Think Web-Based Medical Billing Software Is Too Expensive for Your Practice? Think Again.

June 30th, 2011 by Kathy McCoy

Web-based medical billing software can save you thousands of dollars each yearYou know firsthand that running a medical practice is an expensive operation, involving office space, furniture, fixtures, computers, equipment, employee salaries, marketing and the ever increasing cost of medical malpractice insurance. Because of this, you need to look at ways to reduce your expenses without compromising the level of patient care or service you provide. One way to do this is by making the switch to web-based medical billing software, which costs far less than traditional medical billing software.

Many people equate innovative technology with high prices, but this isn’t the case with web-based medical billing software. Kareo, for example, is a leading web-based medical billing software company that has subscription plans starting at just $69 per month. By comparison, traditional medical billing software costs many thousands of dollars annually for a medical practice with only two computer workstations and one computer server.

Get more… for less

Technology has transformed the entire medical billing process and made it affordable to manage a whole host of billing tasks with just a computer and a secure Internet connection. Some web-based medical billing software companies, such as Kareo, even offer free integrated electronic medical records (EMR) and practice management software to their customers. Being able to manage each of these important functions with one web-based software provider is very convenient for your employees. 

More savings

Affordability is one of the key advantages of web-based medical billing software. The monthly fee for most web-based medical billing software providers ranges from under $100 to several hundred dollars per month, depending on the number of providers you have and the amount of billing you do. And with web-based medical billing software, you won’t have to pay for expensive computer servers, software licensing, software upgrades and information technology (IT) support. Plus, with Kareo you have zero additional training costs and no set-up fees, and both live chat support and email support are now included in all plans.

More flexibility

Web-based medical billing software offers the ultimate in convenience for your employees. It can be used anytime, anywhere — even offsite — because the software provider’s servers securely store all of your important data and information in the “cloud computing” model. Try doing that with traditional medical billing software!

More efficiency

A more efficient medical billing system means happier employees and greater productivity, not to mention a healthier bottom line for your practice. Web-based medical billing software is simple to set up, learn and use, and it helps your employees finish more billing tasks in a shorter amount of time. Not only can web-based medical billing software make your employees’ lives easier, it can make their jobs seem more professionally rewarding.

More savings – Part II

Switching over to web-based medical billing software can give you big savings on medical clearinghouse services. Instead of paying a third-party medical clearinghouse several hundred dollars each month for each doctor in your practice, or per claim-fees of up to $1.00 claim, you can pay much less. For example, Kareo charges just .49 per electronic claim with the basic plan, and the three higher-level monthly plans include free electronic claim submission.

“With Kareo, we are spending less.”

Bob Pederson of RLP Billing has been using Kareo web-based medical billing software for well over 3 1/2 years and is saving money left and right. “What I found with Kareo is we spend less in subscription costs for 10 providers on our system than we used to spend each month just for updates, upgrades and maintenance,” said Mr. Pederson, who adds, “And with what we were paying programmers, we could probably pay the subscription fees for 20 clients.”

Mr. Pederson’s expenses were also reduced by not having to purchase expensive memory. “We were used to having to buy more memory with the old in-house system, and we’ve never run up to our quota of storage with Kareo — we’ve never even come close to it — and we do a lot of scanning into the system,” he said. Mr. Pederson sums up his experience with Kareo by saying, “Economically, and in every way I can think of, we’re just totally impressed and happy with the system.”

Make denied and underpaid claims a thing of the past

If your practice has been using traditional medical billing software, you’ve probably experienced denied claims, underpaid claims and lengthy wait times to get reimbursed from your providers. In addition, your billing employees aren’t spending their time wisely if they are constantly resubmitting claims and contacting insurance companies due to billing discrepancies. Web-based medical billing software helps your employees submit claims right the first time. On-screen alerts are given when “human” mistakes are made so they can be corrected right away. It’s like having a quality control department for all of your claims… right at your fingertips!

One question remains

You are in the driver’s seat here. Why keep spending a small fortune on an outdated medical billing software system that might be taking a financial toll on your practice? One of the benefits of owning (or managing) a medical practice is that you get to make business decisions that will reduce your operating costs and improve your bottom-line. Making the switch to web-based medical billing software is a smart business decision, and you can get started today.

