Electronic Billing & AR System

Option Matrix Simplifications - Option Matrix products provide the features necessary to help physicians and billing services with their insurance claims and billing, all at an amazingly affordable price. A complete Option Matrix system typically costs much less than other systems.

Option Matrix Simplifies Accounting

• Instantly view outstanding payments with pop-up patient ledgers that give detailed patient account activity.
• Automatically match charges to payments using Payment Application.
• Store and recall up to 26 prices for each procedure.
• Mark procedure and diagnosis codes as HIPAA approved.

Option Matrix speeds Insurance Billing

• Store medical billing information for virtually every type of health insurance.
• Print standard HCFA-1500 health insurance claim forms directly onto a preprinted form or on plain paper with preformatted lines.
• Send claims with Option Matrix Electronic Claims for error-checking that reduces rejections and speeds payment.
• Verify a patient's eligibility status in a healthcare plan with Option Matrix Electronic Claims - from deductibles and co-payments to status in specific plan programs

Option Matrix improves Collections

• Store medical billing information for virtually every type of health insurance.
• Print standard HCFA-1500 health insurance claim forms directly onto a preprinted form or on plain paper with preformatted lines.
• Send claims with Option Matrix Electronic Claims for error-checking that reduces rejections and speeds payment.
• Verify a patient's eligibility status in a healthcare plan with Option Matrix Electronic Claims - from deductibles and co-payments to status in specific plan programs

Option Matrix improves Collections

• Print patient statements on standard business forms or print customized patient statements with collection messages.
• Process, print, fold, and mail your statements with Option Matrix electronic patient statements.
• Write professional collection letters.
• Reduce patient account inquiries with the patient remainder billing feature that holds patient statements until all insurance payments are received.
• Easily pinpoint past-due payments with patient aging reports.

Option Matrix Streamlines Practice Management

• Close a day's accounting quickly and accurately with the Patient Day sheet.
• Summarize charges, payments, and account adjustments with the Practice Analysis Report.
• Pinpoint referral sources for tracking and/or acknowledgement with the Patient Referral Report.
• Automate appointment scheduling with included Office Hours software.
• Assign a security level for each employee for complete control of activities and protection of data.
• Track conversations with insurance carriers, pharmacies, or others with the Contact Log.
• Write personalized form letters, print birthday lists, or create custom reports with the Report Designer.

Option Matrix Simplifies Managed Care

• Create a treatment plan for insurance payment approval before services are performed.
• Track the number of allowed visits or visits in a treatment series.
• Handle PPO patients with a fixed co-payment easily and efficiently.

Option Matrix Excels In Ease of Use

• Receive a clear explanation for every screen in the Option Matrix program with pop-up help windows.
• Customize, create, or move the program's toolbars.
• Browse or search all categories of information stored in the program
• Automatically schedule backups.
• Automatically log off users after a period of being idle in accordance to HIPAA requirements