Managing a successful practice is challenging when you have so many things to look after. While your primary goal is to provide the best patient care, other things like staffing, billing, and financial management can get in the way. Chiropractor billing software can dramatically improve the coding accuracy, fast track the claim submission process, and optimize administrative and financial activities. But how do you know which chiropractic insurance billing software is right for your practice needs? There are a wide range of chiropractic billing software in the market and choosing the one that suits your needs is difficult. But not anymore. Check out the top features that a chiropractic billing technology should have:
1. Fully Integrated Solution
An integrated chiropractic EHR and billing software is the most cost-effective way to make your practice more profitable and efficient. An integrated system streamlines the flow of information from electronic patient records to claim submission. You and your staff save time by eliminating duplicate effort as there
is no need to enter the same data twice. With this increased efficiency, you can focus on the needs of your patients and focus on reducing claim rejections
and denials.
2. Automated Updates
Chiropractic CPT and ICD-10 codes are in a constant state of change, which can wreak havoc on your billing process when billers and coders can’t keep up. Incorrect use of codes can result in denied or rejected claims, thereby negatively affecting monthly income and cash flow. Look for chiropractic insurance billing software that is continuously updated with new and revised codes. Chiropractic medical billing software should provide automated updates regularly, without requiring you to install the newer versions. Apart from code updates, the software should be updated with changing regulations, functionalities, features, screens, and more, but automatically. So you can spend more time with your patients and less time worrying about what you need to do to keep up to date with changing codes and regulations.
3. Integrated Payment Processing
Integrated payment processing saves time and money and reduces chances of errors. The chiropractic billing software you choose should allow you to quickly and easily accept credit or debit card payments directly within your existing EHR software. This saves time and eliminates human errors from data entry. A payment processing provider should be an expert in the chiropractic industry, provide stronger data security, and offer a single, proven, efficient solution that covers your integrated payment processing needs and more. When you consider these points, it’s tough to beat the values you get when you use zHealthPay’s integrated payment processing solution. zHealthPayprovides you not only with the ability to benefit from payment processing but also the ability to manage your entire practice- all through one single platform.
4. Integrated Clearinghouse
A clearing house is essentially an electronic station or hub that allows chiropractic practices to transmit electronic claims to insurance payers. Look for the best chiropractic billing software with an integrated clearinghouse. An integrated clearinghouse ensures you have a clearinghouse that is already a part of the software you are buying. Billing software with an integrated clearinghouse connects your practice directly to payer interfaces whenever possible, so your claims submission workflow is not disrupted. From creating claims at the point of care all the way through posting ERA/EOB payments, a chiropractic billing software vendor who provides an integrated clearinghouse can be highly proactive when it comes to monitoring your claims, claim reports, statuses, and electronic data.
5. Claim Scrubbing and Tracking
Claim scrubbing is a process that detects and eliminated errors in claims before they are sent off to payers. It is essentially a way of auditing claims before they are submitted to insurance companies. Your chiropractic insurance billing software should have the claim scrubbing feature as it will ensure coding and billing accuracy and reduce the chances of claim denials or rejections. Claim tracking is a great way to track the progress of your submitted claims, from start to finish. You should be able to track claims easily in your chiropractic medical billing software. The claim tracking feature ensures 100% accountability and allows you to correct rejected or denied claims in a timely manner and accelerate cash flow.
Additional features to look for:
1. Cloud-based
Cloud-based chiropractic medical billing software offers significant advantages over server-based systems when it comes to billing and claims management. A cloud-based chiropractic billing system can be accessed through the web using any device with an Internet connection. A cloud-based system makes it easy for your chiropractic office to remain compliant and gives your billing staff the ability to work from any device, any time.
2. Cost
Using a cloud-based chiropractic EHR and billing software is more cost-effective for most chiropractic offices. You don’t need to invest in hardware, updates, or
maintenance. Chiropractic billing software should meet the needs of your business, be reasonably priced, and fit within your budget. Costs for some of the best chiropractic billing software range from $99/month up to $500/month. Choose a billing software that provides all the features at an affordable price point.
3. Compliance and Support
A billing system is as good as the security layer behind it. In the chiropractic industry, you need to protect patients’ health records and stay compliant with HIPAA regulations. Make sure the billing software ensures top-class security and is in compliance with HIPAA. The software vendor should provide training and support to you and your billing staff so you are well versed with all features and functions of the billing software. The vendor should offer phone, email, and virtual training for as long as you need and when you need it.
Conclusion
Chiropractic insurance billing software can streamline your practice and help you focus on what matters the most – your patients. If you’re looking to streamline your billing process or thinking of switching from your current software, do check for the aforementioned features in your new chiropractic billing software. Focus on your patients and let zHealth Software handle your billing needs. zHealth is a cloud-based EHR and billing software with an integrated clearinghouse, claim scrubbing and tracking capabilities. It is fully integrated with our practice management software and payment processing solution. Regular updates to the software help your practice stay compliant and current, always. To learn more, contact us today at(800) 939-0319 or request a free demo here.
