Running a More Successful Practice – Part 1
Running a more successful practice starts with selecting, evaluating, purchasing, and integrating a software system that is right for you and your practice. With the correct software system, your practice will run more efficiently and profitably without disregarding or sacrificing patient care.
Keys to choosing a software system that’s right for you
- When choosing a system, consider the initial financial investment, upkeep and maintenance costs, and the quality of technical support.
- Systems that offer the greatest benefit to practices will have the most comprehensive integration with data seamlessly connected and shared between scheduling, billing, and electronic medical records.
- In order to simplify your practice’s day-to-day procedures and routines, your system’s data should be instantly accessible, both onsite and remotely, and formatted to be easily read.
- Properly calculating your practice’s current financial standings will help you budget for the system that is right for you. Some softwares can be purchased directly or leased to purchase.
- With the right system, outstanding transactions will be easier to identify, creating more efficient strategies for both collecting income and preventing loss of income.
- Understand the differences between renting software and owning software. Data within a rented software system (often seen in cloud/internet based systems) is not owned by the user. Some companies that rent software may sell your patient data to third parties! Owning your software means owning your data and control over it.