Kareo, the leading provider of cloud-based software and services for independent medical practices, today announced the launch of Kareo BillCo Edition. Kareo BillCo Edition is the first cloud-based solution built specifically for use by billing companies in delivering comprehensive and differentiated services to their clients.
Kareo BillCo Edition provides billing companies an intuitive interface to use with their clients, removing the complexity of using multiple disconnected billing tools to enhance communication and efficiency. With this new solution, billing companies can maximize collections, shorten time in A/R, and reduce denials on claims, helping medical practices achieve their financial performance objectives.
“There is substantial demand in the market today for outsourced billing that, until today, was not being met with the right solution,” said Dan Rodrigues, founder and CEO of Kareo. “By giving billing companies the right tools, they can seamlessly and effectively optimize a practice’s revenue potential so that providers can focus on what matters most – delivering outstanding care.”
Kareo BillCo Edition is immediately available to billing companies of all sizes and features a number of noteworthy features and benefits, including:
- A new web/mobile experience that gives both billing companies and their clients access to key financial information from anywhere, in real-time, without needing to install any software.
- A secure messaging module that enables practices and billing companies to enhance communication, increase efficiency and improve documentation, while ensuring all financial disclosures remain HIPAA compliant.
- A revenue cycle performance overview that allows billing companies to provide their clients visibility into their billing/collections lifecycle. By providing clients with a complete view of their billing and collections lifecycle, billing companies can instill confidence in the accuracy and efficiency of their claims and billing processes.
- A saved report customization feature that provides billing companies with shortcuts for commonly used templates to increase scalability and efficiency. Since many clients often require similar custom reports, billing companies can save and export files, and customize them to each client’s needs, rather than starting from scratch.
Medical billing companies using Kareo BillCo Edition can choose to co-brand the solution so that they can show their account ownership and boost credibility to their clients. With the new co-branding feature, billing companies can customize the look and feel throughout the application for a nominal fee and increase their company’s brand recognition.
Kareo designed Kareo BillCo Edition based on the input and requirements from the more than 600 billing companies serviced by Kareo today. With ICD-10 now a reality for October 1, having the right billing solution will be critical to their success and the success of their customers. To learn more about Kareo BillCo Edition, please visit Kareo.com.
Kareo is the only cloud-based medical office software and services platform purpose-built for small practices. At Kareo, we believe that, with the right tools and support, small practices can do big things. We offer an integrated solution of products and services designed to help physicians get paid faster, find new patients, run their business smarter, and provide better care. Our practice management software, medical billing solution, practice marketing tools and free, award- winning fully certified EHR help more than 30,000 medical providers more efficiently manage the business and clinical sides of their practice. Kareo has received extensive industry recognition, including the Deloitte Technology Fast 500, Inc. 500/5000, Red Herring Top 100 Company, and Black Book #1 Integrated EHR, Practice Management and Billing Vendor. Headquartered in Irvine, California, the Kareo mission is to help providers spend their time focused on patients, not paperwork. For more information, visit www.kareo.com.