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Wednesday, February 2, 2011

Benefits of Using Practice Management System (PMS)



A practice management system (PMS) is an integrated medical software designed for the use by doctor’s & physician’s office. The system aims at simplifying the process of practice management by providing a number of functionality including appointment scheduling, patient record maintenance, claims management, billing management and more.

Often doctors and physicians are confused as to the implementation of the practice management system. Initially it involves purchase and implementation cost. Training is also an important factor – people once used to the manual system find it difficult to switch over to the newer automated system. However, the implementation of the system results into a no. of benefits.

Benefits of Implementation of Practice Management System are as follows - Increased Patient Volume, Enhanced Productivity, Minimization of Claim Rejection, Elimination of Errors, Expedition of Payments, Reduction in Denials, Ensuring Regulatory Compliance and Increased Customer Satisfaction.

 It wouldn’t be wrong to say that the end result of a well-planned practice management system is enhanced productivity, improved revenue, better profit margins and patient satisfaction.

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