Medical Billing Software Review 2012

#1 Quicken Medical Expense Manager 2012 - Billing Software

Review date: 01.11.2012

Description:

As more people track their medical expenses electronically, Quicken Medical Expense Manager enables to organize your medical history on your PC. In addition, this standalone product allows you to view expenses and reminders in a calendar view. However, it does not integrate with Quicken Personal Finance Software or TurboTax.

Screenshots

Price:

$49.99

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Advanced Features:

Designed to track medical expenses
Results are accurate
HIPAA compliant
Recording tool
Extremely easy to set up and use
Works for any type of insurance
Web-based product

Review:

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Best of all, the software allows you to show instantly when you've met your deductibles by individual and family.

Allows you to check if your expenses are tax deductable. The software interface is user-friendly.
Offers a quick snapshot of exactly what and whom you owe.
Enables you to fix overcharges and billing errors. Printable medical histories.
Manages installment payments.
Online support is available via Intuit's website.
Not available for the Macintosh platform.
Allows home users to input medical information.

However, this medical billing software should not be confused with an Electronic Medical Record. And it does not allow for export of data. Please note that administrator rights are required to install or upgrade Quicken Medical Expense Manager.

System Requirements:
Latest version: 2.1.2.10
Computer: IBM or Compatible Pentium 200
Memory: 1 GB RAM recommended
Hard Disk Space: 200 MB
Printer: Any printer supported by Windows 2000/XP/Vista

#2 DAQbilling

Review date: 01.10.2012

Description:

Healthcare billers are challenged by frequent change. This is why, this medical billing software allows the user to define custom superbills on a provider-by- provider basis. For example, DAQbilling allows the user to maintain one or more active deposit slips and post an EOB.

Screenshots

Price:

Free Demo

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Advanced Features:

Appointment scheduling
Incorporates scheduling and billing options
Web-based platform
HIPAA compliant
User friendly interface
No servers needed
No cost for future upgrades
Managing patient information

Review:

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Best of all, it can operate online so that you keep on top of your company activities while you’re away.

The primary market is internal medicine and general practices.
An advanced internet-based application service provider.
Claims are automatically reviewed and checked for accuracy and completeness.
Increase productivity by eliminating paper claims and statements.
Enhances productivity and save valuable time.
Creating claims, adding new patients and insurances is easy and fast.
Reduce expenses with low acquisition costs.
Helps you stay on top of your accounts receivable.
Gives you the flexibility to access your records.
Eases the process of generating insurance claims.

Overall, DAQbilling has low start-up costs, free technical support and free upgrades. So, you can maximize your time with a health care billing system that has become easier to use.

#3 Waiting Room Solutions

Review date: 01.11.2012

Description:

Waiting Room Solutions has a A/R collection module. Moreover, charges are automatically captured,entered for claim submission without the need for dual entry by your staff.

Screenshots

Price:

From $420 per month

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Advanced Features:

Easy to work
Codes for every discipline
Comprehensive control costs solution
Capture lost charges
Automated eligibility checking
Web-based software
No third-party interfaces or fees
Increased collections
Automated ERA payment entry
Scrubbed clean claims

Review:

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One of the best way to increase profits by using medical billing software, so that you can make quick decisions when necessary: use Web-based medical office billing software.

Enables you to chart encounter notes and retrieve them.
Provided through a Software as a Service (SaaS) platform.
Full compliance with both HIPAA requirement and CCHIT certification.
Save time-stamped notations about patients, billing issues.
Any changes made to the patients accounts are saved and viewable by all.
Eliminates the need for extensive paper trails.
Timely reports and claim status information and decreased turnaround time for claim payment.
EOB (Explanation of Benefits): will be recorded by the system.
Easily accessible encounter, patient information to handle any required edits.
The billing system would check all claims daily.

The goal of any successful medical billing process is the accurate submission of insurance claims to obtain payment. When you choose healthcare billing software companies, make sure their systems can be integrated with other purchasing programs and your staff use the application before you buy into a large program that will affect their productivity.

#4 TheraManager

Review date: 01.02.2012

Description:

Designed for different corporate structures, clinical specialties, billing methods and users’ specific needs. Ability to scan up to 40 or 50 pages directly into the software. Besides, split payments eg. between parent and child are also easily accomodated.

Screenshots

Price:

$69.95

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Main Features:

Clinical and financial integration
Meets the requirements of HIPAA
All payments can be reviewed
Runs on Windows on a PC or a Mac
Cost accounting reports
Free demo. Patient statements
Multiple reports to track payments
Change a patient's provider at any time

Review:

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Patient payments can be entered as a lump sum.
A restore capability of the backed up database is also included.
Patient bills are displayed as line item records by patient with outstanding balances.
Has enhanced many areas of their medical billing software: electronic patient statements.
Can act as a self-pay program that prints bills.
Patient payments are easily entered.
Designed to eliminate as many time consuming tasks as possible.
Multiple windows can be open simultaneously.
Additional features can be included via customized programming.
Detailed Payroll History Reports.

Overall, TheraManager medical billing software allows you to create EDI claim remittance notices based on carrier. You may also establish criteria for recurring claim processing.

#5 MedicsElite

Review date: 01.10.2012

Description:

This web-based medical billing software package offers many options that they can support small doctor offices to larger practices. Answers to any question about a patient’s billing, payments, are easily found and enables prompt determination and resolution. On-site hardware support is also available.

Price:

Free Demo

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HIPAA compliant, includes real-time relational SQL database and electronic claims status inquiry.

Main Features:

Sorting and scheduling options
Comprehensive EDI capabilities
Customized billing cycles
Insurance plan billing order
Separate office and surgical schedules
EMR, EHR and Charting interfaces
Free trial
Insurance eligibility verification

Review:

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Available with hundreds of interfaces for data-sharing with hospital systems such as IDX, SMS.

Automatic confirmation of the patient's insurance status.
Offers fully-customizable control of the flow of patients. Appointment scheduler available.
Eliminate the need for paper forms, HCFA and other forms.
Reports may be sorted/filtered by any combination of A/R class and are fully customizable.
Developed with object-oriented C++ code.
Unlimited document and image storage.
No programming or add-on report generators required.
New task requests can be handled seamlessly as they come up.

In a nutshell, with complete and immediate access to patient records, providers are able to provide better, faster, more personlized care. Offers electronic reconciliation for automatic posting of payments. Moreover, patients are able to complete forms online with data flowing into their MedicsPremier record.

#6 Brickell Medical Office

Review date: 01.08.2012

Description:

This web-based medical billing software offers many services to providers and billing services to give them a complete practice management software. Designed for billing companies to synchronize a master set of specific code tables across multiple databases. Patient records stored in patient demographics.

Price:

Free demo

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Software Summary:

Some medical billing services and providers go with the cheapest medical software. You get what you pay for.

Main Features:

Electronic claim
HIPAA compliant. Practice analysis
In depth reporting options
HL7 Interface. Collections module
Supports CMS-1500 claim forms
No fees per additional databases or providers
UB-04 Outpatient Billing
Generate patient statements periodically

Review:

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Best of all, the software provides electronic medical billing which speeds up any practice's or billing service's payments when claims also go out electronically.

Provides full medical management functions.
Send claims electronically to Medicare, Medicaid.
Line item accounting. Handles accounts for multiple offices.
Track collection activity and streamline the collections process.

Please note that the price of Brickell Medical Office is fixed and varies only by the number user licenses and optional modules.