RCM software, or revenue cycle management software, is designed to help medical practices take payments, track payments, pay taxes, and follow audit guidelines. However, some of these software applications are so bad that it is better sometimes for medical practices to do everything by hand. There are though a few ways in which you can find the best RCM software.
Research Local Hospitals
If you’re in need of RCM for healthcare services provided by your practice, it would be wise to contact the business office of local hospitals to find out what software they use. In most cases, all of the local hospitals in your area will be using the same software because they may see a lot of the same patients, so you should check both local hospitals and hospitals around the region. A solid list of four or five software companies is all you need.
An Outstanding Software Company
An outstanding company providing RCM for healthcare services is AZZLY. AZZLY takes pride in its RCM software due to how easy it is for patient claims to be filed and how easy it is for a patient or insurance company to be billed. Once patient information is entered, the system will automatically be able to tell if the patient has co-insurance, how much the patient will have to pay, and what services are fully covered. The software generated by this company also comes with daily analytics and reports, which is great for medical business owners who have annual auditors visiting them.
