Best Practice Management Software 2021 - Overview

  • Overview
  • Buyer's Guide
  • Resources

Practice Management software is a system (complete with EHR integration and medical billing functionality) that helps streamline all the important administrative functions of a medical practice, expedites insurance claims, automates scheduling and insurance verification, and saves time and resources do that medical office staff and medical providers can focus on patient care.  

The top features and functionality of Practice Management software include:

  • User-Friendly System Interface
  • Electronic Insurance Claims
  • Insurance Eligibility Verification
  • Coding Converter
  • Scheduling Tools (Patient and Staff)
  • Integrated EHR
  • Reporting and Analytics
  • Customization Options
  • Secure Mobile Access
  • Revenue Cycle Management (RCM)
  • Two-Way Communication with Patients and Staff
  • Customer Support

There are many Practice Management software solutions available on the market. Many are customizable to the intricacies of different medical practices while others offer specialized tools and features dedicated to a particular type of mental or physical care.

The benefits of Practice Management software are:

  • Minimize the time spent in managing patient records and charts.
  • Increase the security, reliability, and accuracy of patient records and information.
  • Improve patient data accessibility with easy-to-use records, charts, and information whenever needed during the course of a patient’s care.
  • Eliminate, or drastically reduce, manual data entry to minimize mistakes due to human error.
  • Reduce payment delays: the solution will check that all services and procedures are billed, minimize claim errors, and maintain an electronic record of bills and their lifecycles.
  • Spend less time collecting bills, and more time helping patients.
  • Better handle coverage and reimbursement issues.
  • Ensure compliance with government and industry regulations (and avoid hefty fines).
  • Improve the quality of patient-physician interactions to boost patient loyalty.
  • Streamline administration and management processes and reduce employee turnover.
  • Run the practice more efficiently.

Historically, medical practice software fell into a few different categories: Practice Management, Electronic Health Records (EHR), and Medical Billing Software. While many software vendors still offer point solutions that practices can implement separately and integrate into all their other systems, there’s been a shift toward all-in-one solutions. Many practices, even small ones, are choosing to implement software systems that offer all the tools they need for administration, billing, and secure electronic health records storage.

Due to the advent of cloud-based practice management software, smaller practices can now afford to implement tools that they would have had to wait to use in the past. Cloud systems are more affordable and make compliance easier since they’re designed to all the regulations in the industry (and updated regularly at no cost to your practice outside of your monthly fee for using the software).

As a result, most of the leading Practice Management software vendors now offer completely integrated software systems that include tools for practice management, secure and compliant health record storage, and billing all in one easily accessible system. Depending on the size and needs of your practice, this may be the best solution overall for most practices, but it’s best to understand exactly what is offered in the solution you choose.

Top 10 Practice Management Software
  • Benchmark
  • Nextech
  • AccuMedic
  • DUXware Practice Management
  • Quest Quanum
  • TheraOffice
  • Remedly
  • CentralReach Therapy Practice Management and EHR
  • Azalea Health
  • First Insight MaximEyes
  • List View
  • Chart View
  • Grid View
Cost (All)
 
Platforms (All)
 
Company Size (All)
Product Name
Wheelhouse Score
Rating
Features
Pricing
Select product
Benchmark

By Benchmark Systems, Inc.

Wheelhouse Score
4.23/5
Excellent
Rating
4.70/5
Excellent
Features
5.00/5
Excellent
Pricing
Lower-Cost

Benchnmark (formerly Antworks) Healthcare is much more than a typical technology provider. Like you, we have a passion for care. We’ve made it our mission to help physicians and healthcare providers practice medicine more efficiently. Our fully-integrated suite of solutions, which includes AntWorks ...

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Nextech

By Nextech

Wheelhouse Score
4.16/5
Excellent
Rating
5.00/5
Excellent
Features
4.49/5
Excellent
Pricing
Lower-Cost

A study of the Nextech Practice Management shows it to be a very comprehensive practice management solution that has a large list of tools and resources.  It spans the full range of practice sizes starting from single practitioner clinics and going up all the way to large practices with multipl...

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AccuMedic

By Accumedic Computer Systems, Inc.

Wheelhouse Score
4.10/5
Excellent
Rating
4.50/5
Excellent
Features
4.80/5
Excellent
Pricing
Lower-Cost

AccuMed PM is a practice management software, published by Accumedic Computer Systems, Inc. It boasts a highly flexible framework, making it a great choice for practices of any size and scope. The system comes with a revolutionary Electronic Health Record software solution which provides a user-frie...

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DUXware Practice Management

By Medical Practice Software, Inc

Wheelhouse Score
4.04/5
Excellent
Rating
5.00/5
Excellent
Features
4.13/5
Excellent
Pricing
Lower-Cost

DuxWare is a cloud-based practice management and EHR solution that has been leading the industry for over 25 years. With DuxWare, you:

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Quest Quanum

By Quest Diagnostics

Wheelhouse Score
3.91/5
Above Average
Rating
4.10/5
Excellent
Features
4.64/5
Excellent
Pricing
Lower-Cost

Quest Quanum Practice Management is part of the Quest Quanum suite and comes bundled with Quest Quanum Electronic Health Record and Quest Quanum Medical Billing. The solution is web based and runs off the Quest Quanum cloud. Users do not need to procure any additional hardware or software to run the...

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TheraOffice

By TheraOffice

Wheelhouse Score
3.70/5
Above Average
Rating
5.00/5
Excellent
Features
3.11/5
Above Average
Pricing
Lower-Cost

TheraOffice is the only EMR and Practice Management Software designed by physical therapists everywhere to be the most adaptable to your unique business.

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Remedly

By Remedly

Wheelhouse Score
3.59/5
Above Average
Rating
5.00/5
Excellent
Features
2.76/5
Above Average
Pricing
Lower-Cost

Remedly combines all of the software your medical clinic, aesthetics practice, or medspa needs into one integrated solution. Remedly's future-proof platform saves time and your sanity by automating time-consuming tasks while streamlining the entire clinic’s workflow.

Wheelhouse Score
3.52/5
Above Average
Rating
4.50/5
Excellent
Features
3.06/5
Above Average
Pricing
Lower-Cost

One End-to-End Software to Make Your Therapy Practice Thrive. CR Practice Management is a single centralized solution to manage all your practice needs. From billing and scheduling to effective authorizations and claims management, increase your productivity by integrating all your ABA critical work...

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Azalea Health

By Azalea Health

Wheelhouse Score
3.47/5
Above Average
Rating
4.00/5
Above Average
Features
3.42/5
Above Average
Pricing
Lower-Cost

The fully integrated, cloud-based Azalea EHR, RCM, Telehealth and Professional Consulting Services suite enables community hospitals, rural health clinics, and practices of all sizes and specialties to tailor a sophisticated solution that meets all of their business needs at a fraction of the comple...

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First Insight MaximEyes

By First Insight

Wheelhouse Score
3.44/5
Above Average
Rating
4.50/5
Excellent
Features
3.83/5
Above Average
Pricing
Mid-Range

First Insight Practice Management services are provided by First Sight Vision Service, Inc. The company is a leading doctor service provider focusing on optometrists in California. The company acts as an outsourced agency for qualified Optometrist. By doing this, Optometrists are able to concentrate...

Learn more about Practice Management Software

What is Practice Management Software?

Practice Management software is a suite of centralized tools that help organize and improve operations for medical practices. Practice Management software helps clinics and private practices streamline administrative processes to keep the practice running smoothing, making profits, and serving patients with quality, streamlined care.

What is the Purpose of Practice Management Software?

The purpose of Practice Management software is to Practice management software (PMS) is a type of software program used to operate medical and healthcare practices. Its core purpose is to help organize administrative tasks, streamline appointment bookings, simplify invoice creation and billing, and manage client or patient medical records.

What is Meant by Practice Management?

Practice Management means properly organizing and managing all the business data and operations necessary for a medical practice to stay functional and profitable while delivering quality care to patients. Practice Management may include elements of financial management, human resources, and IT for a holistic approach to managing the business functions of a medical practice.

What is the Difference Between EMR Software and Practice Management Systems?

The difference between EMR software and practice management systems is that an Electronic Medical Record (EMR) software stores patient records, history, medications, immunizations, and treatments provided by the medical practice, while practice management software is a set of tools for managing the administrative and business side of medical practice. 

What are the Common Features of Practice Management Software?

The common features of Practice Management software include:

  • User-Friendly System Interface
  • Electronic Claims
  • Insurance Eligibility Verification
  • Coding Converter
  • Scheduling Tools (Patient and Staff)
  • Integrated EHR
  • Reporting and Analytics
  • Customization Options
  • Secure Mobile Access
  • Revenue Cycle Management (RCM)
  • Two-Way Communication with Patients and Staff
  • Customer Support

What are the Benefits of Practice Management Software?

The benefits of Practice Management Software are:

  • Minimize the time spent in managing patient records and charts.
  • Increase the security, reliability, and accuracy of patient records and information.
  • Improve patient data accessibility with easy to use records, charts, and information whenever needed during the course of a patient’s care.
  • Eliminate, or drastically reduce, manual data entry to minimize mistakes due to human error.
  • Reduce payment delays: the solution will check that all services and procedures are billed, minimize claim errors, and maintain an electronic record of bills and their lifecycles
  • Spend less time collecting bills, and more time helping patients.
  • Better handle coverage and reimbursement issues.
  • Ensure compliance with government and industry regulations (and avoid hefty fines).
  • Improve the quality of patient-physician interactions to boost patient loyalty.
  • Streamline administration and management processes and reduce employee turnover.
  • Run the practice more efficiently.

Who Uses Practice Management Software?

Medical clinics, private practices, and behavioral and mental health practices all use Practice Management software to streamline administrative work and make daily processes more efficient. 

What are the Challenges with Practice Management Software?

The challenges with Practice Management software include:

  • Time constraints for providers
  • Creating and adhering to technology standards 
  • Mobility
  • Payment processing and options 

How to Buy Practice Management Software?

You can use the following checklist as a guideline for how to buy practice management software for your hospital, clinic, or private practice.

  • Establish a specific list of required features and billing capabilities you can use to compare vendors accordingly.
  • Make sure the solution can handle your kind of practice and/or specialty.
  • Check for ease of use, and robust and efficient billing options and claims tools
  • Look carefully at reporting features: the tool should help you boost the practice’s performance across functions.
  • Confirm compliance and security.
  • Make sure enough support and training are provided by the vendor.
  • Decide which deployment best fits your practice’s operations.
  • Validate the vendor's reputation.
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