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MEDICAL BILLING

PRACTICE MANAGEMENT

CollaborateMD Review

Product Snapshot

Pricing
  • Medical Practice Plan 3: $229/ per provider per month
  • Medical Practice Plan 2: $209 / per provider per month
  • Medical Practice Plan 1: $159 / per provider per month
  • Medical Billing Services and Labs: Transaction based fees and $159 / monthly minimum
Technology

Software-as-a-Service

Customer Focus

SOHO, Small Business

Select Customers

Physicians Financial and Mgmt Srvs, LLC (Billing Service), Three Rivers Medical (Practice), Dr. Thomas Lawrence (Practice), AR Medical Claims Recovery, LLC (Billing Service)

View Vendor's Product Page

CollaborateMD

CollaborateMDCollaborateMD is a leading medical billing and practice management solution that helps practices and billing services of all sizes automate and streamline billing and coding processes. Since its inception more than 12 years ago, CollaborateMD has processed over $10 billion dollars in total healthcare claims. With CollaborateMD, clinics have the ability to reach a first pass claim rate (FPA) of 99 percent, instead of the national average of around 70 percent, resulting in shorter revenue cycles, better cash flow and less work due to transactions.

CollaborateMD was designed to be both comprehensive and extremely user-friendly, with an intuitive interface that can be quickly learned by even novice billers. The software solution is cloud-based, eliminating the costs related to hardware and the need for time-consuming data backups. With exclusive claim tracking and claim control—empowering users to manage and reduce claim denials—customers are able to reduce administrative overhead while increasing cash flow. The solution is ANSI 5010 ready, allowing for unlimited users and offers anywhere, anytime accessibility and no-cost upgrades. To streamline office tasks, CollaborateMD is a great fit for billing services and practices seeking an affordable and effective solution.

About CollaborateMD
Since 1999, CollaborateMD’s innovative cloud-based healthcare software solution has contributed to the financial success of medical practices and medical billing services across the country. CollaborateMD’s 100-percent Java solution, with its simplicity, ANSI 5010 compliance, affordable monthly fees and 99 percent First Pass Claim Acceptance rate, allows thousands of medical providers to see a true return on investment. CollaborateMD customers enjoy fast implementation, exceptional and unlimited support and most importantly, increased office efficiency and reduced account receivables. The CollaborateMD academic version, ClaimGear, has been used to teach over 30,000 students medical billing and insurance coding at Corinthian Colleges across the country.

CollaborateMD Key Features

  • 99-percent First Pass Claim Acceptance Rate
  • HIPAA and ANSI 5010 compliant
  • CMS-1500 and UB04 Electronic and Paper Claim Processing
  • Online Training and Educational materials
  • Simplifies Practice Management
  • Streamlines Medical Billing Process
  • Create and Track Tasks
  • Customer Created News Section
  • Secure Messaging
  • Document Mgmt and Storage
  • User Anywhere, Anytime
  • Ease of Use
  • Resource-based Appointment Scheduler
  • Claim Scrubbing
  • Automated Payment Posting
  • Real-Time Patient Eligibility
  • Reimbursement Management
  • Manage Denials and Collections
  • Generate and Analyze Reports

 

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