Compare Pricing for Medical Billing Software Leaders
Kareo is another cloud-based billing software for small- to medium-sized practices which caters to individual specialized providers in mental health, behavioral health, physical therapy and more. The primary functions of Kareo include patient registration and scheduling, secure messaging system, billing and charge management, billing collections, billing analytics and performance reporting.
Kareo’s scheduling tool helps to manage and track your practice’s entire schedule, from clinicians and patient visits to exam rooms and specialty equipment. With a built-in secure messaging system, communication is supported between the biller, patients and employees.
Common billing codes can be set up as reusable billing templates. As far as managing claims, Kareo deals with the scrubbing, tracking and submission of claims; facilities can also receive electronic payments and resolve any billing issues quickly and easily.
Kareo has over 70 pre-built reports with custom filters and reporting options, offering visual pointers of various key performance indicators such as cash flow, billing effectiveness and past performance comparisons. Another helpful tool is Kareo’s agenda, where you can view a summary of the schedule of patients as well as collect payments and run eligibility checks.
One thing to note about Kareo is that its software is not browser-based; the application needs to be downloaded and installed before it can be accessed. Data is then stored in Kareo’s data centers rather than locally in one’s own device.