Financial Reporting And Behavioral Health Accounting Software
Track Your Organization's Financial Health with Customized Reports
An important part of practice management is being able to track financial operations. The more visibility behavioral health professionals have into their revenue streams and expenses, the better equipped they are to budget for the future and drive improvements.
At ClinicTracker, we've designed dozens of detailed reports to help managers and directors at behavioral health practices create order around their financial reporting. These built-in reports give you a whole new level of information and control over how your organization manages claims and payments.
Reduce Your Accounts Receivable Faster
Staying on top of payments is essential for maintaining a steady cash flow. That cash flow enables behavioral health professionals to continue delivering services with room to upgrade facilities and provide professional development opportunities.
With ClinicTracker's customized reports, you can easily access information related to patient and insurance payments, which in turn helps you make more accurate cash flow projections. At any time, you can view:
- Claim Status
- Claim Activity
- Claims and Balances
- Aging by Patient, Clinician, or Insurer
- Payment and Adjustments
- And More!
If ClinicTracker doesn’t already contain a report that has the information you need, you are able to create it with the Custom Report Builder or ask our support team to help.
Enhance Your Business Intelligence
Sometimes behavioral health providers want to dig even deeper to improve revenue cycle management. Other built-in reports in ClinicTracker can further break down claim activity and payments to deliver added insights. This includes:
- Claim Detail by Insurer
- Payment Report
- Payment Application by Client or Clinician
- Payments by Transaction
- Payments by Claim
- Credit Balance Report
Reporting That Integrates With Your Practice Management Software
An integrated practice management system means that you can easily transition clinical appointments into billable claims. It also allows for information to flow between the clinical and financial aspects of your organization. For example, financial reports can include demographic or clinical information, while clinical staff can view a patient’s open balance information.
At the end of the day, our goal is to provide behavioral health professionals with electronic health record (EHR) software that helps them be efficient and accurate. Seamless integrations support these efforts.
Related Solutions
Frequently Asked Questions
What is behavioral health accounting software?
Can behavioral health accounting software integrate with other practice management tools?
How can practices choose the right behavioral health accounting software?
Before investing in an accounting software, behavioral health practices should consider their specific accounting needs, desired features, and how the new system will integrate with their existing systems. It's also recommended to compare the price plans of different solutions and consult reviews to make an informed decision.