Medical billing software comparison Compare Medical Billing Services vs EchoVantage vs Kareo, Crozdesk

Medical billing software comparison

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Compare Medical Billing Services vs EchoVantage vs Kareo

Medical Billing Services

EchoVantage

Software Description

As one of the leading providers of medical billing services, MGSI has the experience to provide you with multi-specialty medical billing services utilizing a management team that has been together for 24 years. As an A+ rated company with the Better Business Bureau and having met mandatory Compliance/HIPAA standards, MGSI can assure you the highest level of security and protection of PHI. Operating for 24 years providing healthcare revenue cycle management to over 600 physicians across the country MGSI affords you the highest level of medical billing and collections services along with the expertise to help you navigate the constant changing healthcare environment.

As the healthcare delivery system continues to be more complex and difficult to navigate having an outsourced medical billing partner like MGSI has never been more essential. With MGSI as your revenue cycle management partner, your revenues will increase, your days in A/R (ar follow up in medical billing) will be reduced and you and your staff will be kept informed of all regulatory changes that can impact your ability to maximize your clinical efforts. MGSI software and processes provide your practice 95% first claims pass acceptance, 96% of claims paid in 30 days and 99% of payer claims collected which equates to smoother revenue stream, better collections and increased profitability. Did you know that, on average, medical practices are underpaid approximately 14% to 23% of their gross revenues? That translates into $30,000 to $50,000 per physician annually. Don’t let that happen to you.

Software Description

The Echo Group develops and implements enterprise-grade software designed exclusively for behavioural health organizations across the United States. Echo’s suite of tools includes visual electronic health records, government reporting and compliance, clinical and financial decision support, and medical/government billing functions. Our software for managed care organizations is deployable as self-hosted or Software as a Service (SaaS).

Additional services include Revenue Cycle Management (RCM), Information Technology support, and Fiscal and Clinical Process Workflow Analysis. We also offer forms (screen) design tools to capture information the way you require, mobile assessment tools, and integrations unique to states and counties required to comply with local regulations.

Privately held since 1980, The Echo Group is headquartered in Conway, New Hampshire with an additional office in California. Echo’s applications have been used across the country for over 35 years with the primary purpose of addressing the needs of Human Services and Behavioral Health organizations during our entire history.

Software Description

Kareo is a platform that offers efficient solutions for healthcare administration, such as medical practice management, billing, electronic health records, and appointment scheduling.

This software primarily serves smaller clinics, automatizing essential administrative tasks. It is built to be used in physician centers, offering an affordable and useful solution for the whole revenue cycle management.

Thanks to Kareo’s user-friendly interface, administrators are able to monitor appointments, make approvals, and attain laboratory analyses. It allows patients to see their medical records and all relevant information.

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