Some companies that sell physical therapy billing software help the clinic to implement the program.
The company may install the physical therapy billing software and train the clinic staff how to use it.
The training that is provided may cover several functions of the physical therapy billing software including scheduling, organizing documentation, and financial reporting. The physical billing software suites often are customizable. The clinician and office manager may want to select options based on their needs. Clinics may choose to use only physical therapy billing software while others use comprehensive software that combines many functions related to office management, organization, scheduling, and accounting as well as billing.
Software that makes the physical software billing process easier may be preferred to using a company to collect from customers and insurance companies. The physical therapy billing software and necessary employee training may be a one-time expense. In contrast, physical therapy billing software company services are an ongoing expense. The medical physical therapy billing software company may charge a fee based on the amount of money that they collect or have a flat fee.
There are some clinic owners who use both medical billing software and a billing company. The owner may want the billing company to add the information to the software. Then, the owner can check the status of claims and revenue by accessing the software.
People who are in the market for physical therapy billing software tend to look for particular features of the software. Ease of use is very important to many potential buyers. A user-friendly interface allows the users to easily navigate the physical therapy billing software and complete the necessary tasks.
The clinic owner may have preferences regarding the different types of reports that the software can generate. Some software programs allow the users to compare their practice’s current revenue with time periods in the past. Billing software can be used to create profitability reports and other financial documents that the owner needs for the management of the medical practice.
Tracking claims is made easier with physical therapy billing software. In many cases, the clinician can check the status of claims by searching for a patient’s name, payer, or other factors. This makes it easy for the clinic staff to answer patient questions regarding a claim or determine if more action needs to be taken to address an unpaid bill.
Paperless processing is a feature of many physical billing software programs. Many find this a desirable feature based on the efficiency and reduced waste. The paperless transactions are often resolved more quickly than transactions by mail. One physical therapist compared the speed of paperless processing and fast results with winning the lottery.
Physical therapy billing software makes the management of the office more efficient and less intimidating. The office staff may find user-friendly software to be indispensible. Besides managing the insurance claim process, the software may create valuable financial reports that give the owner detailed information regarding the profitability and growth of the physical therapy clinic.