Moreover, the features of the LIMS have evolved over the years from simply carrying out tracking to enterprise resource planning.

However, today the modern laboratories use the Cloud-based Lab Information Management System that stores a massive amount of patient data over the Cloud. It helps the lab specialists to access data from multiple systems and multiple locations. The hospitals can even maximize security by authenticating the users to a particular amount of data to be accessed. Apart from providing real-time convenience and safety, LIMS offers versatile other benefits too.

Benefits of Laboratory Information Management System

• Flexibility: The LIMS Software  that is cloud-based is highly scalable and flexible. The Cloud-based LIMS caters to the present and the future needs of the laboratories. As this technology is entirely scalable, it can cater to the laboratory data management system's ever-changing needs. Even the changes done in the LIMS can be accessed by the authorized viewers in real-time too.
• Hassle-Free Access to Data: The Laboratory Information Software that is cloud-based renders hassle-free data access to the users. As the data is placed on the central cloud system, so the authorized users from other hospitals or healthcare institutions can also access it with correct login details.
• One-Time Investment: Most healthcare institutions possess limited capital and cannot spend on various data-saving systems. If the hospitals have to purchase expensive hardware, pay a huge license fee, or get the storage location, it can affect their healthcare budget drastically. The Cloud-based LIMS does not involve such expenses, so healthcare institutions or hospitals can invest in their patients
• Less Need of Internal IT Support: The Cloud-based Laboratory Information System eliminates the need for servers and hardware and maintains the daily processes seamlessly. It reduces the need for any internal IT support.

So, if your hospital or healthcare institute is looking forward to advanced Cloud-based LIMS software, then reach out to the experts at Medicasoft  to schedule a free demo. It will help you and your staff to understand the functioning of this system.

Making the billing system efficient, innovative, and the latest medical billing software will automatically help create the bills. Medicasoft presents a highly scalable medical billing solution that makes the whole billing process automated and seamless. Let us now read-on a few essential features that help it stand out in the competition.

Significant Features of Medicasoft Automated Billing Software

• Makes the Patient's Data Handling Easier: This automated patient billing software makes the patient's data scrutinization and handling easier for the hospital staff. The service code is provided at the time of the creation of the bills.
• No Need to Open Records Every Time: Using this software, the medical staff does not have to open the record for each patient every time. They have to find the respective service code, create the patient's bill, and submit it to the OHIB. It makes the whole process automated.
• Users Need to Review the Final Bill: This medical billing software will locate the service code automatically. The users have to review the bill that is automatically created and then submit it.

To know how the Medicasoft billing software works, the hospital staff or the clinic can speak with the live agent and schedule a demo. The Company provides complete training to the hospital or clinic staff to handle and operate this billing software. The best thing about this software is that it increases the user's efficiency and reduces the manual work that otherwise increases when one has to prepare the bills through the traditional process. Even this billing software can seamlessly integrate with other systems like PACS, LIMS, and IVF.

Conclusion

Medicasoft is a Canadian company that provides medical billing software programs for hospitals and small clinics. If you are keen to reduce your staff's workload and want them to focus on core working areas, get the automated medical billing solution for your medical team. The reporting can improve and help your clinic save time and bounce back from any monetary hit by holding well-defined data. With Medicasoft's automated medical billing software, you can avoid the OHIB bill rejections and carry out seamless auditing without any error.

Even the Radiology Society of North America conducted their conference over COVID-19 third wave through the virtual presence. The brands like Konica Minolta Healthcare highlight the advancements in the AI segment by focusing on two areas like clinical decision support for imaging and increased revenue through Natural Language Understanding.

The advancements in clinical decision support will help in immediate healthcare delivery, help the physicians flag the potential problems by watching patients' radio imaging and making more medically oriented decisions. By integrating the PACS radiology software and the PACS imaging software with AI, the physicians can make efficient decisions with these tools, and clinical decision support will become more comprehensive.

