One of Texas’ Largest Urology Groups Replaces Current System with
Cloud-based Platform to Stay Ahead of Reform Mandates and Support Growth
“We knew we needed a modern, cloud-based solution to help streamline revenue cycle management across our enterprise as we prepare for ICD-10 and various other billing reform efforts in healthcare,” said
CareCloud Concierge is a complete revenue cycle management solution that combines the power of CareCloud’s practice management software with the expert services of its billing and collections teams to help medical practices optimize their revenue cycle from start to finish. As part of the Concierge solution, Urology Austin physicians and their staff will utilize a common cloud-based practice management platform that can be accessed via any web browser and features CareCloud’s award-winning user experience and design. For more information on CareCloud’s Concierge revenue cycle management solution and other products, visit www.carecloud.com/solutions.
“We are thrilled that Urology Austin has selected our cloud-based revenue cycle management offering, a decision that validates the current replacement market underway in the practice management space,” said
Physicians are increasingly concerned about the health of their practices. The findings of the 2013 Practice Profitability Index (PPI), which surveyed more than 5,000 physician participants regarding issues impacting the financial and operational status of their practices, found that three of the top four issues negatively affecting profitability for all physicians stemmed from healthcare reform, led by declining reimbursements (65%), rising costs (57%), Affordable Care Act-related requirements (48%) and coding and documentation changes, including ICD-10 (44%). The PPI also found that (48%) of physician practices indicated that increased operational and billing pressures will leave them unable to accept any of the influx of 30 million newly insured Americans expected to join the healthcare system, indicating a concerning issue with access to care.
CareCloud is a leading provider of cloud-based practice management, electronic health record (EHR), and medical billing software and services for medical groups. The company’s products are connecting providers to one another – and to their patients – through a fully integrated digital healthcare ecosystem that can be accessed on any browser or device.
CareCloud is helping thousands of physicians to increase collections, streamline operations and improve patient care in over 48 states, and currently manages over
Marketing and Physician Relations
Vice President, Corporate Communications