In the world of medicine, doctors and caregivers are given due importance and the importance that one shows towards them can never be enough. But a hospital or a medical practice can function seamlessly only when its backend staff is at its feet for every single aspect. They are the ones responsible for utilizing machines and their energies to ensure every medical code is up to date, the billing procedures are seamless and patients are being reimbursed without any hassles.
More than often, billing has been seen as a frustrating set of procedures in the entirety of the clinical experience. However, despite its tedious and time-consuming nature, billing forms one of the most pivotal parts of a cog that helps medical practices function every single day. It takes care of the financial health of institutions. This includes navigating through complicated insurance policy guidelines, churning data to understand discrepancies, finding out the best practices for the collection and other initiatives. Aiding the administrative staff in tackling this cumbersome set of processes is a medical billing software/solution. A medical billing or solution is introduced to take the weight of billing procedures of the administrative staff, and subsequently increasing effectiveness and efficiency in the billing process. A top medical billing software does exactly that. Top medical billing softwares in the market are known to enhance the patient experience, prevent human errors, and provide institutions with a streamlined interface to manage all the expenses. A top medical billing software effectively manages all the payments while alerting and managing aspects that need special attention. They are also capable of being integrated with billing solutions to simplify the billing process and invoice tracking.
While there are numerous top medical billing software(s), here are the 5 features every medical billing solution must have:
- Eligibility verification
- Electronic superbill
- Payment reminders
- Electronic remittance
- Claim processing
Now that we know what a top medical billing software is, let us look at the 10 best medical billing software(s) that are available in the market:
1. EpicCare
EpicCare is one of the top medical billing software(s) that is catered to meet the demanding needs of large healthcare systems and hospitals. EpicCare medical billing solution provides practices with modules that have dashboards that bring together financial metrics with clinical data through various customizable templates. Being one of the top medical billing software(s) out in the market, EpicCare comes with e-prescribing features coupled with a dedicated patient portal, along with telemedicine options that ensure doctors can interact with their patients.
Key Features
EpicCare comes with numerous features that include:
- Patient Engagement
- HIPAA Compliant
- Population Health
- Community Connect
- Care At A Distance
- Predictive Analysis
- Decision Support Tools
- Order Management
- Intuitive Filtering Tools
- Financial Module
Pricing
To find out more about EpicCare’s plans, one must contact the provider directly.
Free trial
EpicCare EMR does not offer a free trial or a free version.
Reviews Unplugged
Pros
- EpicCare is extremely versatile and comes with numerous useful functions.
- The software is easy to use and almost every aspect is self-explanatory.
- The aesthetics and the ability to personalize it are extremely helpful.
Cons
- The customer support of EpicCare is not very receptive.
- Some processes are long and cumbersome and could be complex for someone who is not familiar with the technology.
- The customizability options are not consistent across different use sets.
2. NueMD
NueMD is one of the top medical billing software(s) that fits the needs of practices of all sizes. It is an integrated medical billing solution that combines the best features of appointment scheduling and electronic health recording. The software also has credit card processing, one-click paper claims, e-prescribing, fax management, lab report tracking among its long list of features.
Key Features
Speaking of the long list of features, here are the features of NueMD:
- Patient Scheduling
- Appointment Reminder Calls or Texts
- Insurance Eligibility Verification
- Patient Records
- Scan Insurance Cards & IDs
- Track Patient Flow (Arrival, Check-In, Visit, Departure)
- Track Co-Pays, No-Shows, and Cancellations
- Electronic Chart Management
- Medical Billing
- Claims Processing
- Claim Scrubbing
- Batch Claims Submission
- Electronic Remittance Advice (ERA)
- Electronic Statements
- Explanation of Benefits (EOB)
- Collections Management
- Inventory Management
- Reports & Analysis
Pricing
The pricing plans for NueMD start at $99 per month, per user.
Free trial
NueMD does not offer a free trial or a free version of their software.
Reviews Unplugged
Pros
- The software is standardized and easy to use.
- The software is user friendly with tutorials available for almost everything.
- The ease of setup and integration of the software is very useful.
- The application is a breeze to learn and to teach new staff.
Cons
- The support is very erratic. Some days they are on their best, and other times, they are bad.
- The software still has numerous glitches, where it freezes for a certain period of time.
- Some of the reports that the software generates is confusing.
3. AthenaCollector
AthenaCollector truly holds its place when it comes to the top medical billing software(s). It provides numerous services across medical billing, revenue cycle management, care coordination, patient engagement, and other applications. With a network of more than 160,000 providers, the medical billing solution can use various tools to provide custom benchmarking, trend analysis among others.
Key Features
The key features of AthenaCollector, one of the top medical billing softwares include:
- Practice Management
- Payment Processing
- Claims Management
- Code & Charge Entry
- Patient Eligibility Checks
- Remittance Advice
- Invoice history
- Dunning Management
- Quotes/Estimates
- Compliance Tracking
Pricing
To find out about the pricing options, one must contact the provider directly.
Free trial
To find out about the availability of a free trial, one must contact the provider directly.
Reviews Unplugged
Pros
- The user interface of the application is very friendly and easy to use making it one of the top medical billing softwares.
- The claims scrubbing feature is extremely efficient on the application.
- The application offers support with MIPS along with reporting capabilities.
- The patient portal is also nice and easy to use.
Cons
- The add-on software sometimes doesn’t function properly.
- The software is not designed for small practices.
- The software is constantly improving, but it still has a long way to go.
4. Kareo Billing
Kareo Billing provides a medical billing solution that is widely used across the United States. Being one of the top medical billing software(s) in the market, Kareo Billing can confirm insurance, manage delinquent accounts, schedule patients, store patient documents, and much more. Designed for small and medium-sized practices too, Kareo Billing is also ICD-10 compliant.
Key Features
The features of Kareo Billing include:
- Schedule/Calendar
- Charge Capture
- Claims Tracking
- Billing Analytics
- Billing Tasks
- Agenda Overview
- Rules Engine
Pricing
Kareo billing has plans starting from $160 per month.
Free trial
Kareo Billing does not offer a free version or a free trial.
Reviews Unplugged
Pros
- The dashboard of Kareo is great and offers functionality in spades.
- The application on iOS is very efficient.
- The software is easy to use and intuitive on every front making it one of the top medical billing softwares chosen by many.
Cons
- The support is limited to certain functionalities of the application.
- Kareo offshores their support and that causes difficulty in explaining the precise problem.
- The voice reminder feature is not particularly useful.
5. DrChrono
DrChrono is one of the top medical billing software(s) that allows healthcare providers and medical practices to manage patient care, patient intake, billing, and revenue cycle management. The software also provides e-prescribing, customizable forms, and various other tools. Through fully customizable form templates, medical professionals can track their patient information. This can also be used electronically through an iPhone or an iPad apart from using it on the internet.
Key Features
DrChrono comes with numerous features that include the likes of:
- Billing Statement generation
- Electronic Remittance Advice
- Billing Profiles
- Integrated Billing
- Customize Content forms
- Role-Based Usage
- Direct Messaging to Physicians
- Chart Tools
- Reminders
- ROI Analysis
- Profitability Analysis
- Reimbursement Management
- Reporting
- Analytics
Pricing
To find out about the pricing options, one must contact the provider directly.
Free trial
DrChrono does offer a free trial.
Reviews Unplugged
Pros
- The software is constantly improving to meet the growing demands of healthcare institutions.
- The software can be seamlessly integrated with different mac devices.
- New users are provided with informative and easy to understand tutorial videos.
- DrChrono is a comprehensive integrated system that allows for holistic and efficient patient care. This makes it one of the most loved top medical billing softwares.
Cons
- The price for the software keeps rising every year.
- The customer service is not particularly responsive.
- Signing notes is almost impossible on the application, as it always leads to an error.
6. PracticeFusion
A cloud-based electronic health record management system, PracticeFusion connects patients and physicians with all the data on the same unified platform. This ensures better healthcare access to all the patients, and for doctors the opportunity to offer elevated care. Being a top medical billing software, PracticeFusion also helps in streamlining various workflows, ensuring seamless connectivity and delivery of services across all the parties.
Key Features
The features of PracticeFusion include:
- Appointment management
- Flexible billing
- Patient portal
- Appointment scheduling
- Interactive report
- Collect billing information
- Appointment reminders
- Recurring appointments management
- Instant patients referrals
- Interactive reporting
- User access control
- Task and Workflow management
- Data import from 3rd party applications
- Role-based security
Pricing
PracticeFusion has various plans starting from $99 per month, per user.
Free trial
PracticeFusion does offer a free trial.
Reviews Unplugged
Pros
- The software is extremely easy to navigate, making it easy to get a hang of.
- The software with its use functions is perfect for small practices.
- The support is very responsive and friendly in answering every query.
Cons
- The software lacks the latest set of features.
- There is no option to customize the interface for a specific set of requirements.
- The software still has glitches across functionalities.
7. Pharmiz
Pharmiz is another top medical billing software that is designed to ease the worflow of medical shop personnel. Known as a pharmacy accounting software extensively, Pharmiz performs inventory control, invoicing, accounting, vendor, and client management with ease.