The AI will prove helpful because it will sort out the unintuitive interface and clinical burnouts that sometimes affect the clinical decision support system. The integration of these systems with AI will help radiologists get a suite of tools to improve their radiology practices. It is seen that most of the reputed PACS provider uses the highest security standards to help hospitals transfer the radio imaging of their patients to other clinics or doctors for informed decisions.

The providers use Web Application Firewall technology to transfer the imaging of the patients securely. The long and short-term archives are used to store and retrieve the images. An NCBI report on the COVID-19 crisis shows that AI-based tools are limited to date, and clinical decision support has become a challenge for many hospitals. Due to the emergence of the COVID-19 pandemic, several questions have been posed on the access and workflow in the healthcare sectors.

Many hospitals do not possess radio imaging tools or servers to transfer the information to other doctors or clinics. It shows that AI readiness is an important goal to cater to the healthcare challenges emerging in the present times.

So, it is paramount for the hospitals to transfer the patient's report through a well-knit software system to help with faster clinical decisions. The clinics can use the PACS server software and radio imaging software from Medicasoft Apps to save on unnecessary costs and increase their revenue in the long run too.

Want to learn more and how Medicasoft PACS software can be of your future proof medical infrastructure? Schedule a free consultation with Medicasoft expert at medicasoftapps.com or by calling  +1 (888) 701-7861.

Need for Medical Billing Software

The patient billing software addresses more than one need of any medical organization and makes the doctor-patient interaction more seamless. This software is being created and provided by various companies who resolve multiple queries and provide a solution accordingly, to take the healthcare practice and benefits of it positively, especially when an unprecedented event like COVID-pandemic requires the medical organizations to keep and maintain their records in real-time. Implementing medical billing software can help a medical organization in numerous ways:

• Healthcare providers can reduce the margin of error in the patient information by automating their billing mechanism to include management of accounting and finances to reduce the reliance on paperwork.
• The data get stored in the cloud. Hence it’s easy to access from anywhere, when and wherever it is required.
• The software has highest level of security, making it impossible to infiltrate or misuse. It can process and manage the soft and hard copy data, including the medical cost to be paid by the patients and the insurance coverage for their medical expenses

Upgrade to Patient Billing Software

If you want to take your healthcare practice one step further, you should consider implementing the patient billing system to save time, effort, and money on the administrative functions.

You can get more information about this software and service by visiting medicasoftapps.com  

If you don’t know where to start, schedule a free consolation with a Medicasoft advisor at medicasoftapps.com 

Significant Features of Medical Billing Software Programs

With the advent of technology, it has become apparent that the healthcare sector also needed an upgrade regarding the medical billing software programs to manage patient data. At present, numerous private companies have created software to support the clinics and other healthcare institutions in maintaining patients’ records in real-time and in an organized, straight forward way. Some notable features of medical billing software are,

• Managing billing data to store patients’ data securely
• Creating bills for rendered services by selecting the appropriate code for the services and the bill will be automatically created using the clinic’s template.
• The software can be modified to meet the specific and operational needs of a clinic or the health provider, to improve the workflow while being simple to use by doctors and other healthcare workers
• The software is cloud-based and can be accessed from anywhere by the designated people and through multiple locations or devices.
• Medical billing software can be integrated with other software modules like picture archiving & communication system (PACS), Laboratory Information Management System (LIMS), In Vitro Fertility Software (IVF).

Conclusion

Any clinic or healthcare practitioner who is looking forward to streamlining processes, avoiding audit and bill rejections should consider the latest medical billing software from Medicasoft Inc.

If you are not sure where to start, visit https://medicasoftapps.com/schedule  and schedule a free consultation or live demo.

Laboratory Information Management System is the best software that leverages cloud computing power to provide plenty of perks to the lab workers, biobank staff, researchers, and lab support staff. It can help them speed up the process, reduce turn-around time, and increase productivity. LIMS software can even integrate with instruments or other in-lab systems to automate test data to boost lab efficiency.