Start by researching the various web-based medical billing software companies to see their price plans, features and methods of customer support they provide. The competitive marketplace and advances in web-based technology have driven down costs considerably, but remember that low prices do not always mean you are getting the best value. Look for a recognized leader in web-based medical billing software, like Kareo, that is used by countless medical practices across the US.

With its affordability and flexibility, web-based medical billing software definitely gives you more bang for your buck.

Learn more about web-based medical billing software now.

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Complimentary Webinar: How to Grow Your Billing Service – Sales Strategies Based on World-Class Customer Service

June 29th, 2011 by Kathy McCoy

Tuesday, July 19, 2011
1:00 PM EDT/10:00 AM PDT

Learn how to grow your medical billing service with sales tips from expertsBilling services face increasing competition every day. The ongoing challenge of finding new business means you are constantly working to sell your services in addition to retaining the customers you have. How do you grow your customer base in this highly competitive atmosphere?

Learn from the experts in the first in a series of webinars designed to help billing service owners and sales management develop sales strategies that will grow your business.  This webinar will describe key strategies including:

  • Maximizing the value of excellent customer service in building your customer base
  • How to build word of mouth for your company
  • Strategies for generating customer referrals
  • How to develop sales strategies by asking the right questions
  • And more 

Register now to learn how to grow your medical billing service with sales tips from experts

 Question-and-Answer Session — Bring your tough sales and business development challenges and get answers to your current concerns about building your business in today’s highly competitive economy.

Who Should Attend
Billing service owners, billing service sales management and others responsible for developing new business for a medical billing service.

About Your Speakers:

Our panel of speakers includes experts in medical billing sales and business development, some of whom are executives from leading medical billing services:

Paul Bernard
President/Owner, Broadleaf Health

Scott Cramer
Senior Account Executive, Kareo

Jim Sholeff
Partner, ECCOHealth

Register now to learn how to grow your medical billing service with sales tips from experts

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Join Us for a Kareo Medical Billing Software Demo Webinar: How to Streamline Your Medical Billing

June 28th, 2011 by Kathy McCoy

Learn how to make your medical billing easy with Kareo medical billing softwareYou are invited to join us for a free demo webinar on July 12 or July 28 to learn how Kareo medical billing software will make medical billing easy for you as you improve your profitability. You’ll hear how you can:

Reduce your cost of ownership with web-based software by eliminating costly software and upgrades
Save money on your medical billing by paying one affordable monthly fee for software and clearinghouse
Keep things from falling through the cracks–quickly and easily see what claims need to be followed up on, which insurance companies haven’t responded and more
Use easy to customize reports to see which procedures are most profitable, which providers are most productive, and much more
Implement an integrated EMR/medical billing system with Kareo + Practice Fusion, the lowest-cost option available for EMR and medical billing

Starting at just $69 per provider per month, Kareo is the easy, affordable medical billing option that is trusted by thousands of doctors.

We’ll show you why.

During this one-hour webinar, you’ll see in detail how Kareo’s easy to use features help you make your billing more productive. You’ll also have the opportunity to ask questions and learn how Kareo suits your specific needs. Please note that this webinar is designed for those who are not currently using Kareo but are interested in learning more about our easy, affordable application.

Title: Kareo Medical Billing Software Demo: How to Streamline Your Medical Billing
Date: Tuesday, July 12, 2011
        Thursday, July 28, 2011
Time: 10:00 AM – 11:00 AM PDT (1:00 PM – 2:00 PM EDT)

After registering, you will receive a confirmation email containing information about joining the Webinar.
Space is limited.

Reserve your Webinar seat now for the dates indicated below:

             July 12, 2011                                                                                 July 28, 2011
   1:00 PM EDT/10:00 AM PDT                                                                1:00 PM EDT/10:00 AM PDT

Register now to learn how Kareo medical billing software can make your medical billing easy                                         Register now to learn how Kareo medical billing software can make your medical billing easy

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Today's Web-Based Medical Billing Software Is Setting the Standards for Ease-of-Use

June 27th, 2011 by Kathy McCoy

Web-based medical billing software is setting new standards for ease-of-useMany doctors and billing specialists feel completely comfortable with their current system of medical billing and collections, even if they know there might be an easier and more affordable way to do things. One big obstacle to switching over to a new medical billing system is the belief that it will be too difficult for employees to learn and use. With web-based medical billing software like Kareo, nothing is further from the truth.

Web-based medical billing software has evolved to the point where your office can be completely set up and running quicker than you ever thought possible. With Kareo, for example, you can start billing just two business days after signing up. This is possible because web-based medical billing software is so easy to learn. The training is easy and the majority of web-based medical billing software companies offer outstanding customer support via telephone, e-mail and downloadable user guides. Some companies, such as Kareo, even have informative online training videos for their customers.

Ease-of-use means happier employees and fewer billing errors

Many technology-related companies are simplifying their products and services to meet the demands of today’s consumers. That’s why you often see the phrase “user friendly” used in their advertising. Well, the same applies for web-based medical billing software, which is very user-friendly for your employees, and with good reason. If your medical billing software is difficult to use, your employees will become frustrated and not be able to perform their billing tasks efficiently, and this can lead to claims that are submitted with errors and/or inconsistencies, underpaid claims, and rejected claims.

Web-based medical billing software makes the entire billing process easy for your employees, and that means they will enjoy their jobs and be happier and more productive. And there’s nothing better than employees who enjoy coming to the office each day with the goal of helping your medical practice succeed.

Web-based medical billing software is as easy as 1-2-3. Literally

With web-based medical billing software, your employees simply log into your account through a secure Internet connection, input patient data and insurance information, and submit the claim. It’s that easy! Here’s how web-based medical billing software works in more detail:

Step #1: Log into your account

The first step in using web-based medical billing software is to log into the account you created for your medical practice with your username and password. One key benefit of web-based medical billing software is anywhere, anytime access. Your billing employees can access your account and perform all of their billing tasks at home — or while traveling — as long as there is a secure Internet connection.  

Step #2: Enter billing data quickly and easily

Web-based medical billing software features a clean, easy-to-use interface that looks like a well-designed webpage. This is a great benefit because it helps your billing employees be more productive. All of your important patient information is conveniently stored in one place in the system, and it can be accessed with a few clicks of the mouse. Your billing employees will enjoy being able to manage a multitude of billing tasks quickly and easily with drop-down menus that feature up-to-date ICD-9, CPT and HCPCS codes, payer information and more.

Step #3: Submit your claim electronically

The third and final step is to send your electronic claim in the industry-standard ANSI-837P format directly from your web-based medical billing software system to the appropriate government payer or commercial insurance company. Sending claims electronically allows for rapid processing and a faster payment cycle.

Even getting buy-in from your billing employees is easy

Before making the switch to web-based medical billing software, it’s important that your billing employees are completely on-board with the idea. After all, they are the ones who will be using the software on a daily basis. Once they see how easy web-based medical billing software is to use, they will welcome the change. In addition, many web-based medical billing software systems feature an intuitive design that makes them all the more desirable to use. Onscreen prompts, color-codes and the overall look and feel of a well-designed webpage provide your employees with an excellent user experience.

“Kareo is the right one!”

Paula Ponthieux is the office manager of a physical therapy practice in Marksville, Louisiana, who knows how easy web-based medical billing software is to use. Her practice uses Kareo and she says it’s the right choice. “If you’re looking for medical billing software, go no farther—Kareo is the right one,” said Ms. Ponthieux. She adds, “Once we signed up with Kareo, we were  able to start submitting claims electronically within three days, with the exception of Medicare and Blue Cross, which only took a week and a half to start their billing. Kareo is so incredibly user-friendly, low-cost and has an awesome support staff. I’d recommend it to anyone.”  Hear from more Kareo customers.

Make the switch to web-based medical billing software–today

There you have it. Advances in web-based technology have resulted in an easier and more efficient way of managing your medical practice’s billing and collections. Choosing the right web-based medical billing software for your practice is easy if you want affordability, comprehensive services, outstanding customer support and a proven track record of success with many thousands of medical practices in more than 75 specialties across the US. Just look to Kareo, which offers all of this and more starting at just $69 a month, not including claim fees. Then get ready to start billing with ease!

Learn more about web-based medical billing software now.

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Get Your Web-based Medical Billing Software Set Up in Just 10 Minutes with Kareo's New Practice Setup Wizard!

