How Physical Therapy Billing Software Can Save Your Clinic Time And Improve Record Keeping Accuracy
Both clinicians and administrative staff benefit immensely when a physiotherapy clinic implements physical therapy billing software. Here are some of the main reasons why PT billing software is an important part of running an efficient clinic.
If you are wondering what specifically this type of software can do for your clinic to help it run more efficiently, read on.
Streamlined Systems Make Billing Fast and Easy
Accounting software makes the process of accepting and tracking payments much quicker and easier than using a manual billing system. Entering payment information is simple, and can either be automated as soon as a physiotherapist updates her physical therapy documentation for the patient, or entered manually when a patient arrives at her appointment. As soon as the treatment fee is entered, the entire patient record is updated to reflect the new information, and the patient's invoice and receipt can immediately be printed for their medical record.
How PT Billing Software Reduces Errors
Most accounting systems operate with an integrated database that connects general patient information (medical and treatment history) with a patient's visits. This integrated system with checking tools effectively minimizes errors, catching inconsistencies automatically if data is incorrectly entered in the system. If an incorrect value is entered, a prompt pops up on the screen to notify the user of an inconsistency. Corrections are easy to apply and report summaries are immediately accessible to review the newly updated information in a variety of summary formats.
Automated Systems Make Submitting Insurance Claims Simple
One of the most appreciated features of PT billing software is its simplification of the insurance claim process. Insurance documentation, once entered in the system, can be viewed and printed in different formats, depending on the requirements of the insurance provider. Moreover, claims can be submitted electronically directly from the physiotherapy clinic the same day as treatment, or printed and mailed to the insurance provider.
The best benefit of all: the likelihood of an insurance company accepting a claim on first submission is significantly higher. This is because documentation can be customized to suit the needs of the provider, and the company receives the exact information it needs from the physiotherapy office to process the claim every time. The time savings alone is well worth the cost of investment in a billing system, long term, and will drastically improve morale for admin staff who dread adjusting claims repeatedly for re-submission.
When a clinic invests in PT billing software, there is an overall reduction in paperwork. This alone is a huge time saver, improving efficiency and reducing errors. When medical professionals have less paperwork to deal with -- think untranslatable handwritten notes in patient charts -- and administrative staffers have less paper to sort, organize, and file, the entire billing process becomes cleaner, simpler, and more manageable. More accurate physical therapy documentation, provided by physical therapy billing software solutions, results in an inevitable benefit and positive result.
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ABOUT THE AUTHOR
Hands On Technology is a leading a provider of customizable physical therapy billing software. If you'd like to learn more about how implementing PT billing software can improve efficiency in your clinic, and reduce errors in your physical therapy documentation, contact us today!