billrMD is a comprehensive, cloud-based Practice Management (PM) and Revenue Cycle Management (RCM) solution tailored for medical practices, billing companies, laboratories, and Independent Diagnostic Testing Facilities (IDTFs).
Product Overview & Key Benefits The platform is a 100% web-based, HIPAA-compliant application, eliminating the need for additional software downloads and providing 24/7 accessibility from any internet-connected PC. It is designed to simplify and automate the entire revenue cycle, leading to increased billing accuracy, enhanced efficiency, and faster reimbursements.
Main Features and Capabilities
- Patient Invoicing & Billing: Create, customize, and track patient invoices effortlessly. Supports balance and ledger statement formats and allows for personalized branding.
- Electronic Claims Submission: Features an integrated clearinghouse for submitting error-free claims to insurance companies and government payers.
- Revenue Cycle Management (RCM): Includes claims scrubbing, denial management, and Electronic Remittance Advice (ERA) for simplified payment reconciliation.
- Practice Management: Offers a robust, customizable scheduler with drag-and-drop functionality and automated appointment reminders (via text/email) to reduce no-shows.
- Financial Insights: Provides customizable reports and real-time analytics to track key billing metrics, monitor claim statuses, and analyze payment trends.
- Patient Engagement: Includes a HIPAA-compliant Patient Portal and a dedicated Patient App (for iOS/Android) for patients to view statements, make secure payments, and manage appointments.
- Credit Card Processing: Facilitates secure online payments via credit cards, debit cards, or bank transfers with automatic reconciliation.
Target Users and Use Cases It is particularly well-suited for startup, small, and midsize medical practices, as well as billing companies, laboratories, and IDTFs looking for an affordable and scalable solution to manage their revenue cycle and practice operations efficiently.
