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The A-Z of Practice Management Tools

Practice management tools are the software designed to perform specific activities related to your day-to-day practices. It is, therefore, important to choose the right management tools and software to meet practice requirements and efficiently manage clinical operations.
Features of a Practice Management Tool

Uses of a Practice Management System

Criteria for choosing the best tool:
While choosing to buy a system or a tool check:

Look for a system that can efficiently handle documents like patient appointment history, patient records and reports and also have resource planning capabilities so that the staff can easily identify doctor availability, room availability, the equipment needed and various important activities.

The systems that are already in use should be optimally utilized by integrating into the new tool. System integration can be tedious and time-consuming. However, it can save a lot a manual labor and time.

Customer reviews can surely help to buy a good quality product which provides post-installation support.  Continuous vendor support is something that one needs to look for before zeroing in on a system.

Practice management systems can be installed on physical on-site computer systems or can be accessed using the internet. You may choose one depending on your professional requirement.

Patients can have a tough time at a clinic repeating their grievances to more than one staff member on the same issue. Having a system that communicates to the team internally about the patient’s concern in the form of notes or internal messaging will better patient experience. 

Companies offering Practice Management Software:
According to a recent survey in 2017 conducted by softwaresuggest.com, the top ten software for practice management are:

The Cost Involved
The practice management tool can vary in their range of cost from a few lakh rupees for installation and then few thousand rupees per month for usage. The cost breakdown of a quality practice management tool with all features included will be:


Basic Requirements

Price*

Computer server

Rs. 10,000 – 50,000

Ethernet/Back up

Rs. 6,000 – 10,000

Software training

Rs. 60,000 – 1,00,000

Software license

Rs. 1,00,000 – 3,00,000 /user/year

Software upgrade

Rs. 1,00,000 – 2,00,000 /year

Software costs

Rs. 15,000 – 35,000 /month

* The pricing is subjected to variation due to practice size, task complexity, available features, choice of platform, and deployment method.

The variety that is on offer is huge, leaving you to choose the best tools that suit your practice needs. We understand that every practice is different from the other and therefore this article guides you to consider the right option, given the plethora of tools that are available. Ensuring that your practice management system is feature-packed, it helps you to perform seamless transactions. The more efficient the tool is, the more streamlined your practice would be.

Then, would it not be a wise choice to invest in good practice management tools? You may choose to take a customized doctor loan offered by NBFC’s like Bajaj Finserv.

To know more about these loans,  click here.