Benefits of Cloud-Based

LIMS Lab management software in the cloud offers tons of perks:

1. Anytime and Anywhere Access

The most significant advantage of laboratory information systems in the cloud is that laboratory data is accessible 24*7 in real-time at any time and from anywhere in the world. All lab workers require is a device with a web browser and a fast internet connection.

2. Save Time

As you know, labs play a vital role in the healthcare industry, with data making up 60% to 70% of all medical records. Laboratory Information Management System can save lab staff time by automatically managing and documenting everyday work. It also offers essential resources for automating batch control and sample testing.

3. Reduces Human Errors

Manual input of laboratory information leads to transcriptional errors. There also exist issues in integrating that data across different devices. Mistakes in the lab sector are bad for the lab's reputation and the patient’s life. Automated calculations, easy record keeping, and reporting via LIMS software lead to low errors. This helps lab workers to adhere to rigorous industry standards.

4. Small Carbon Footprint

Earlier, lab staff has been storing and managing their data using spreadsheets, notebooks, and handheld documents. But the use of LIMS eliminates paper-based manual processes by managing laboratory data online effectively. This can add to a huge reduction in waste, which means less impact on the environment.

5. Lifetime Data Storage

A considerable amount of paper-data piles in the laboratory limits the capacity of data storage. However, a cloud-based LIMS stores all the lab data in the cloud. The great part is that storage is scalable per the lab needs.

6. Low Operational Cost

The cost of a cloud-based lab information management system is usually less than an on-premise version. When lab workers pick a reliable cloud-based LIMS software, they can “pay-as-you-go” (monthly or yearly). This means they do not need to invest in hardware installations.

7. Boost Productivity

Manual data entry, auditing, and building reports of the laboratory are a tedious and time-consuming task. LIMS software allows laboratory staff to efficiently plan data management, accelerate tasks, and precisely implement business decisions. This medical billing software lowers workload through the elimination of data duplication and data transcription. LIMS also maintains an audit trail along with a time and date stamp. Lab staff can even quickly and accurately trace laboratory data using built-in search tools. All this lets lab workers accomplish boosted productivity and profitability.

8. Enhanced Security and Reliability

Security is one of the biggest reasons to switch to cloud-based LIMS. Using paper-based systems for managing laboratory data puts confidential clinical data at high risk. Best LIMS software renders excellent security by preventing unauthorized access. All the lab data is completely encrypted on being stored. Besides this, the cloud platform guarantees 99.98% server uptime. This ensures no compromise on data security. It also adheres to the best industry- standards like HIPAA, 21 CFR Part 11, etc.

9. Easy Data Retrieval

Lack of necessary lab data retrieval mechanisms and storage in case of fire, natural disaster, or theft results in the loss of essential data. But LIMS lab software promises data continuity in every situation. It stores laboratory data on primary servers and copies them to mirror servers to ensure timely backups.

10. Customization

With paper-based lab systems and spreadsheets, there are no customization features for the data management methods. LIMS is an incredible software that allows quick customization according to the lab needs. Lab staff can even apply all new changes to their older records.

Conclusion 

Cloud lab information system is an excellent platform to manage, store, and maintain the laboratory data for the years to come. Modern labs are now only using cloud-based Medicasoft LIMS software to manage their laboratory informatics projects. If you plan to implement a cloud-based laboratory information management system for your organization, try it today!

Here, you will find the latest and well-researched IVF industry predictions expected to see in 2021 and beyond.

Let’s take a look:

#IVF Market Size to Reach $37.7 Billion By 2027

According to a report released by Grand View Research, the international in-vitro fertilization market will reach USD 37.7 billion by 2027. The industry is largely driven by growing infertility due to lifestyle changes, continuous industry efforts, and the government’s better reimbursement policies. In addition, genomic testing helps prevent the transfer of genetic diseases during IVF, making it a preferred choice among would-be parents. Increasing IVF solutions or treatments lead to more insurance players covering the procedure.

# More Investors Pouring Money into Fertility Sector

Today, the fertility sector is not just about older women who are trying to conceive a baby for decades. It is also about convincing younger women to start thinking about their fertility. It is about making women in their 20s to pay for fertility tests and services, such as egg freezing to avoid future problems.

