The two MedOffice software systems then work together to allow you to offer sophisticated
billing solutions unmatched by your competitors. The MedOffice PMR software appeals
to doctors for the very same useful features and reliable functionality you have
in your MedOffice software. However, some functions can only be done by you as the
billing service, thus giving you control and preserving your value to the client.
As part of an enticing marketing kick-off campaign, we recommend that you offer
the MedOffice PMR at low cost or even FREE to your first doctor clients. MedOffice
is typically sold to physicians at an average price of $3,000. This free offer helps
clients feel they are receiving an amazing value (and they ARE!) and it helps your
new billing service get started quickly. Our Preferred program includes 5 copies
of the MedOffice-Remote (PMR) to help you get your business off the ground.
When you install the MedOffice PMR at your doctor client's site for the first time,
you can setup the user-specific functionality to suite your needs and purpose. In
other words, you can turn on or off features that you wish for the doctor's office
to use or not use. Doctors can use it to organize their daily operations (patient
record keeping and scheduling, notes, ...etc), while allowing you to do your part
(claims billing, patient invoicing, posting payments...etc.)
When your doctor clients use the MedOffice software, your billing services become
more simplified through electronic transfers. MedOffice allows you to perform the
billing functions remotely in a fraction of the time usually required. MedOffice
PM & MedOffice-Remote (PMR) provide you with the ultimate in efficiency and convenience.
When utilizing the MedOffice® software, all services and billing functions become
simplified through the electronic transfer of information. MedOffice allows the
medical practice and the Billing Service to be connected remotely so that daily
billing services can be performed with maximum efficiency, completeness, and convenience
for both the medical practice and the billing service.
The Medical Practice utilizes its MedOffice system on a daily basis for all tasks
associated with patient management. Every day (or on a pre-arranged schedule) the
Billing Service collects the data via modem, files all claims electronically, applies
all payments received, and then automatically updates patient data files. Every
morning the medical practice receives a DAY SHEET(S) and other financial and reconciliation
reports from the Billing Service that allow for quick and accurate validation of
patient activities from the prior day. With this thorough and effective support,
the medical practice remains in complete control of day-to-day operations.
There are 3 stages involved:
- Events at the Doctor's office
- Events at the Billing Service
- Events at the Insurance Company
Here's a step-by-step description of each stage:
Stage 1: Events at the Doctor's Office
Patients arrive for scheduled appointments. As patients arrive, Superbills (fee
tickets) are generated from MedOffice containing vital information automatically
printed on it (patient's name, address, insurance information, co-payment amount...etc).
Co-payments are collected from the patients at this time and recorded into a daily
log in MedOffice.
Doctor visits with the patient: The doctor determines the diagnosis and procedure
codes for this visit and indicates them on the Superbill. The doctor or assistant
returns the Superbill form to the front desk for entry in the MedOffice program.
Claims information is entered into MedOffice: The claims information is then entered
into MedOffice by following 3 easy steps. The medical practice staff will enjoy
the efficiency and ease of our MedOffice software for data entry. The average time
it takes to enter a claim is less than one (1) minute! As with all MedOffice modules,
the claim entry screen is designed to help the user avoid errors. Claims information
is now ready to be downloaded by our Billing Service at the end of the day.
Stage 2: Events at the Billing Service
In the evening, the Billing Service downloads via modem all newly entered information
from MedOffice at the practice. Once the claims information has been transferred
to the Billing Service system, the Billing Service then files all claims electronically,
and applies all payments and EOBs received, prints patient statements and updates
all management reports and information infrastructure. The Billing Service then
performs the "Upload Routine" which automatically updates or "Refreshes" all patient
data files in the MedOffice software at the medical practice!
Doctor's Office - uses MedOffice PMR
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Billing information flows electronically two ways between your billing service and
your client, the medical practice. Doctor's computers are updated with daily activities
and reports.
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Your Billing Service - uses MedOffice
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The insurance carrier receives & reviews the edited claims, then issues and mails
payments to the doctors.
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Electronic Billing Cycle using MedOffice™/MedOffice-Remote (PMR)
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You, the Billing Service, perform billing functions and send claims electronically
to a national clearinghouse.
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Insurance Company
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The clearinghouse performs further edits and forwards the claims to the appropriate
insurance company. The clearinghouse also sends claims reports back to you electronically.
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Clearinghouse
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Stage 3: Events at the Insurance Company
Insurance companies receive and process the error-free electronic claims in timely
manner. They then mail the payments along with the Explanation of Benefits (EOBs)
either to the medical practice, to the billing service, or to a pre-arranged lock
box at a local bank.
If the payments and EOBs are mailed directly to the medical practice, the provider's
staff will do the following:
- Examine the EOBs for accuracy,
- Make bank deposits from the checks,
- Fax copies of the EOBs and payment checks to the Billing Service for posting (pick
up can be arranged),
- The Billing Service posts the EOBs to the Manage Receivables module and applies
all payments into its computer system (into the MedOffice Practice Management).