June 23rd, 2011 by Kathy McCoy

Get your web-based medical billing software set up in 10 minutes with Kareo's new practice setup wizardWe live in an information-rich world. Technology has changed the way we communicate with one another and created new ways to find news and information. For businesses, medical practices in particular, advances in technology are helping to improve operational efficiency and reduce costs. And the most successful technologies are those that are easy to learn and use, such as web-based medical billing software. 

Today’s leading web-based medical billing software companies are responding to the needs of their customers by offering more than a user-friendly product; they are also simplifying the entire setup process. Kareo, for example, recently introduced the revolutionary Practice Setup Wizard, which is an online guide that helps customers set up their web-based billing software in as little as 10 minutes. That’s right, 10 minutes! 

A helpful streaming video makes for easy and interactive training.

Streaming online video is being utilized by countless tech-savvy companies, and for good reason. Research indicates that people don’t like downloading video to their computers because it takes time, takes up valuable computer memory and often requires a special multimedia plug-in. Kareo doesn’t want its customers to deal with this frustration. So, the Kareo website features a six-minute Practice Setup Wizard training video that you can watch anytime without even clicking your mouse… the streaming video just starts playing automatically. 

Six easy steps are all it takes to complete.

Kareo’s Practice Setup Wizard features six easy steps. Once you have established a Kareo account for your medical practice, you are ready to get started. Simply log in and follow these steps:

Step #1: Information checklist

The first step in Kareo’s Practice Setup Wizard is the information checklist. This is where you enter basic information about your medical practice, including its name, address, employee identification number (EIN) and national provider information (NPI). During this step you will also enter the names, NPIs and taxonomy codes of your insurance providers. Kareo’s web-based software is quite robust and allows you to add two optional items at the end of step one: A listing of your medical practice’s standard fee schedule, and the names and e-mail addresses of all of your employees who will have access to your Kareo account.

Step #2: Practice information

Once you’ve completed step #1, all of the basic information about your practice is already entered, so step #2 should take just two minutes to complete. All you have to do is make sure these things are entered correctly: Your practice name and address along with its EIN and NPI numbers.

Step #3: Provider information

During this step, you will enter the EIN and NPI numbers for each of your providers, as well as their specialty information from a convenient drop-down menu. You can add as many providers as you need.

Step #4: Practice locations

Again, Kareo’s Practice Setup Wizard stores all of the information you entered in step #1, so entering additional practice locations is a breeze. In step #4, you will be asked to enter the billing name and address of your additional location(s), along with any facility NPI numbers and Clinical Laboratory Improvement Amendments (CLIAs), if applicable.

Step #5: Fee schedules

Step #5 is optional, but if you want the convenience of having your standard fees for health plans and patients automatically linked to your encounters, which saves your billing employees time later on, it’s well worth the time to complete. CPT codes and fee information can be entered manually or uploaded from an existing file.

Step #6: Assign users

Step #6 is also optional and lets you determine which of your employees have access — and exactly how much access — to your Kareo web-based medical billing software. Choose from a drop-down menu to assign any one of five (5) levels of permission to your employees. Once you enter their names and email addresses, they can start using your web-based medical billing software right away.

“My favorite feature is how easy it is.”

 

Jessica Gordon is the billing manager for a pediatric practice in Braselton, Georgia, who knows how easy Kareo web-based medical billing software is to set up and use. “Any billing software can seem daunting to those first setting up a practice,” said Ms. Gordon, adding, “Kareo is easy to use and has all of the features needed to help you get up and running very quickly. We looked at several other systems but Kareo had everything we needed at a price we could afford from the start.”

How web-based medical billing software can benefit your medical practice.

Web-based medical billing software such as Kareo has advanced medical insurance billing like never before. It does everything that traditional medical billing software does — and more — for far less cost. That’s because web-based medical billing software only requires a computer and a secure Internet connection and nothing else. That’s right, you can finally say “goodbye” to those expensive computer servers and billing software programs that require costly licensing fees and annual upgrades.

Plus, web-based medical billing software helps improve your practice’s bottom line with rapid and accurate claim submission, fewer rejected claims and faster reimbursement. In short, web-based medical billing software can take your billing to a completely new level. And with Kareo’s Practice Setup Wizard, getting started is so easy, it’s just like magic.

Learn more about web-based medical billing software now or watch Kareo’s Practice Setup Wizard video.

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Welcome to Building Kareo, a weblog by the team at Kareo about our products, our partners & competitors, medical billing, healthcare information technology, and much more.

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