Many providers feel that implementing an efficient revenue cycle management system is more complex than implementing clinical EHR software, citing more options, but fewer ideal options.
Almost 60% of practices chose their revenue management software based on integration with clinical software, such as integrated EHRs. Billing systems that are separate from clinical applications carry a higher error risk since provider revenue relies on the integrations of clinical and financial data. Many providers have found integrated systems can improve care while reducing costs, leading to the adoption of more single vendor EHR practice management software systems that offer clinical and financial features in one application.
With this in mind, an all-in-one software system may seem like the most sound investment. Unfortunately, EHR vendors that “do it all” don’t always “do it well” and few are thought to offer well thought out workflows designed for quality care and efficient claims management. Only 36% of the largest grossing EHR software vendors effectively understood how to develop user-centered software design, according to Journal of the American Medical Informatics Association (JAMIA.)
With vendors like MacPractice, empowering efficient revenue cycle strategy is a core part of developing the MacPractice software. Not only are the clinical and financial features integrated, but they are designed in unison by the same software development team. This is one of the many reasons that an independent review has found MacPractice to have a 92% user satisfaction.