Our services

Management and Administration

Practice management and administration are at the forefront of Medvest Capital’s services since we comprehend the prerequisites of various administrative strategies that set the practice on a pathway to success. Invoicing, IT management, skills training, human resource management, and debt control are critical components in running a productive, legally compliant and reputable medical or healthcare business.

What is medical management and administration?

The efficiency of a medical practice and its success largely depend on the reliability of the billing process. However, complicated matters such as rejected claims or a lack of knowledge and awareness of the submission claims process can negatively affect the success of your practice.

Medvest Capital assists with this highly intricate process, ensuring the success of your practice every step of the way. Our services not only streamline the billing process but also improve the overall efficiency of your practice. From invoicing to debt management, human resource management, and the use, training, and specialisation of advanced software programs, we provide comprehensive solutions that can significantly enhance the operations of the practice.

Management and Administration
Management and Administration

Invoicing

Our innovative billing system enables you to remain up-to-date with all administrative matters. Regular and accurate invoicing will improve cash flow and avoid the risk of late payments or failure to meet the financial demands of the services rendered. This also assists with the smooth flow of medical aid claim submissions and improves communication between doctor and patient, as it is a highly reliable way of keeping patients up to date on progress made to finalize their claims.

Human Resource Management

Human resource management involves recruiting, employing, and deploying the practice’s employees. Our human resources management services ensure efficient practice management that is legally and labour law compliant and fosters employee recognition and engagement.

IT Services

Our medical practice IT services play a crucial role in handling highly complex billing, administrative, and payment tasks. We are well-versed in a variety of practice management applications that streamline the billing process, ensuring optimal practice efficiency and productivity. This emphasis on efficiency should reassure you about the reliability of our system. Through our various software applications, we aim to alleviate the administrative burden and billing processes. This allows you, as a medical practitioner, to focus solely on patient care, relieving you of unnecessary stress and ensuring a more relaxed work environment.

Debtor Management

Debtor management is a key aspect of our services. It helps track claim progress throughout the debtor life cycle and ensures timely payment reminders and a smooth handover of claims. We successfully ensure the effective management of debtors, which involves establishing a good credit policy and terms of trade. This emphasis on debtor management should make you feel secure about your risk management.

Frequently Asked Questions

Medical management refers to highly advanced medical software and systems that enhance clinical outcomes, track patient payments, and notify patients of amounts due.

Patient invoicing allows you to keep track of claims throughout the debtor life cycle and receive payments for services rendered.

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