Cloud-Based Patient Billing vs. In-House: Which is Right for Your Practice?
Cloud-based patient billing is a rapidly growing trend in the healthcare industry. This type of billing software boasts many advantages like running on remote servers and accessibility from any authorized device with an internet connection. Still, there are reasons many practices and healthcare systems maintain in-house billing. It’s important to understand the pros and cons of each option before deciding which system is the right choice for your needs. What Is Cloud-Based Patient Billing? Cloud-based patient billing stores, accesses, and manages all of a provider’s medical billing data on remote servers. Rather than needing to maintain a local server onsite or dedicated hardware, cloud-based data can be accessed from any location with an internet connection. Because in-house billing requires local servers, it can only be used locally. This may not sound like an issue on its face, but the Covid pandemic demonstrated the utility of cloud-based systems for employees working from hom