Precision Practice Management vs. NowMD

If you're thinking about outsourcing your revenue cycle management, whether in full or in part, Precision Practice Management has the expertise and understanding needed to help you tackle the ongoing challenges in this vital area. They address all elements of revenue cycle management, such as compliance, credentialing, coding, claims processing, clearinghouse edits, electronic lockbox solutions, claim denial management, detailed reporting, and financial analysis, among other services. Although your in-house team may be proficient in various aspects of medical billing, they also juggle numerous critical clinical duties that require their focus. As a result, billing responsibilities may not always receive the attention they truly need, potentially leading to inefficiencies. In contrast to your internal staff, Precision's specialized medical billing experts dedicate their efforts exclusively to billing, guaranteeing that it is managed with exceptional skill and effectiveness. This concentrated strategy not only enhances your practice's performance but also ensures that you have peace of mind knowing that your billing processes are handled by true professionals. By choosing to collaborate with Precision, you can free up your team to focus on patient care while optimizing revenue flow.

NowMD represents an innovative and cost-effective software solution designed specifically for healthcare practices and medical billing services. This platform streamlines the billing process for both insurance companies and patients concerning professional healthcare services. The Appointment Scheduler included in NowMD is expertly designed to optimize the management of patient appointments. With features like appointment templates, recurring booking options, and waitlist management, this tool significantly boosts the billing efficiency of NowMD. Employees can conveniently clock in and out from any computer running NowMD, which simplifies payroll processing with comprehensive reports on work hours. Moreover, NowMD is capable of producing ANSI 5010 compliant electronic claim files that work with various integrated clearinghouses, facilitating smooth claims submissions to insurance providers or other clearinghouses. The software also enhances the payment process by automatically generating payments and adjustments through Electronic Remittance Advice auto-posting, which contributes to a more efficient workflow for healthcare practices. In essence, NowMD is a holistic tool that combines vital features for effective healthcare management, ensuring that practices can operate smoothly. Its user-friendly interface makes it accessible to all staff members, further promoting efficiency within the organization.