Saturday, November 1, 2008

Practice management software by Medisoft

Posted by loi

Medisoft version 14 is a powerful feature-rich upgrade designed to give you back more hours in the day by simplifying the patient paperwork management and data entry process.

Every new feature in Medisoft Version 14 was carefully created to enhance productivity and profitability by giving you better control over the patient billing process.

The Medisoft team eliminated some bottlenecks and added so many time and cost-saving features that they skipped right past version 13 and went straight to 14.

If you think that Medisoft is doing a good job for you right now, version 14 is going to make you change your mind.

Practice management software version 14 includes features that allow you to focus on running your business and not on running software.

Take the new Dashboard feature for example. In previous versions, you had to run reports to view Key Performance Indicators (KPI's) that measure productivity and profitability. Running reports takes time and time is at a premium during working hours.

Those reports still exist in version 14, but the Dashboard let's you take a real-time snapshot of your business at any time without waiting for reports to run.

The power of the Dashboard lies in the simple configuration settings that you choose to determine what you want to see and when you want to see it.

In addition to viewing your KPI's, the Dashboard shows you who is logged in and from where. You can also view trending graphs, such as Appointment Trends, that are new to this release. You can even set user-defined warnings that notify you automatically when selected KPIs, such as Accounts Receivables, move out of an acceptable range. It's all "Wizard-driven" so setup is quick and easy.

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
* Cancelled Appointments
* Logged in Users
* Totals
* And more

Customizable Templates Save Even More Time

You'll save time on data entry as well. The new Patient Quick Entry screen enables you to create customized patient demographic and case screens so you only have to enter data into the fields that you actually use.

In fact, you can create different templates for all of your most common data entry forms such as a "Cash Only" patient record that bypasses insurance-related fields, or a "Medicare patients" data record that captures all of the required Medicare-related information. You can create default entries for selected fields and make sure that required fields are filled in. You can even set up UB04 templates.

You'll also save plenty of time by not having to switch back and forth between patient and case screens and making your way through all those tabs!

Little Things Mean A Lot

Annoying tasks like looking up patients whose last name has changed can waste hours of your staff's time, not to mention all the frustration. That's why this new version includes a handy tool for automatically replacing all of a selected patient chart number with a new chart number that matches the changed name, all in just a couple of clicks.

And the ability to perform time-consuming tasks when no one is on the time clock is another way that Medisoft increases productivity and saves you money at the same time.

That's what the Task Scheduler is all about. This handy function lets you run routine file maintenance like rebuilding indices and packing data, as well as calculating patient balances, on a timetable of your choosing such as after normal business hours.
The Task Scheduler can also update the Patient Reminder Balance field automatically. If a practice is using Office Hours, patients with outstanding balances can be reminded or requested to make a payment when they check-in. If an Appointment List is printed for the practitioner, this field can also be included if desired.

And because losing all of your data can eat up a lot of time as well, this new version gives you a Backup Reminder every time you log off 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 previous versions, opening the Apply Payment to Charges window in Deposit Entry locked out all other program features. Now your staff can multi-task and not waste valuable time waiting for files to become unlocked.

Here Are Some More Time and Money-Saving Features in medisoft practice management software...

Up at the top of this page I wrote:

"Version 14 of Medisoft™ 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."

Here are some examples of what I meant...
ERA Date Enhancements

In earlier versions of Medisoft practice management software, the only two payment date options available in the ERA program was the date on the ERA file and the system date when the ERA file was posted. Version 14 includes a Prompt for Date option which allows you to specify the payment date. Select this option and whenever you post payments you will be prompted to enter the date you want to appear on the payments.

And if you've been putting off sending Electronic Statements because of all the time and attention it takes, this new version makes it so easy that you'll no longer have any excuses. Electronic statements tend to get paid faster because their professional appearance gets them noticed. Statements are one of those things that tend to get "postponed" in alot of offices because of lack of time, and then the cash flow suffers, but no more. Now with Electronic Statements your bills get sent and your staff doesn't have to spend all that aggravating time folding, stuffing, licking and stamping envelopes! And the cost is not much more than the price of stationery and stamps.
But it's not all about saving time...

...Medisoft version 14 takes care of your money better too.

Medisoft practice management 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'll be shocked to discover how old some of your statements are. Many practices find that they have at least one statement that exceeds 1,000 days old!

Statement Customization

Save Time And Resources On "No Pays"

If a patient doesn't pay by the second statement, the chances are you will be putting that patient into a collections cycle. You can customize Medisoft to stop sending statements after any user-defined number so you don't waste paper, postage and time.

Run Your Own Collection Letter Series

Version 14's Collection List replaces the previous Work List. The Collections List can examine statements utilizing a variety of methods and trigger internal collection efforts when user-defined parameters are met.

But don't worry about how you'll be perceived by your patients. The Collection Letters are customizable so you can give them the exact tone that you prefer. The program tracks the date that the patient went into collections and you can use this date to trigger the intensity of each successive collection letter.

And because the collection routine automatically flags patient’s accounts, the practice staff will know when a patient is in collection before scheduling an appointment or rendering service.
Write-off Small Balances

If you are in the habit of leaving small unpaid balances on the books, you're simply inflating the value of your A/R without any hope of ever seeing that money come in. Version 14 gives you the ability to write balances off that fall below an amount you specify.

Full-featured UB-04 Support

Version 14 includes the ability to print paper UB-04 insurance forms, including a format that prints with the form. Additionally, this version includes a UBFILE.EXE file that allows print image creation similar to the HCFAFILE.EXE and CMSFILE.EXE files.

Global Days/Global Surgery Support

Medisoft practice management software Version 14 also gives you an easy way to bill for all necessary services normally furnished by a practitioner before, during and after the procedure. Plus, there's the ability to enter additional charges that do not fall under the Global billing umbrella.

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