Key Features
Pharmiz has numerous features that include the likes of:
- Appointment Management
- Practice Management
- Patient Information Management
- Billing System
- Payment Processing
- IVR / Voice Recognition
- Patient Record Management
- Billing Management
- Claims Management
- HIPAA Compliance
- Billing Estimates
- Claim Scrubbing
- Patient Payment History
Pricing
To find out about the pricing options, one must contact the provider directly.
Free trial
To find out more about Pharmiz’s free trial, one must contact the provider directly.
Reviews Unplugged
Pros
- It generates useful reports that helps in strategic business decision making.
- It ensures that there are no more headaches in maintaining stocks, bills and other administrative work related to medical care.
- It is a Flexible and adaptive software
Cons
- It does not Automate Blocking of Expired Items
- It does not support Web-Based deployment
8. CareCloud
CareCloud is a cloud-based comprehensive EHR solution that can easily be regarded as one of the best medical billing solution(s) that is available in the market. It easily adapts to the practice’s workflow and helps the practice in becoming more profitable and productive by helping it adjust to the constant changes in the healthcare industry.
Key Features
CareCloud has numerous features that include the likes of:
- Patient Portal
- Mobile App
- Revenue Cycle Management
- Practice Management
- Workflow Automation
- Social Collaboration Tools
- Patient Acquisition Tools
- Drag and Drop Editing
- Electronic Health Records
- Patient Data Access
- Patient Registration
- Patient Scheduling
- Payment Processing
- Examination Documentation
Pricing
To find out about the pricing options, one must contact the provider directly.
Free trial
CareCloud does provide a free demo.
Reviews Unplugged
Pros
- The cloud-based platform is very easy to use. Even for first-timers. It has all the features that help it to be easily recognised as one of the top medical billing softwares.
- The ability to communicate between the vendor and the client is great.
- It is one of the most user-friendly systems in the market.
- The mobile application provides seamless connectivity at all times.
Cons
- The software has a few glitches across its functionalities.
- The software is updating regularly and could cause downtimes rarely.
9. CollaborateMD
CollaborateMD is one of the top medical billing software solutions that helps practices and institutions of all sizes to automate and streamline their billing processes. Known for its comprehensive and user-friendly nature, CollaborateMD fits the needs of personnel with all experience levels. The software effectively reduces overhead administrative costs, while increasing cash-flow through improved efficiency and workflow management.
Key Features
CollaborateMD comes with a range of features that include:
- Exclusive Claim Tracking
- Real-Time Claim Submission
- Claim Analysis
- Claim Editing
- Claim Scrubbing
- Claim Follow-Up
- Integrated Payment Processing
- Payment Portal
- Patient Payment Plans
- Enhanced Patient Insurance Management
- Central Business Intelligence
- Financial Analytics
- Report Financials and Dashboards
- Report Snap and Share
- Appointment Scheduling
- Internal Messaging
- Electronic Remittance Advice (RMA)
Pricing
CollaborateMD has various plans starting from $189 per month.
Free trial
CollaborateMD does provide a free trial.
Reviews Unplugged
Pros
- The software is intuitive and with each functionality communicating with each other, the software is holistically efficient.
- The process of creating claims is very simple to execute.
- The software is constantly being updated to meet the growing demands of the market.
Cons
- Customer support needs improvement.
- The software does not offer the opportunity to have bidirectional communication with the EHR.
- There is no mobile version of the software that is available.
10. Meddoz
Meddoz is an effective, easy to use pharmacy system. Being an effective medical billing solution, Meddoz can increase the control and visibility of all management processes in a pharmacy. With 100000+ preloaded drugs in its repository, Meddoz can fit the needs of pharmacies of all sizes. It also offers instant updates, industry feeds, and technical support across all levels.
Key Features
Meddoz comes with numerous features that include the likes of:
- Practice Management
- Patient Information Management
- Billing System
- Payment Processing
- E-Prescribing
- Patient Record Management
- Billing Management
- Claims Management
- Billing Estimates
- Code & Charge Entry
- Patient Eligibility Checks
- Patient Payment History
- Statements & Collections
Pricing
Meddoz offers various plans depending on the size of the establishment. Its basic plans start from Rs. 710 per month, and goes all the way to Rs. 1042 per month.
Free trial
To find out about the availability of a free trial, one must contact the provider directly.
Reviews Unplugged
Pros
- It is an easy-to-use medical billing system that comes along with 100000+ pre-loaded drugs.
- It is a cost effective software system
Cons
- It’s an old school medical billing software.
- The product still has a huge scope for improvement.
Though there are many medical billing softwares available in the market. Not every software will be a right fit for your medical business. Ensure that you pick the right one.
Are you looking for the best medical billing software for your business? Write to us for more details along with your requirements. We will be happy to assist you.