How Can Cloud-Based PM Software Streamline Your Billing Process?
Medical practice management software has proven to be a very valuable tool for physicians and their staff for years. Tasks such as managing patient information, charge capture, patient billing, appointment scheduling, and a variety of reports are automated and easier through medical management software applications. Medical software is sometimes referred to as physician office mgmt. software or medical information systems. With the advent of cloud-based practice management software, does this take a valuable tool another step further or is this just a passing fad for medical offices and physicians? Some clear advantages to cloud-based medical computing solutions include:1. Readily accessible with minimal hardware/software investment. The pay-per-use model keeps initial costs down.2. Automated, real-time backup of critical files and systems is provided.3. A solution is available without the need for installation or software management by the client.4. A growing number of platforms are available including PC/laptop, smartphone, iPad and tablet devices. For the cloud-based medical management software market space, there are an increasing number of solutions available for physicians and medical offices.When evaluating a software solution, physicians should consider several features and options:How will cloud-based medical practice software improve the physician’s clinical workflow efficiency? Would instant-access to the software really save time?
Can the cloud-based practice management software improve reimbursements from insurance providers? Does it provide consistent coding and automated submittals?
What platforms are currently available as part of the medical practice management software today? What platforms are planned in the future and how soon will they be released? Can the physician office use the platforms that are currently available? For example, there is no need to pay for an iPad version if the medical office is not planning on investing in iPads.
Does this improve the patient experience? Does the medical practice software allow the doctor to spend more time with patients? Or will the physician have to spend more time behind a desk typing?
How flexible are the cloud-based medical management options? For some practices, an a la carte menu provides the needed flexibility. For other practices, having a “packaged” solution keeps things simple and easier to manage. The medical practice should review based on their specific needs and budget.As a greater number of medical professionals migrate to mobile computing, having a cloud-based practice management solution will become mandatory. Careful evaluation of features along with appropriate examination of the software budget should give physicians a solution that can greatly improve not only the billing process but all medical office management tasks.
Ways to Save Money on Tickets and Hotel Bookings While Travelling Abroad
In continuation of our previous article wherein we had discussed different ways to save money while travelling abroad, here we discuss some of the ways how we can effectively book Air Travel tickets and do Hotel Bookings.1) One of the ways to save money while booking your air travel tickets is – get quotations from a number of travel agents. Find out the best price option and then negotiate with that travel agent to get an even better price. Also, be on the lookout for best last minute travel deals. Such sort of offers can help you save money, as you can book your tickets at a good discount.2) Try to make sure to have your meals and extra baggage included in the net priced of your air travel tickets. This will also save money for you as you don’t have to pay any extra costs in the tickets.3) In addition to looking out for best last minute travel deals, if possible, then try to get the flights booked around mealtimes. In this way, you get your lunch / dinner included in the price of your air travel tickets, and you can save some money. Also, there is no harm in asking for extra food on the plane.4) One of the ways to save money while searching for accommodation is – Try to do online hotel booking. You can find a wide selection and options on the internet as compared to when you go the offline route through your travel agent. You can compare the prices and then do the booking. Further, check for independent hotel reviews, which are given by the travelers who have already stayed at these hotels. By going through these independent hotel reviews, you can have a fair idea of the kind of accommodation and services which you can expect for your budget. After all, our aim is to save money, so it is better to spend some time on the internet to find out if the hotel is really asking for the correct price for its offered services.5) Another important point among the ways to save money during online hotel booking is — while negotiating the price of the hotels, do make sure to negotiate with them the basic things like complimentary breakfast, internet facilities, and if possible, then complimentary pick up from the airport and drop off at the airport. Also, If it is an off season, then many airlines/ travel agents can also offer best last minute travel deals on hotel packages in order to get confirmed clients. So, it is better to have regular updates from your travel agents and from the internet. Having this information can help you save money while travelling.Here we have discussed some ways to save money on air travel tickets and hotel bookings. For more such articles, do visit & subscribe to our Blog.I Hope you have enjoyed reading this article. As always, comments are welcome and encouraged. Cheers…
Understanding the Ins and Outs of Payday Loans
Financial problems can be extremely stressful especially if you need the money instantly. Emergency expenses such as for health reasons, tuition, bills, repairs, mortgage on imminent due date, and more can strike when you least expect it. For average-earning employees, facing these financial deadlines could mean sleepless nights and inevitable headaches. So, what could be a possible solution? You may opt to apply for what is referred to as payday loans.DefinitionPayday loans are generally short-term loans that offer a quick solution to your financial woes and can be paid on your next payday, hence, the name. Most of these payday loans are offered to people who needs money urgently and are willing to repay during the next payday with a hefty interest factored in. Payday loan companies are now growing at a considerable rate, making it one of the industries often searched on the web. Availing this loan is considered simpler as compared to other loans that banks and financial institutions offer.The CriteriaPayday loans are unique in terms of the application, processing, as well as the turn-around time. While most of the lenders boast ‘a no credit checking’ system, borrows still need to pass certain criteria to qualify. For example, borrowers must be of legal age and must possess a bank account. Another important requirement is to provide a document that would ensure that you have a steady earning and would be able to repay the amount loaned on time. Many lenders require completion of a document before the loan is processed. One of the easiest and most convenient method to apply is by sending all forms and requirements online. It is also vital to point out that such type of loan is far more lenient than traditional loans you know. For instance, people with awful credit score may still avail of the services.The Amount and the Payment TermsGenerally, the loanable amount varies per state or per country. For instance, in the US, there are still states where payday loans are deemed illegal. However, in some states, borrowers can borrow between $50- $10,000 depending on the credit score. It is important to understand; however, that even if you borrow a hefty amount of money, you still have to repay it within a short period of time.Lenders also charge borrower’s interest rates called the APR (short for the Annual Percentage Rate). Although states have their own ways of imposing strict APR’s on loans, the interest rate calculated on payday loans is still considerably higher than the regular type of loans. An average of 20% of you loaned amount is a conservative estimate of the interest that could be possibly added to your loan principal. A rolling interest is imposed once a borrower fails to pay right on time. It is always best to check whether your state has specific restrictions on payday loans to avoid any unnecessary charges. Get to know the local regulations and you would be able to apply for a loan with no problem at all.The BenefitsAvailing short-term loans can be advantageous, too. Check the following list to further understand the upside of this type of loan:• Easy processing of the loan. As most applications can be completed online, approval and release of loan can be done within the day. Most providers deposit the amount loaned within 24 hours or the following business day. Having a quick access to money is one of the biggest advantages of this loan.• Convenient repayment channels. There is no need to go to the office as borrowers can repay their loaned amount through an auto-debited account. This is why an active current or checking account is necessary to provide upon the application period.• Having a bad credit history is not a problem. Most banks would turn down applicants with bad credit standing. With payday loans, this point is waived.• No collateral required. No hassle and no other documents required apart from the application form ad banking details.The Downside• Not all states are legally authorized to offer payday loans. You must check this info first.• The cost and fees are considerably high. The APR, as well as processing fees, can be higher than other types of loans. If you are unwilling to pay for massive interest rate, then it is better to study your other options well.• Being unable to pay on time also leads to bigger penalties and interests.With a number of payday loans providers, it is a must to make comparisons. For instance, reading reviews will be helpful. Borrowers must also remember that these loans are designed to provide a solution. Therefore, it is a must to repay on a timely manner. Otherwise, a bigger financial problem may come your way. In other words, use payday loans as a way to resolve the problem and not as a platform to get into a bigger one.