Physician Practice Management

Running a medical practice is not an easy task and many practices seek a physician practice management solution to help with patient scheduling, managing medical records and handling finances. Most physician practice management systems provide a variety of tools that can streamline operations, automate routine tasks and even provide patients with self-service options for scheduling appointments, requesting prescription refills and viewing their medical records. Some management systems can integrate electronic health records (EHR) with financial data and administrative information, allowing data to flow more freely and efficiently throughout the organization. With the right physician practice management software, administrators can increase efficiency, manage the revenue cycle more effectively and ultimately improve the bottom line for their practice.

Web based physician practice management software offers a more affordable solution.

While the smaller medical practice can benefit from management software just as much as a larger practice can, the reality is that many smaller practices or independent physicians may not be able to afford most of the solutions on the market today. Many practice management solutions require an expensive purchase of hardware and/or software upfront as well as an IT staff to install and maintain the system – expenditures that the smaller physician practice just can't justify. For these practitioners, a web based management system offers a more affordable alternative. With a web based physician practice solution there is no software or hardware to purchase or install. Physicians and administrators can access their practice management system online – from the practice, at the hospital or even from a home office. Patient records and financial data reside at a secure data center with redundant systems, providing a greater level of security. The only ongoing cost to the practice is an affordable monthly subscription charge.

Centricity Advance combines EMR management with physician practice software.

Centricity Advance, a practice management software solution from GE Healthcare, is a leading solution for the smaller practice. Centricity Advance combines physician practice management tools with electronic medical records software and a patient portal for a comprehensive solution that can be implemented quickly and affordably. Most practices find they can transition to Centricity Advance and electronic health records in as little as four weeks, with data migration and training included.

Centricity Advance allows the medical practice to:

• Streamline administrative tasks in order to get more work done with fewer full-time staff.
• Improve revenue cycle management by submitting more accurate insurance claims, tracking patient co-pays, processing electronic transactions for faster payment and more
• Use electronic health records to consolidate patient data in a single record, give physicians better access to data for more informed decisions, and coordinate care more effectively among multiple providers
• Offer patients self-service access to scheduling appointment, requesting refills, viewing lab results, communicating with their physician and consulting their medical records
• Track patients, finances and administrative tasks more efficiently with detailed management reporting and analysis functionality

Learn more now about Centricity Advance as well as electronic medical billing software and how to qualify for financial incentives by demonstrating EMR meaningful use.