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Care management can provide tremendous benefits to both providers and patients if done well. A poorly managed healthcare practice can be harmful to patient care and accrue substantial expenses for the provider. Intuitive care management software can prevent these potential issues by improving health outcomes for patients and producing sizable revenue streams for the provider. Here, we will explore the top 5 benefits of care management software. Care management software alleviates disorganization by consolidating patient information for every care coordination program all in one place.

Both staff and patients will feel more comfortable when healthcare practices are well organized, resulting in better delivery of care. Watch for software solutions with clunky navigation, making it difficult to find the information you need. When care management software is built around a patient-centered care model, patient engagement increases dramatically. The patient-centered care model gives the patient and care team the information they need to take an active role in improving patient health.

Sharing information on clinical status and progress can go a long way towards easing patient fears and earning their trust. When patients feel they can trust their doctor, it becomes easier for the patient to become actively engaged in their health.

Look for care management software that utilizes the patient-centered care approach. Managing care coordination programs manually can take up substantial staff time. With care managers managing up to patients and sometimes more in any given month, costs can skyrocket. Care management software drastically reduces the time spent managing patient care by automating many processes for you. Some software solutions may have guided-interview care plans, walking care managers step-by-step through the development of a patient care plan.

When it comes to billing, partially automated billing and claims features can limit time spent on billing and help ensure accuracy in your claims , protecting you against potential audits. Care management involves strong coordination between the physician, the care manager, and the patient. This communication can easily breakdown, impacting patient health, and increasing costs for the provider.

Intuitive care management software helps practices coordinate care seamlessly with care plan creation, reporting, and flagging tools. When providers can offer strong coordination of care, patients are more likely to become engaged with their health. Having good documentation of your claims and billing, as well as the care you provide to patients is vital to stay compliant with the Centers for Medicare and Medicaid Services CMS should you be audited.

Having a care coordination software that automates much of the documentation and time logging required, and offers intuitive reporting features, can help ease the audit process. In looking for a care management software that will help in those areas, look for features like automatic billing code assigning, easy report generation, and record keeping. There are many care management software solutions available on the market, making it difficult to narrow down your options.

These software solutions range in both price and features, making the buying decision all the more difficult. You may be asking yourself what features are most important? Having worked with over providers across the country, we have seen that while all software differs, there are specific key features present in all good software. In choosing the best care management software, look for a solution that has features that appease most of, if not your entire staff at the practice.

One of the most obvious, but also important features of good care management software is its user interface. You should look for a user-interface that is clean and easy to use, with seamless navigation.

You want your care management information to be easily accessible with the ability to add updates across your patient population. All patient and program data that you need to manage should be at your fingertips. Submitting claims and billing for the programs you are managing is vital to the success of those programs. Intuitive software should feature an easy-to-use billing interface that makes claim submission simple and easy.

Good software should take the guesswork out of claim submission, giving you everything you need such as CPT and ICD10 codes to correctly drop claims. One feature that can really make a care management software stand out from the rest is the quality of their customer support. Also, look for companies that offer extensive and personalized training on their software. The best software solutions even give providers access to clinical and expert knowledge on care management programs that can help your practice meet CMS requirements.

Without proper scheduling tools, the jobs of care managers can quickly become a burden, ultimately translating to worse patient care. All patients should get the care they need and deserve, and this is a great way to make sure no patient gets left behind. Care management software can either integrate directly with EHRs or work harmoniously with EHRs as a supplemental solution , or a combination of the two.

The important feature to look for is an easy, seamless sharing of patient data between the two platforms. Extensive reporting features will keep your practice organized, efficient, and compliant with rules and regulations from CMS. Specifically, look for the ability to generate exportable reports of your patient population, care plan update reports, and monthly billing reports, just to name a few. Having a patient portal built into care management software will improve the quality of care you provide for your patients.

The portal should give your patients access to reports and summaries of their care, see device readings, alerts, and notifications, and allow for open communication with the care team.

These Medicare wellness visits are offered free of charge to your patients each year. Unfortunately, many providers skip this because they are too confusing.

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Stage 3: Steady Growth Growth stage or mature companies that have modest to substantial growth potential, but are not in hyper-growth. Types of Buyers in the Lower Middle Market Software entrepreneurs have a plethora of options in the lower middle market capital arena, including strategic buyers, private equity firms, family offices, independent sponsors, high-net-worth individuals, venture debt providers, and search funds.

Subscribe to Middle Market Review. Bluff Point Associates. Corum Group. TA Associates. International Data Corporation. Palmares Advisors.

Summit Partners. Progress Partners. Goldman Sachs PCI. IGT Solutions. PWP Growth Equity. Roth Capital Advisors. Veronis Suhler Stevenson. MartinWolf Advisors. SFW Capital. FirePower Capital. ESW Capital.

Atlas Technology Group. Clearsight Advisors. Tower Arch Capital. Silverwood Partners. NexPhase Capital. LLR Partners. Sampford Advisors. TS Ventures. Osprey Capital Partners. Valsoft Corporation.



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