it simpler. Medical practice management software helps you schedule appointments — in-person or online — and follow up as needed. It offers automated patient reminders to keep forgotten appointments from leading to no-shows. It will even keep your notes for each patient so you can review these records in preparation for appointments.

Clearer Billing

It’s no secret that medical billing is confusing to patients, but it can be just as complex for the provider. A robust practice management system will allow you to: 

• Check insurance eligibility with ease
• Submit claims with confidence
• Resolve any billing issues that may crop up
• Oversee revenue cycle management

Electronic Prescribing

Paper prescriptions are becoming a thing of the past. They’re inefficient, easy to tamper with, and open your practice up to all sorts of problems if a prescription pad goes missing. Electronic prescriptions are far more accurate and secure, and they’re easier for your patients as well. A good software solution makes this a snap, even checking for potential interactions for you.

Effective EHR

Electronic health records have transformed the healthcare industry, but it hasn’t always been easy. The wrong EHR solution can make your patients want to pull their hair out. The right partner can make healthcare records and patient access a breeze. 

Practice management software can provide easy-to-access electronic records for your patients. It can even offer patients the support they need to access records and get the most out of their healthcare experience.

Clearinghouse Access

Healthcare billing and insurance claims are typically handled through a clearinghouse. These electronic hubs allow practices to securely transmit claims to insurance carriers without exposing protected patient information. The clearinghouse is also responsible for checking claims for errors.

A clearinghouse is much more than a middleman — it provides an essential step in the claims processing procedure. Your practice management solution should include clearinghouse access and tools to help you submit claims through the electronic clearinghouse.

Practice Mate from Office Ally

If you want to simplify and streamline your medical practice, practice management software is certainly the way to go. Practice Mate from Office Ally is a fully-featured software that allows you to keep your office running smoothly and optimize your front and back office workflows. 

Practice Mate is a HIPAA-compliant free online solution that offers all the benefits and features you need successfully to run your practice. We can help with practices of all sizes and we offer free set-up and training too! 

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At Office Ally, we work with practices of all sizes, from single-provider offices to massive health plans and IPAs, and we can help your practice, too!