What is a Practice Management Software and How Can It Help Your Practice?
Today’s medical office must contend with a complex landscape of constantly changing technology, juggling a variety of tools and platforms every day. It takes a coordinated effort to effectively manage a successful cosmetic practice and medical spa, from scheduling to workflow and accounting to marketing. For the office to grow and profit, each piece of the puzzle must work together seamlessly. Practice management software is a unique tool designed specifically to streamline all the major tasks your team spends their time on every day. Saving time and energy, practice management software allows your staff and providers more time to focus on what is important: patients.
Practice Management Software:
- Tracks patient conversion
- Schedules and manages patient appointments
- Performs billing procedures
- Processes payments
- Completes accounting services including bookkeeping and inventory
- Protects patient data using HIPPA/PIPEDA compliance
- Simplifies staff scheduling
- Generates reports for staff members and providersto run your business more effectively
- Increases sales through automated and activated CRM (customer retention management) for higher profits using retention and cross merchandising
How Practice Management Software Can Help Your Practice:
Practice management software is designed to be highly customizable to meet the needs of any clinic and medical spa, no matter their size. Your growing aesthetic office should expect practice management software to save valuable time and reduce stress, offering a measurable return on investment (ROI). Medical spa’s report an average:
- An 8% increase in ROI
- A 10% increase in client retention
- A 12% increase in revenue
- A 14% cost reduction due to improved efficiency
- An 8% liberation of employee time!
Marketing
Practice management software uses a powerful Customer Relationship Management (CRM) tool to follow and track leads. By offering real-time data, the software will help you discover hidden revenue and overlooked sales. Additionally, you will have the reports necessary to pinpoint areas that need action, great for training staff and boosting sales.
Scheduling
Our practice management software system includes integrated scheduling function for easy scheduling and to keep your staff productive. Team members can see other staff members shifts for a smooth office flow. A color-coded scheduling interface makes the patient scheduling software easy to use. Keep a detailed log of appointment times, the duration of each visit, and patient demographics. The software will send out automated appointment reminders through email or text message.
Billing and Accounting
Practice management software can take the administrative headache out of patient billing and reimbursements. Provide patient quotes, process payments, and balance out your office at the end of the day. The software gives you the tools you need to track inventory, eliminating the need for manual processes sing. Track bank deposits, refunds, and credits with ease.
Benefits of PM Software Include:
- A reduction in paperwork
- Speed up the payment process
- Scheduling patient appointments with ease
- Easily shareable Information
- Seamless integration with EMR capabilities
- CRM to increase sales and profitability
Empower Your Cosmetic Practice and Medical Spa with Patient Management Software from BoomerangFX:
BoomerangFX puts every tool your practice needs together on one, easy to use platform. Our practice management software was created by a plastic surgeon specifically for aesthetic professionals. Find out how much an innovative practice management software package can do for your office. Simply fill out our Contact Us form to learn more about BoomerangFX or to book a complimentary demo.