Medical Billing Software Info

Medisoft medical billing software releases new version 14 that includes great new features.

One of the best new features is the executive or administrative dashboard. This neat new feature gives you a "snapshot" of important details about your practice. For example, you can see how much money is in account receivables, how many claims are waiting to be billed, or how many appointments you have scheduled for today.

Another new feature is patient quick entry. This new feature in medisoft version 14 allows you to create a Template for various billing scenarios- these templates hold only the fields that you define for that template. For example you could create a template for "medicare" patients; workmen's comp patients; medicaid patients; Blue Cross Blue Shield; accident; and or UB04 patients. Then instead of going to the patient CHART and having to wade thru the different fields when entering info, you only fill in the fields that were defined when the template was created. This not only speeds up data entry tremendously, but also is great for new employees as they only fill in information that needed, and they don't have to wade thru all the tabs and fields in the patient case.

Another new feature is new fields for UB04 billing on paper.

Do you bill for surgery? Global days is a new feature that allows you to enter a procedure as a "global" charge and then if charges are posted within the coverage period, the charges automatically get reset to 0 (zero) billing amount.

We Listened! - Now Change The Patient Chart Number On Existing Patient Who Marry Or Change Their Name.
Users have been asking for this for a long time and now its here! Use PowerTools to change an existing patient chart number, or procedure code or insurance company. PowerTools is located in the program called MedUtils.

Do you own or work for a billing service? We'd like to know the top 3 to 5 concerns or grips you have about billing software. Please drop us a line or post here.

Medisoft medical billing software is releasing version 14 of its medical billing software.

As national dealers and as a member of the beta test team, we've had a "sneak peek" at the new version and received feedback from beta testers.

The two features most folks really like is the administrative dashboard that lets you keep track of Key Performance Indicators (KPI's). After you set the dashboard up to track some KPI's, you can filter the data quickly by changning date ranges, providers and other criteria.

The other popular feature is the Patient Quick Entry. This lets you setup specific fields of information you want for a particular type of patient (for example medicare patient; BCBS PPO; medicaid, medical, etc). Then when you enter the ifno needed for billing, you only fill out the fields of information specific to that type of patient, and the data entry in in columnar format, and you can specify "required" fields.

Just wait until you are able to see what time-saving features that are packed into this new version.

Version 14 of our Medisoft software is completely about helping you save time and increase the productivity in your office. The software is so customizable that it would seem as if the people who work in your office created it to fit the needs of everyone.

Medisoft's newest upgrade, Version 14, is designed to help you get more hours back in your day that you would normally use doing paper work and filing. The software can help you do this by simplifying management of patient paperwork and the data entry process that used to take hours.

By having better control of your patient billing process you are able to enhance your profitability and productivity because of Medisoft's many features were so carefully created.

The team at Medisoft got rid of some bottlenecks and added so many time saving features that they ended up skipping right past version 13 of Medisoft and went right to version 14.

If you are currently using the Medisoft program, you are probably happy with the product that you have now. However, with the new version you will be even happier because of how much better it has been designed.

The features that have been included in this new version of our medical billing software will help you be able to focus mainly on your business and gaining profits instead of worrying about your software.

For example, let's take a look at the new Dashboard feature. With the earlier versions of this software you had to run reports to get a look at you Key Performance Indicators (KPI's). KPI's measure your productivity and profitability. Having to run reports all the time can take too much time, and that is just something that you do not have a lot of.

You are still able to run these reports in Medisoft version 14, but with the new dashboard feature you can take "snapshots" of your business in real time without having to wait for a report to run.

The power of the dashboard is within the simplistic configuration settings that you can use that will help you determine what you will see on your dashboard.

Not only can you view your KPI's on your dashboard you can also view things like who is logged into the system and from where they are logged on. In addition, you can view graphs that let you see what kinds of trends are going on, for example: appointment trends.

You may even make use of the alerts that can tell you things like when Accounts Receivable move out of the acceptable range. The set up is very easy as well because it is wizard driven.

Keeping an eye on your business, on a practice-by-practice basis, has never been easier. Here's what the Dashboard shows you at a glance:

Trending Graphs

Financial Warnings

Dollars in Collections

Canceled Appointments

Logged in Users

Totals

You can also save time on data entry with the new Patient Quick Entry feature. This screen will enable you to make case screens and customized patient demographic, this way you only have to enter the data you use.

In all actuality you can make different templates to suit all of the data entry forms that you use the most, for example: the Cash Only form that bypasses all of the insurance information fields or the Medicare Only form that will capture all of the field required for Medicare patients. You will also be able to save time by not having to navigate through all of those tabs and switching between the patient and case screens.

The Little Things Mean A Lot

There are many things that can be annoying and can waste too much of your staff's precious time. Things like trying to find patient information after the patients name has changed. With the new features it is easy to have a new chart number assigned that will correspond with the person's new name.

Medisoft now also has the ability to perform time consuming tasks while no one is on the clock which is even more of a time saver and just another way the software helps you increase productivity in your office.

The Task Scheduler is a handy new tool that lets you do time consuming tasks like routine file maintenance and calculating patient balances when you want them done. For example: you can have these tasks set to run sometime after business hours so that no one's time is wasted.

