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4 ways to get Practice Managment Software to yield Higher Profits

Practice Management systems come with a host of features and workflow enhancements. However, the true test of a great system is is the Clinic’s bottom line. Can your system increase new patient  footfall, reduce no shows, effectively manage your inventory, kick-start new revenue streams and give you higher profit for the existing operations?

I will explore with you the various components of a good Practice Management system which if implemented by your Clinic, will lead to increased bottom line and higher profits.

 

1. Increase Profits

Increase revenues by reducing missed appointments. Our SMS reminders are linked to both Appointments and Recalls. Next time when you tell a Patient to come back after 7 days. The patient will be sent a SMS reminder that an appointment is due. On the date the recall falls due, he will be reminded yet again in the morning. Just 2 extra patients turning up in an entire month makes your monthly cost of running Clinicea free. More than that and you are now beginning to see revenues that previously were simply lost.

 

2. Start New Revenues Streams

Start a new revenue stream for your Clinic by offering Online PHR to your patients. Your Clinic’s brand image will improve significantly for keeping up with technology. It will also unlock the potential of data locked in paper or in your older EMR systems. The complete setup is done at our end, you just need to talk to us.

 

3. Proactively reach out to Patients

Offer customized health and wellness programs for patients suffering from chronic problems. You can create such packages, run a report to identify the suitable patients and make them aware of the service, all in a couple of clicks. We offer consulting services to help set all of this up for you.

 

4. Save on Inventory

Eliminate Inventory wastage and pilferage. Clinicea Inventory Management is fully integrated with Billing, Pharmacy & EMR. Adjustments are done automatically. Every piece of every item in your inventory will now get accounted for. Expect atleast a 10% increase in profits on account of Inventory Management alone.

There is lots more to come in how changes in Technology are opening up new revenue streams for Clinic in 2015. Watch out this space for more.