What is a practice management system?


While there are a few people in life inspired to run a business because they love the idea of doing profit and losses, tracking expenses, and doing taxes- unless you are a CPA- that probably isn't why you went in to business. 

Most people go into business because they are passionate about meeting a need or helping people in some way (even if it is just selling their product they think is awesome). Or, I should say, we hope that anyone who is reading this blog is actually passionate about they do- if you aren't, we recommend finding what we let you get your passion back or getting a new job! 

So, what does all of this have to do with the idea of a practice management system? As technology has started moving quickly and allowing us to automate a lot of old processes, the fabulous techie people have realized that not every business is run alike. In fact, a therapy business, a law firm, and an accountant- while they are help people have very different business needs. 

Practice management systems are more than just an accounting or record keeping product. They are pieces of software built from the ground up for people of a specific niche or industry. There are practice management systems for: 

  • lawyers and law firms including solo-practices and large firms. 
  • certified public accountants (CPAs) both solo-practices and large firms.
  • primary care doctors (also often referred to as Electronic Medical Records (EMR) or Electronic Health Records (EHR).
  • therapists, psychotherapys, MFTs, LCSWs, and Psychologists.

What do practice management systems help with? Well, the short answer is, it depends. A great system should have been developed for your specific industry along side people who are doing almost the same type of work you are doing (if not exactly the same kind of work.) They should take some of the time-suck activities you have and automate or streamline those processes. A great program will allow you to offer better customer service with less work- so you can do more of what you love. 

In other words, a practice management system should be something that will save you time, save you money, make your customers happy, and make you happy. 

What about you? What are some of the time-suck activities that take up time that you would love to automate to do more of what you love?