Did you know that using a dedicated EMS billing software can save you up to 40 percent of your total billable time? If you’re still manually producing invoices and billing statements, it’s probably time to switch to an EMS software for invoicing.
That’s because a specialized software for medical billing has so many useful features and benefits that will reduce your expenses and boost your revenue. An efficient billing solution can improve operational efficiency and reduce the costs of document management. It can make a major difference in your EMS operations.
1. Reduce Paperwork and Increase Productivity with EMS Billing Software
One of the major benefits of using EMS billing software is how it improves time management and production. You not only reduce the paperwork of conventional protocols, you also increase worker productivity. Digital invoices are sent to patients and insurance companies with fewer errors and more expediently. You also can track payments more easily.
2. Share Patient Care Records Quickly and Error-Free
By using an EMS billing program, you can also share patient care records (PCRs) with far less chance for error. Moreover, you can add a pre-billing mode that you can use to check PCRs for mistakes before they’re submitted for payment.
With this type of advantage, you can reduce collection percentages by as much as 40%. Therefore, you’ll end up increasing your revenue and improving the accuracy of your PCRs at the same time.
When you have this type of advantage, you can also analyze and project your collections and cash flow with greater ease. Because each PCR links to the billing software, you’re able to send invoices to the proper party. This prevents you from sending payment information to the wrong patient or insurance company.
3. Automate Your Billing Process and Save Time
Time is money, and an innovative software program will help you make the most of the time you bill insurance companies and patients. Built-in auto collectors keep you from making mistakes and make it easier to communicate. If an insurer or patient has any questions, you can access files quickly to answer inquiries. This also saves the time you’d otherwise spend looking up information and trying to pinpoint issues.
4. Improve Business Communications
As your recordkeeping improves, so does your business communications. When invoicing is streamlined and transparent, you have fewer problems with communicating with payers. You can also track your invoices to see where you stand operationally. When everything is presented this transparently, you can’t help but improve communicatively.
A Brief Recap of the Benefits
Using a dedicated software for EMS billing will enable you to reduce your total operational expenses. Specifically, you can reduce costs for data storage and protection – good for keeping everything confidential and worry-free.
Automation allows you to save money on postage and mailing as well as boost productivity and morale. When employees spend less time on producing billing manually, they can devote their time to other aspects of your operations.
The Ideal Solution for EMS Providers
If you’re seeking a solution to increase your revenue, cut costs, and improve the services you provide, you cannot overlook the top advantages of using EMS digital billing. Take a closer look at the software to see what you’ve been missing.