Company Research Report: Dr.Bill
Company Overview
- Name: Dr.Bill
- Mission: Dr.Bill is on a mission to make medical billing easier, smarter, faster, and more intuitive for physicians.
- Founded: 2014
- Founders: No information is available.
- Key People: Sarah Wilkinson (CEO)
- Headquarters: No information is available.
- Number of Employees: More than 80 employees.
- Revenue: No information is available.
- Known For: Dr.Bill is renowned for being a must-use tool for doctors valuing time efficiency and billing accuracy. It provides medical billing solutions for AHCIP, MSP, and OHIP.
Products
Dr.Bill Medical Billing Software
- Description: Dr.Bill is a mobile and web-based medical billing software designed to simplify the billing process for medical practitioners in Canada.
- Key Features:
- Easy Code Selection: Intuitive menus help find the right codes quickly.
- Snap and Populate: Allows populating patient information via a simple snap of the label.
- Premium Alerts: Notifies users when premiums might apply.
- Rejection Management: Manages claim rejections under the Comprehensive Plan.
- Earnings Tracking: Provides a dashboard to keep track of earnings and claims at a glance.
- Integration Support: Complements EMR systems with a focus on optimizing billing efficiency.
- Solution Offerings:
- Individual Physicians: Available in Ontario, British Columbia, Alberta.
- Newly Practicing Physicians: Covers all provinces.
- Teams & Groups: Solutions for Ontario and British Columbia & Alberta.
- MOAs & Billing Agents: Available for all provinces.
Recent Developments
- Acquisition: In 2019, Dr.Bill was acquired by RBC Ventures (now RBCx), which has contributed to its growth and development.
- Partnerships: Dr.Bill has joined forces with MDBilling.ca to enhance medical billing services for over 8,000 Canadian physicians.
- Product Enhancements:
- Real-time revenue visibility and automated claims resubmission to ensure accuracy in payments for physicians.
- Improvements to mobile app functionalities allowing for billing "on-the-go."
- Resource additions to address physician burnout by mitigating administrative burdens through smart billing solutions.
- Recent Initiatives:
- Launching features that address physician burnout by reducing repetitive tasks and preventing billing errors.
- Continued engagement with the medical community by offering webinars and educational resources.
- Community and Social Impact:
- Participating in initiatives like #ThankYouDoctors to express gratitude towards medical professionals.
- Customer Engagement:
- Dr.Bill offers a $150 billing credit when signing up for the Comprehensive Plan to encourage new users to experience their streamlined billing process.
Conclusion
Dr.Bill continues to stand out as a pivotal solution provider in the medical billing sector, transforming administrative processes into seamless operations that allow medical practitioners to focus more on patient care and less on billing complexities. Their strategic alignment with RBCx and collaborations such as MDBilling.ca amplify their reach and functionality, reinforcing their position as an industry leader in Canada.
