Practice management refers to the various responsibilities and actions required to run a functioning and efficient medical practice. Practice management software is the platform that makes this efficiency possible, ensuring hospitals and medical centers aren’t utilizing a separate tool for every need. These expansive tools can combine billing, medical scheduling, claims processing, patient data and updates, administrative processes, and employee workflows, just to name a few. These tools often allow for uploading files and documents to record patient medical history and keep insurance information on file. Administrators can use tools to update records for accurate documentation. Practice management tools can integrate with insurance solutions or be entirely utilized by third-party medical billing companies. Practice management software is utilized directly by medical institutions and is not for use in other industries.
To qualify for inclusion in the Practice Management category, a product must: