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Glossary Terms

What is Practice Management Software?

Glossary

Practice management (PM) software aims to support operational efficiency and patient care delivery by simplifying the management of crucial functions such as revenue cycle management and appointment scheduling. Both financial and administrative work can be managed using practice management software. Some of the primary features include the ability to enter and track patients, record patient information, schedule appointments, capture charges, and manage billing and insurance claims.

Depending on the size of a practice and its technical requirements, PM software can be set up on a local server or as a cloud-based solution. Practice management software with interoperability features can also be connected to third-party applications to improve usability and functionality.

What Does PM Software Do?

There are countless options available when it comes to choosing a PM software, but the best solutions will help practices accomplish a variety of tasks. Through the implementation of PM software, practices should be able to speed processes, improve patient care delivery, and support professional satisfaction amongst team members.

The primary functions of a PM software include:

  • The ability to enter and track patients as they schedule visits and develop a care plan with their provider. Some solutions can tie into electronic health record (EHR) systems.
  • Support in managing billing procedures such as aiding in the submission of insurance claims and processing payments from patients and insurers.
  • Generate reports for staff members to review, which can help improve future scheduling practices, patient care delivery, and quality of patient care and the patient experience. 
  • Revenue cycle and operational analytics options.

Other benefits of PM software come in the form of better operational efficiency, which can help speed processes and reduce administrative costs. 

How TempDev Can Help With Your Practice Management

TempDev’s team of experienced consultants, developers, and trainers is here to support your revenue cycle management and scheduling needs. This enables you and your patients to have more control over data and improve patient engagement.

As part of our streamlining process, we help you implement the Patient Portal, API, and other tools to better support your revenue cycle. TempDev offers the comprehensive resources and tools you need to ensure maximum receivables from dashboards to automation and workflow redesign. 

Contact us here or by calling us at 888.TEMP.DEV to improve your medical billing and patient scheduling experience.

Related terms:

Medical Scheduling SoftwareRead article
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