The Task Scheduler is also able to update the Patient Reminder Balance field completely automatically. If a practice is using Office Hours, patients with overdue balances can be reminded or payments can be asked for when they check-in. This field can also be added if the physician has an appointment list printed off.

Losing all of your data can eat up a lot of time as well, this new version of Medisoft gives you a Backup Reminder each time you log out of the system.

Another little enhancement that saves so much time is the View Transactions button which opens a Read-Only Transaction Entry window with the same account from the Deposit List. In earlier versions of the Medisoft program, opening the Apply Payment to Charges window in Deposit Entry locked out any other program features. Now your staff can multi-task so there is no time wasted when waiting for files to become available again.

Here Are More Money and Time Saving Attributes That Are Included In The New Medisoft medical billing software...

At the beginning of the article I stated:

"Version 14 of our medical billing software is all about saving time and increasing your office productivity. It's so customizable that you'll think your own staff created this new release just for you."

Listed below are some prime examples of what I mean by the above statement.

ERA Date Enhancments

In the previous versions of the Medisoft program, there were only two payment date options available, they were the date on the ERA file and the date in the system when the ERA file was published. With the new Version 14 of Medisoft you can specify the date that you want payment on with the Prompt for Date option. When you select this option you will be able to enter the date that you would like to appear on the payments.

If you are one who has be hesitant about sending in Electronic Statements because of the extra time it takes to do so you are in luck. The new version will make it very easy and you will not have anymore excuses not to be using this feature.

The good thing about using electronic statements is that they seem to get paid off quicker than if you sent out paper statements and think of all the paper you would be saving. Unfortunately, because of the lack of time everyone in the office has, statements are the one thing that gets put off most of the time. With electronic statements this is no longer a problem, your staff will no longer have to spend all that time folding, stuffing, licking and stamping envelopes for the statements to get to the clients.

Saving time is not the only interest of the Medisoft team. Using Medisoft version 14 will ensure that your money is being taken better care of.

Medisoft Medical Billing Software Version 14 Keeps Your Cash Flow Flowing

Statement Management

Add the Days Old field to the Statement Management grid and instantly see real-time statement aging. You will be completely amazed when you find out how ancient some of your statements are. There are many offices that have found statements that have gone past the 1,000 day mark.

Statement Customization

Save Time And Resources On "No Pays"

Unfortunately there are many patients that do not pay and if they have not paid the amount due after the second statement, chances are that you will be adding them to the collections cycle.

To Setup Practice Information--
Go to the File menu and select Practice Information to open the Practice Information window.

The window has two tabs and each is divided into three sections.

Practice Tab
Unless noted below, enter the information as requested. Note that special characters cannot be used in these fields (such as a slash).

Zip Code: When entering an address, the tab stop moves to the Zip Code field after the Street field. If you enter a zip code that has already been entered, the city and state information automatically populates. If the zip code has not been entered, enter the city and state in their respective fields. This information is then saved to the database and available the next time the zip code is entered.

After entering a Zip Code and auto populating the City and State fields, if you then go back to the Zip Code field and change the value entered without first saving it, the system will not change the City and State value previously entered, producing an inaccurate record. Use care when changing an auto populated City and State field without first saving the initial entry.

Type: Click the down arrow to select your practice type: Medical, Chiropractic, and Anesthesia. When you choose Chiropractic or Anesthesia, other areas in the program change accordingly. Medical is the default practice type and does not add any additional fields.

Chiropractic

When you select Chiropractic, the Level of Subluxation field appears in the Diagnosis tab of the Case window for entering the level of subluxation. See Case (Diagnosis) .

In addition, five treatment fields are displayed in the Miscellaneous tab of the Case window electronic claims: Treatment Months/Years, No. Treatments-Month, Nature of Condition, Date of Manifestation, and Complication Ind.. See Case (Miscellaneous) .

Anesthesia Selecting Anesthesia causes the field Minutes to be added next to the Units field in the Transaction Entry window.

Extra 1 and Extra 2: These are option fields that may be used if a carrier requires extra data on a claim. They can hold up to 30 characters.

Entity Type: The Entity Type field is used to identify whether the entity is a Person or a Non-person. Choose Person or Non-Person depending on whether the practice name consists of a practice name or an individual's name. For example, if the practice name is Best Western Clinic, you would choose Non-Person. However, if the practice name is Dr. I. M. Best, you would choose Person.

Billing Service Tab
This tab is nearly identical to the Practice tab. It is provided for those occasions when both practice and billing service information is needed. Fields in the Billing Service tab are used for sending electronic claims in the ANSI format. This tab also makes billing service information available in reports (designed through the Report Designer).

Multiple Practices
You can set up more than one practice in Medisoft, each with its own Practice Information window. With separate practices, you have separate data files, i.e., patient information, procedure codes, diagnosis codes, insurance companies, providers, etc. The bottom line is that you can have one set of the Medisoft program files from which you can access different sets of data files.

When you enter Medisoft, the program selects the same database that was last in use when the program was shut down.

For more info on medisoft patient accounting software please visit http://www.medicalbillingsoftware.com