It then sends via modem (upload) the posted transactions into the MedOffice-Remote
version at the medical practice.
If EOB's and payments are mailed directly to the Billing Service, then the Billing
Service will:
- Examine the EOBs for accuracy,
- Make bank deposits in the medical practice's bank account and fax records to the
medical practice,
- Post all EOBs and payments into the Billing Service computer system (MedOffice)
and run the "Upload Routine." The Upload Routine will updated MedOffice-Remote at
the medical practice with the newly posted information.
If EOB's and payments are mailed to a lock box at a local bank, the bank personnel
will:
- Fax copies of payments received and EOBs to both the medical practice and the Billing
Service,
- Make deposits in doctor's bank account,
- The Billing Service posts the received EOBs into its computer system (MedOffice),
and updates computers at the medical practice (MedOffice-Remote) with the new information.
You'll find great convenience in the automation of the billing process.
By using MedOffice PM & MedOffice PMR, you do not need to waste time driving to
pick up the superbills from the practice's office any more. All information is transferred
automatically from the doctor's computers to yours. This eliminates the duplication
of manual data entry of claims information while providing confidentiality of records.
Saves Time - So You Can Provide Your Services More Efficiently
You can process claims electronically, perform billing functions, and provide your
clients with many types of management and financial reports in a fraction of the
time needed for the traditional method. After some experience, these functions should
not take you more than one hour per day per doctor to perform in your office.
You have far more flexibility with the MedOffice PM & MedOffice-Remote PMR duo.
Running your download/upload routines can be performed daily, twice a week or may
be just once a week on a Saturday! You'll be able to determine the frequency depending
on how many claims your client's practice generates.
You can invest more time in expanding your business and adding other profitable
services. You can turn your Billing Service into a Medical Management Consulting
Firm, offering a wide range of services that would be of great benefit to you and
your clients. Additional services you can offer to your medical practice clients
are: collections, Electronic Fund Transfer (EFT), remote backup, digital scanning
of medical records, computer consulting, accounting services such as payroll, bill
paying and maybe tax services. Or you may simply spend your extra time with your
family or enjoying hobbies.
Use MedOffice and Rev Up Your Marketing and Add Clients To Your Billing Service
Doctors appreciate the sophistication of the MedOffice Software
- Enhance your customer loyalty by providing MedOffice-Remote (PMR) to health care
providers. When doctors use your system and services, your business relationship
with them becomes more involved. You have the opportunity to build a strong business
relationship that can last for a long time. The stronger the bond between you and
your clients, the more secure the relationship can become. When doctors use your
software in their offices and are pleased with your services, the likelihood of
losing them to a competitor who tries to offers a better deal becomes slimmer. MedOffice
helps you build win-win partnerships with your doctor clients.
- MedOffice PMR also helps physicians in areas other than billing such as medical
documentation, scheduling, reporting, analysis, voice dictation, insurance management,
word processing capabilities, and a host of other robust features. Healthcare professionals
pay great deal of money for software purchases, upgrades, support and training.
It is not unusual for doctors to pay $5K to $100K in the course of a few years.
By using MedOffice PMR and your billing services, they have the opportunity to reduce
or eliminate most of these costs.
- When you offer the MedOffice-Remote PMR system to doctors FREE or at a small cost,
you will immediately get their attention. If you are a start-up billing service,
this "PUSH" goes a long way to boost your marketing campaign. If you are an established
billing service, this system will help you expand your clients base. Offering this
tremendous software system for free motivates your prospective clients and increases
your chances of landing your first few accounts quickly.
- Your most important concern when you start your new billing service business is
to secure monthly income to make sure you stay in business. You may sell the system
later if you wish. To give you an idea, MedOffice has been sold to a clinic for
$6,500. You may sell software, computers, and other services to providers once you're
established. You will generate handsome commissions through such sales.
The MedOffice system is a powerful tool for both healthcare providers and billing
services. You and your Physician clients will benefit greatly from the synergy of
the two programs in this software system. Physicians appreciate the system because
it combines numerous advanced software modules that they can use in their daily
operation. MedOffice saves them time and the high expense of purchasing several
separate systems.
At least 50% of medical offices use outdated computer or software systems or are
not computerized at all. Even if a medical office falls within the 50% computerized
group using up-to-date computers and several software systems, you can rest assured
that the software systems they use are stand-alone systems where data must be entered
separately in each one of them. This double (or triple) entry can be tedious and
time consuming. Additionally, they will have to maintain several annual support
and training contracts with three or four different companies -- a major expense
that will be eliminated when using the advanced MedOffice system.
As a Billing Service, you can market your billing services successfully to physicians
because you'll be providing more answers to their daily needs in the area of billing
and other aspects of their daily operations.