The Kareo website claims that in 2014, clinics using their medical practice solution saw over $10 billion in revenues. The practice management solution is mature, comprehensive and easy to use. It is cloud based, meaning that no servers or databases need to be managed by client clinics. Users simply have to connect to the Internet and log on to the solution. The Kareo Practice Management solution streamlines all aspects of the medical practice – starting from appointments and scheduling to analytics and reporting. Efficiencies in the overall management of the practice also show up in better management of bills and claims and lead to overall improvement in the health of the clinic.
The cloud-based Kareo Practice Management solution makes it easy for hospital administrators and physicians to access their data from any location. The HIPAA-compliant solution ensures secure access to all data.
Patient portal and scheduling tools are built to make the practice easier to manage and improve the efficiency of the staff. Scheduling rules can be customized based on the requirements of the medical practice, and individual member productivity can be tracked. Schedules can be seen on the move across multiple devices even though the person may not be connected to the internal clinic local area network.
The Kareo Practice Management solution promises better views of data about how the practice is being run. Detailed analytical results are made available via easy-to-grasp visual tools, graphs and diagrams. Analysis helps administrators identify and remove bottlenecks, reduce operating costs and improve bottom lines.
Secure messaging is built into the software, allowing clinics and patients to communicate with confidence using a HIPAA-compliant solution. A direct result is improved patient care and greater patient loyalty.
Since the solution is cloud based, payment is via a subscription model. Low-volume clinics can start as low as $149 per month per provider and get 50 free claims. This is a good way for a small clinic to start using the solution. As the practice grows, they could switch to a regular solution that costs $299 per provider per month and supports unlimited claims.