Kareo Medical Billing software is an all-in-one practice management solution for independent practices. Despite some feedback about limited reporting options, users appreciate its robotic process automation, managed billing services, and dedicated billing partner program. Overall, the platform helps practices optimize billing efficiency and focus on delivering quality patient care.
Kareo Medical Billing Specifications
Appointment Management/Scheduling
e-Prescriptions
Lab Integration
Patient Portal
What is Kareo Medical Billing?
Overview
Kareo Medical Billing Software, now known as Tebra, is an all-in-one, cloud-based practice management software that simplifies administrative workflows and billing processes. It enables physicians to verify insurance eligibility, improve claim accuracy, and reduce denials with automated billing tools. Key features include claims management, patient statements, scheduling, analytics, a patient portal, and insurance eligibility verification.
What Is Kareo Medical Billing Best For?
The software's appointment scheduling feature streamlines the booking process for medical practitioners by enabling efficient appointment management. Providers can schedule appointments, allocate time effectively, and reduce scheduling conflicts. Real-time availability allows staff to identify suitable time slots for patients, while automated appointment reminders help improve patient attendance and reduce no-shows.
Kareo Medical Billing Pricing
Kareo Medical Billing Integrations
Kareo medical billing software integrates with over 60 different EHRs. It also offers APIs to connect with third-party applications.
How Does Kareo Medical Billing Work?
Here's how you can make use of the software's features after logging in:
- Input relevant details such as patient data, medical history, and insurance information
- Create new appointments, reschedule existing ones, and ensure your practice schedule is optimized
- Create and manage patient notes, providing comprehensive and accurate documentation for better patient care
- Streamline the medical billing process, generate invoices, and provide accurate reimbursements
- Minimize billing errors by verifying patient insurance information instantly
- Tailor templates to your practice's specialty
- Generate reports that will help you track trends and identify bottlenecks to improve practice efficiency
Who Is Kareo Medical Billing For?
Kareo caters to medical practices of various sizes, from individual practitioners to medium-sized clinics. It is suitable for billers and payers and is used across various specialties, including:
- Allergy
- Cardiology
- Endocrinology
- Dermatology
- Neurology
- Obstetrics/Gynecology
- Oncology
- Ophthalmology
Is Kareo Medical Billing Right For You?
If you are a small medical practice looking to streamline your medical billing processes, manage patients, and enhance practice efficiency, Kareo medical billing software can be an ideal fit. The software provides versatile patient scheduling capabilities, streamlined collection processing, revenue cycle management, effective management of accounts, personalized reporting options, insurance verification, and more.
Additionally, the solution is HIPAA and ICD-10 compliant and ensures data safety and privacy. Even though specifically designed for small practices, the software can also cater to medium-sized organizations. Kareo software also offers a mobile app for iPad and iPhone, offering easier accessibility.
Still unsure if Kareo's software is the right choice for your practice or billing company? Contact us at (661) 384-7070, and we will be happy to help you make the best decision.
Kareo Medical Billing Features
Medical staff can input patient visit details, procedure codes, diagnosis codes, and other relevant information directly into the system for efficient billing. The software intelligently validates the codes to ensure compliance with billing regulations and minimizes the risk of errors.
This interactive, user-friendly platform allows patients to access their health information, view appointments, make payments, and securely communicate with their healthcare providers. It promotes patient engagement and empowers them to actively manage their health journey, all while adhering to data privacy standards.
Through intuitive visualizations and data-driven metrics, medical providers can monitor key indicators, identify trends, and make informed decisions. This feature aids in optimizing operational efficiency, identifying revenue opportunities, and strategizing for future growth.
This feature streamlines and helps track claims, ensuring accurate and timely submission to insurance carriers. Moreover, the system intelligently detects errors or discrepancies, minimizing denied claims and rejections. This proactive approach helps practices optimize reimbursements, improve cash flow, and strengthen overall financial health.
This feature aids practices in enrolling with new insurance carriers efficiently. Kareo centralizes the required information and automates documentation submission, ensuring practices can quickly become credentialed with various payers. This streamlines the revenue cycle by minimizing delays caused by insurance credentialing.
Robotic process automation enhances efficiency by automating routine tasks and streamlining the entire medical billing process. This intelligent feature can handle eligibility checks, claims status inquiries, and appointment reminders. By reducing manual labor, practices can allocate resources strategically and focus on delivering quality patient care.