In 2017, PitchBook revealed over $178 million into fertility startups developing various fertility products.

Foreseeing a profitable market, many private equity firms are investing their capital into building fertility clinics. Some of these investors spend on advertising IVF solutions to address younger women who are not trying to get pregnant.

Moreover, to make the clinical task easier, IVF software like Medicasoft provides the easiest, secure, and fully customizable solutions with its robust IT design. IVF professionals are benefited from the user-friendly interface as they can now carry their professional daily tasks in a more streamlined manner. From storing patient’s general identification details, to diagnostics listings, customizable reports, tests and procedures performed in IVF, the IVF software can become a central information facility with just a few clicks.

# People might delay IVF Solutions due to Pandemic

The American Society for Reproductive Medicine recommends women undergoing IVF solutions or any other fertility treatments to postpone it due to novel coronavirus.

Women who are already in the middle of the IVF treatment can continue with it. Similarly, those who are in the middle of treatments like egg freezing can also continue with the same. Though many couples are seeing these guidelines as controversial, many are supporting these recommendations of the authority for the sake of wellness of their would-be baby.

Many fertility clinics are also following these guidelines and helping their clients understand the exact motive behind them. 

Medicasoft PACS was developed for one purpose, to make these task very easy and at lighting speed without having to invest in powerful computers, or installing and maintaining software liscences.

In this post, we are going to share well-researched market trends related to PACS software.

#1 Hospital sector may hold the largest market share in the specialty PACS market.

The hospital industry retains a dominant share of the PACS software market. This is especially due to the increased patient population and the hospitals providing full patient care services. Many key factors drive the market's growth. These include hospitals' specialization of:

• Diagnosis, prevention, and care of different modalities
• Growing awareness about the benefits of early detection of disease
• Advanced imaging techniques
• The growing digitization of patient information
• Rapidly increasingly adoption of the EMR technology 

#2 PACS and RIS: The Game-Changer A few years ago, PACS became a very common practice in radiology. 

For managing schedules, bills, and patient information, healthcare professionals would use a separate radiology information system (RIS).

Today, PACS vendors have started creating separate RIS products because these two programs best complement each other. When PACS and RIS systems work together, hospitals' radiology departments function better because they can store, transfer, and retrieve images securely.

The department can also store patient records in an orderly manner using the software program, and they can better visualize images. In addition, the cloud-based PACS/RIS system makes it easy to retrieve and see images and reports using the software.

#3 North America Dominates the PACS Market

North America is forecasted to maintain its supremacy when it comes to the global specialty PACS market. This is mainly because of many different factors, including the rising geriatric population and growing patient pool, etc. 

According to the United States Census Bureau 2017 Population Projections, it is estimated that by 2035, 78.0 million people may be over the age of 65 years, rather than 76.7 million people who are under 18 years of age in the U.S.A. 

In addition, other factors such as the growing existence of chronic diseases, technological advancement in imaging modalities, and early disease detection benefits have been driving the PACS market growth. All of these factors help to ensure the dominance of the region.

#4 A Highly Competitive Landscape

The cloud-based PACS industry is highly competitive, with several leading major players. When it comes to the market share, some major players in the sector dominate the market.

Some prominent players in the market are making significant acquisitions, collaborations, and launching new products with other companies to consolidate their market positions worldwide. Some of these major players in the market are Siemens AG, IBM Corporation, Medicasoft, Carestream Health, and Philips Healthcare.

Conclusion 

These market trends point towards the importance of using PACS software solutions in healthcare facilities. 

Medicasoft’s PACS solution can be an ideal pick for you. Using this tool, medical practitioners can capture, store, distribute, and display medical images for reviews. Medicasoft prioritizes the security of patient records. The software follows the highest industry standards to facilitate secure networking over the cloud when transmitting, storing, and retrieving patient information. 

Due to its cost effectiveness, ease of use, blazing speed of storing and retrieving studies, Medicasoft has been the number one choice for privately owned clinics and health care provider.