Top 5 Medical Billing Software Review 2018

Medical billing is one of the most important processes in the healthcare industry since it deals with submitting and following up on claims with the insurance companies so that the healthcare provider can receive payment for the services that were rendered. Using medical billing software is the most common way of translating a healthcare service into a billing claim.

In order to receive payments for the healthcare services provided a patient statement must be created along with a submission of claims. Medical billing software functions should include electronic claim submission, payment posting and reporting along with coding and eligibility inquiries. Below are some of the best medical billing softwares on the market today that have a proven track record of improving medical billing efficiency for all types of medical practices.

Top 5 Medical Billing Software Review 2018

1. NueMD. This cloud-based medical billing software can support practices of any size. Features include practice management, EHR, medical billing and appoint scheduling solutions. There is no maximum number to how many claims can be submitted through their HIPAA-compliant claims clearinghouse. This simple to setup and use software has one-click paper claims along with hassle free credit card processing features. In addition to top grade medical billing services NueMD also offers EHR with e-prescribing, charting and laboratory report tracking with their clinical workflow. The monthly subscription to this software gives clients an unlimited number of users that can be spread out across an unlimited number of locations. Customer support service for this software is unmatched with their instant messaging system that provides timely technical support around the clock.
2. Kareo. Originally engineered as a billing software in 2004 but now has expanded into providing medical billing services and electronic health records (EHR). There is estimated to be over 40,000 providers that are using Kareo for their medical billing which was given a rating of 4 stars out of 5. Customers are especially satisfied with the softwares usability, interactivity and intuitiveness.
3. CollaborateMD. A stand-alone medical billing software that can be used in conjunction with other electronic health record software like AmazingCharts, Praxis, HelloHealth along with about 20 more that it is compatible with. There are a number of pros and cons of using this type of fragmented stand-alone software compared to just using the all-in-one type systems. Learn more about the differences here.
4. PracticeSuite. This ia cloud-based medical billing software that also offers complete EHR solutions. Using cloud technology gives clients the ability to securely access patients data from anywhere and on any mobile device. It is reported that the software includes 61 EHR software and 150 medical billing specialties which make it one of the most comprehensive and pragmatic medical billing systems.
5. DrChrono. A top of the line EHR provider with an integrated platform that includes advanced features like the ability to customize health records, practice management, revenue cycle or medical billing at the practice level. All of these additional options do not come without a price though since DrChrono is one of the most expensive medical billing software on the market. The medical billing software is only offered in conjuction of the EHR system so customers only looking for a medical billing service should look at other options.

When getting started using medical billing software for the first time or when switching between softwares it can be extremely time consuming to get setup. OutsourcedMedical has a service available that will get your company setup on the medical billing software of your choice or straight up just handle all of your medical billing needs.

Please leave comments on what you feel is the best or worst medical billing software in the market: