Billing and Financial Reporting
Medesk lets you limit the number of programs you have to use at the same time. You can carry out most accounting activity directly within the platform. Our finance and accounting modules help you to track and manage payment processes, invoice generation at all stages of the patient journey.
Invoicing and Accounting with Xero
We have integrated with Xero to offer you the utmost in convenient accounting and financial reporting. Now all your invoices made in Medesk will be automatically exported to Xero in real time!
Whether you have to issue refunds or a patient has only made a partial payment, all the information you need will remain safe and sound. With a simple yet flexible setup, our Xero integration makes even the most complicated business processes easier to handle.
Each patient records shows the sum of the invoices issued and the patient’s current balance. This allows you to offer additional services if there is enough money on the account. It also helps you keep track of any outstanding debts.
You have the option to limit access to invoicing to only those people in your clinic who need it. For example, many clinicians don’t want to be distracting by billing so you could limit this feature to your admin team.
Use a list of fully customisable tags to categorise different aspects of your invoices. For example, you can tag insurance-related items, additional services and so on. Of course, this allows you to build up complex reports that’ll help you find out all sorts of interesting and useful things about your clinic’s business operations.
What Is Medical Billing
Medical billing refers to the transactional aspect of healthcare provision and can be best summarised as the relationship between 3 different groups of people: healthcare providers like doctors and clinics, healthcare recipients (patients), and payers. This three-way relationship is pretty clear-cut when the payer is an insurance company, but not so straightforward in the self-pay market where you as the practitioner don't want to reduce the doctor-patient relationship to a transaction.
One of the best ways to both ensure that you get paid appropriately for your work and to remove yourself from any financial transaction is to use practice management software that automatically generates your billing and invoice documents as you record your activity with each patient.
How accounting software is integrated with Medesk
Find more videos on our Youtube channel
Such a great, customisable system which will save me time, maintain absolute professionalism and makes running the management side of my business so simple.
The team at Glasgow Medical Rooms felt that the growth of the Practice required a bespoke software system for patient records and appointments. The process is almost at completion, support from the Medesk team has been excellent and responsive and we have a system which is user friendly and programmed to our individual needs.
I was very impressed with the professionalism and care taken to setup Medesk as my practice management system. Whilst dealing with Dr May, I was confident in his ability to deliver the product I wanted in the way I wanted - which he did in the time frame agreed and was readily accessible throughout. Medesk is a fantastic system which is intuitive, user-friendly and very easy to use without any loss of high-end functionality and is fully compliant with all legislation.
The best booking system if you have more than one employee. The support provided was great. Platform offers a bunch of customised features. Could be not as competitive as other similar products however, does offer more overall.
Get a Free Trial
Get free access to the trial version. Our team will help you to develop your practice.