Dermatology Billing & Coding Software
Billing and coding software for your dermatology practice to efficiently bill for the services you provide so you can focus on the things that matter most.
Billing and coding software for your dermatology practice to efficiently bill for the services you provide so you can focus on the things that matter most.
AdvancedMD billing and coding software is the tool your dermatology practice needs to accurately and efficiently bill for the services you provide. The software includes features to show the most common dermatology billing codes so your billing and coding team can quickly select the most relevant. It also allows you to search and sort through codes easily without scrolling through close to 140,000 ICD-10 codes.
Medical billing is time sensitive and sending out claims in a timely manner following each patient encounter can increase the total amount you collect from billed charges. AdvancedMD dermatology billing and coding software speeds up the process in several ways to keep your revenue cycle moving and ensure prompt payment.
AdvancedMD stores all the relevant patient and encounter information in a single database. Patient demographics, insurance information, and EHR/EMR information are all available instantly without uploading, downloading, or manual data entry. This reduces errors and allows a billing and coding team to quickly process claims.
Rejected or denied claims slow down payment. Your team has to go back and find the problem, correct it, and resubmit it to the payer within a specific timeframe or write it off as bad debt. The most common reasons for claim denial are simple errors that could be avoided. With AdvancedMD every claim runs through a clearinghouse prior to submission to flag common errors so your team can correct them and submit clean claims.
Check the status of any claim and get regular reporting to see where claims are in the process. Your administrative team can evaluate the speed with which dermatology claims are submitted, the first-pass resolution rate (FPRR), average payment time by payer, and other factors that help you spot bottlenecks or other issues and continually improve your billing process.
Today patients are responsible for about 30 percent of total national health expenditure, according to the Centers for Medicare and Medicaid Services (CMS). Practices can no longer rely on only collecting payments from insurance providers, you also need a robust patient billing and payment collection process.
After insurance claims go through, many patients still owe a balance for their visit. Additionally, with a growing number of patients who have high deductible health plans or no insurance (self-pay) it is essential that your dermatology practice has the right tools to collect payments.
During the electronic check-in process, AdvancedMD shows the patient what they will owe for the upcoming visit based on available information from their insurance coverage. This can include copays or an estimated total amount for the visit and the option to pay some or all of the balance prior to arriving for an appointment. Requesting payment at the time of the visit electronically improves the chance that you will be able to collect and reduces costs by eliminating statement printing and mailing costs.
Online payment options are convenient for you and for your patients. Making it easier to pay by offering options to pay online increases the amount your practice collects. Your patients expect convenience and ease to resolve outstanding bills, including simple online and mobile payment options. AdvancedMD makes it easy with eStatements sent out to patients via email and text message that include quick links to pay a balance online.
Send patients convenient billing reminders via text and email for all outstanding balances. You can set up automated reminders to go out for outstanding balances at regular intervals, for example a first reminder when the statement comes out and monthly reminders until it is paid in full. These billing reminders can also include links to pay online or set up payment plans based on your payment collection capabilities.
Keep a credit, debit, or flex spending account card number on file for patients to make it easy for them to pay co-pays and outstanding balances. At check-in the patient can select their preferred payment method and take care of payments with just a simple click.
AdvancedMD can provide printing and mailing services for patient balances each month. This reduces the staff time and burden of printing and mailing statements regularly and helps automate the collection process for outstanding balances.