Whether you’re operating a cardiology practice or work in the area of pediatrics, it’s essential for your business to use a robust system to keep track of your patients and billing and provide a smooth workflow. PrognoCIS provides a comprehensive solution with its highly customizable electronic health record (EHR) software system. Their medical practice management software allows your practice to meet the needs of your patients and make sure your business is getting paid quickly. It makes billing management more efficient and simpler to execute. Integrating it with QuickBooks can also make it easier to transfer your financial figures over to your bookkeeping ledger. Having clear and accurate accounting for medical practices is essential in maintaining a high level of productivity. It can also help you learn more about the current and long-term financial health of your business.
Providing Solutions for Each Process of Your Medical Practice
Managing your electronic health records can be done efficiently by utilizing PrognoCiss medical practice management software. You can customize your EHR workflow to your specific specialty and use the system via the cloud or locally. The Patient Portal allows you to send out appointment reminders, share lab results and work with prescriptions. The Practice Management area allows you to identify patient eligibility and reconcile patient accounting and insurance billing. Using the Revenue Cycle Management service makes it more efficient to process claims and handle statements that are connected to each one of your patients. Combining these essential segments with Medical Billing Services can help your business collect payments effectively and efficiently. Using the income figures you receive in the software and transferring them to accounting software like QuickBooks makes it easier to handle the bookkeeping for medical practices like yours. Bringing in an expert to assist with this to help ensure the reduction of costly errors, is advantageous if you chose to integrate your software. CPAs for medical practices are highly proficient with these types of tasks.
Higher Productivity From Your Medical Billing
The PrognoCIS medical practice management software system provides you with a dedicated Revenue Cycle Management (RCM) client services manager. Besides eligibility checking, it gives you data on claim follow-ups, denials and appeals. You can quickly find updates on the current status of insurance payments.
Using RCM data is essential in the bookkeeping for your medical practice and our seasoned accountants here at Fusion CPA are here to help make sure your bookkeeping is error-free. Using an accountant for medical practices like yours can open up a wide range of possibilities when it comes to analyzing your bookkeeping and assisting with tax planning strategies. You’ll have access to a CPA who is highly educated and experienced with the tax rules that apply to several different specialties within the medical field. Providing you with expertise and knowledge can assist in saving you money when you pay your tax liabilities.
Assistance With Long-Term Goals
Using a software solution like PrognoCIS can keep your practice on track and boost productivity. Receiving assistance from a financial adviser from our CFO business advisory for medical practices service can help greatly as well. They can analyze the revenues received by your practice and create short-term and long-term financial strategies. Having an experienced CFO examine the processing of your patient statements can help ensure that you are making the appropriate profits for the medical services you are providing. A CFO can also be beneficial if you’re thinking about obtaining financing or designing a compensation plan.
Successful medical practices start with having a healthy business framework and taking advantage of our CFO business advisory for medical practices service, the assistance of a CPA and PrognoCiss software can help give you structure, as well as drive your medical practice forward towards your productivity and financial targets. You can learn more about our services by clicking the button below to schedule a complimentary discovery call today!
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This blog article is not intended to be the rendering of legal, accounting, tax advice or other professional services. Articles are based on current or proposed tax rules at the time they are written and older posts are not updated for tax rule changes. We expressly disclaim all liability in regard to actions taken or not taken based on the contents of this blog as well as the use or interpretation of this information. Information provided on this website is not all-inclusive and such information should not be relied upon as being all-inclusive
