Almost no software programs are as effective or productive as those with "helper" software ... MedOffice™ provides you with impressive programs that have become the absolute elite of the electronic claims processing industry! Practice Analysis Wizard This application is a powerful marketing tool. It has been designed to let the user compare the actual costs of processing medical claims in-house versus the potential costs of processing claims electronically through a MedOffice representative. Most providers do not have a clue as to what they are really paying for claims billing services. An average medical office spends from $7.00 to $12.00+ per claim. With MedOffice, you can process claims for $3.00 to $5.00 per claim, plus the provider benefits by receiving their insurance checks within a week or so. When you enter your prospective medical client claims billing data. In just seconds, the Practice Analysis Wizard calculates complex equations that clearly show how much they are actually paying and how their costs compare with the national average. This software generates formatted reports that include table and graphical analysis showing the savings of electronic billing and outsourcing. These reports can be printed out on a printer, or exported to a Microsoft Word document and inserted into proposals. The concept of this application is based on the various direct and indirect costs incurred in processing medical claims, such as: Labor and Administrative Costs, Postage, Supplies Costs, Error Processing, Time Value of Money, Upgrades, Billing Area Square Footage, and other associated factors. |
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| The Practice Analysis Wizard allows you to perform analysis that compares claims cost (manual vs. electronic) or you can perform a complete practice analysis that shows the cost of the whole medical billing operation. You can also calculate these comparisons based on per claim fee or a percentage fee. |
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