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Lytec Practice Management — Manage the Business Side of Medicine Lytec® 2009 is a market-leading practice management system that helps improve cash flow and increase office productivity. Lytec covers all aspects of your practice from comprehensive billing, scheduling and accounts receivable management to automatic recall tracking, document scanning and robust reporting.
Key Features
Scheduling:
- Schedules, moves or cancels appointments quickly and easily
- Views appointments according to your office setup — by day, week or resource
- Prints superbills
- Allows multiple bookings to minimize missed appointments
- Alerts staff of patients’ co-payments and balances due
Patient Accounting/Billing:
- Adds efficiency with all account information for each patient on a single screen for convenient
access, entry, tracking and retrieval
- Simplifies daily book balancing using patient daysheets
- Easily applies patient payments with the payment wizard
- Manages patient receivables with aging reports
- Tracks insurance authorizations and reminds you when the authorized visits have run out
- Helps track and manage all your insurance claims
- Prints standard CMS-1500 claim forms
- Tracks past due payments to maintain timely and accurate insurance billing
- Integration with RelayHealth® EDI services for faster claims processing and improved reimbursement
with electronic data exchange
- Prints professional patient statements with notes to encourage prompt payment
- Pinpoints past due balances
- Interfaces with BillFlash from McKesson partner, NexTrust, for more efficient statement processing
Reporting:
- Identifies the trends of your practice through diagnosis and procedure code analysis
- Tracks the profitability of your referring physician network
- Summarizes information about the financial status and service performance of the practice
- Analyzes the managed care costs for services provided against the insurance reimbursement received
through contract services
- Compares the difference between charges billed to an insurance company and the amount reimbursed from the insurance company
- Tracks the number of inventory items you sell
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