Accounting software for medical practices
Accounting software for healthcare organizations has to make sense of deposits that arrive from many payers and patients. Adopt keeps the practice’s books and monthly close current, and your team approves every entry.
How medical practices handle this today.
Many sources of payment. Payer and patient money arrives on different schedules.
One deposit, many visits. A single deposit can cover dozens of claims.
The books lag the practice. The billing system knows more than the accounting books do.
Physicians are not bookkeepers. Owners need a clear monthly picture without doing the work.
Practice accounting, kept current
Adopt prepares the work in the background. Your team reviews and approves it, and every approval stays on the record.
Connect your accounts
Link bank and card accounts, or upload statements. Adopt starts from your opening balances.
Deposits and costs coded, with reasons
Payer and patient deposits, supplies, rent and staff costs each get a suggested account and the reason behind it.
Review and approve
Approve in bulk or one at a time. Nothing posts until you do.
Close and report
Reconciliations and month-end statements are prepared for you to sign off.
What changes for medical practices
The practice’s books, not its billing
Adopt works alongside your billing system and keeps the accounting side current.
A set of books per location
Locations held in separate entities each keep their own books.
Statements owners can read
A profit and loss and a balance sheet built on reconciled accounts.
FAQs
Record deposits and costs, reconcile every bank and card account and produce statements each month. Adopt does this in the practice’s accounting books. It is not a medical billing or claims system.
No. Claims and remittances stay in your billing system. Adopt records what reaches the bank and keeps the books reconciled.
Yes. Each entity keeps its own books, and you can review one entity or all of them.
No. Adopt works on its own. A business without any accounting system can start on Adopt and keep its books there.
More software for medical practices
Practice books, kept current.
You approve every entry.
Start free and connect your first account. Adopt works on its own, so you do not need another accounting system to begin.
