Why Choose HVMS Software?
Installing HVMS will increase your return on investment!
HVMS (Hospital and Veterinary Management System) from Business Infusions is the most sophisticated veterinary practice management software solution available. HVMS was designed by vets, ensuring the software effectively meets the needs of today's veterinarians, and allows practices to increase revenues and profits through better business management while still focusing on medicine.
HVMS software combines all aspects of veterinary medicine and business requirements into a platform technology that provides superior functionality and direct business benefits to practice.
Implementing HVMS provides key benefits that result in a higher ROI
Activity Based Costing -
HVMS three-in-one medical records, invoicing and inventory management capabilities enable automated invoicing features to reduce lost billings and allocate costs for every aspect of practice. Users can generate custom reports that show exactly where costs and profits are occurring, allowing you to maximize your revenues and profits.
Configurable Workflow -
Never before seen functionality in veterinary practice takes the concept of ‘widgets’ and allows individual users to configure their preferred electronic ‘workbench’. Software delivered on a CD cannot match the configurability and delivery that HVMS can. Every veterinary practice has slight nuances to daily practice and no other software is as flexible as HVMS.
Efficient Inventory Management -
The inventory controls within HVMS ensure that inventory is accurate, leakage is reduced and allows you to maintain smaller stock levels. Inventory is one of the three Cost of Goods Sold in practice. Management of inventory can mean the difference between
profitability and operating losses. Let us show you HOW proper inventory management works as an integrated part of your practice.
Better Veterinarian Compensation -
Simply put, there is no PIMS in the market that allows you to compensate veterinarians in as many ways as HVMS does. Commission, salary, percent of collected funds, percent of professional service based on location, percent of inventory to associate/ownership scale, declining cash collected based on aged receivables, and on and on. If there is a scenario that is relevant, HVMS can calculate it.
Facility Map and Treatment Plans -
In busy practices, multiple activities are ongoing and up-to-the-second information is critical. Whether in a companion animal single location, multi-acre equine facility or multiple office in a corporate environment, HVMS can provide ‘real time’ visual and electronic information for patient and business management purposes.
FIFO Accounting -
Using First In – First Out inventory accounting in HVMS, the oldest cost of an item in inventory will be removed first when one of those items is sold. This oldest cost will then be reported on the income statement as part of the cost of goods sold. With fluctuating inventory costs, FIFO accounting means accurate inventory reporting and more accurate numbers during analysis.
Configurable Reports for Management -
Accrual Financial Summary, Practice Production Report, Accrual Doctor Summary Report, Profit Summary by Profit Center, Revenue Summary Report, Commission by Provider, Cash Collected Veterinarian Summary Report, Profitability by Billing Code, Month End Administration Report, Inter-Practice Inventory transaction Report, Cash Collected Assignment Summary, Monthly Multi-Practice Summary Report, Profit Summary by Provider, Deposit Run Report, Billing Code List, Inventory Transaction by Item, ABC Analysis Report, Controlled Drug Log Report, Medical Description tree Report, Active Inventory Container Report, Bar Code Report, Invoices by Boarding Location/Trainer/Patient/Customer, Advanced Patient Reminder Report and Patient Activity Report are some examples of the 100+ reports that come standard with HVMS.
Veterinarian Productivity Reporting -
Where do your veterinarians make their money? Can you currently break it down to the professional service, inventory item and geographic location and further by customer receivable? Can you apply acticity based costing to this model? HVMS can. The end user can configure reports in such a way that they can have a macro or micro view of this information for management purposes. What you cannot measure, you cannot measure! There are over 100 customizable reports that come with HVMS and you can analyse the data in a way that is meaningful to you.
Worksheets -
Every veterinary practice uses different pieces of paper or digital formats for each assessment they are doing and medical records entry. Whether it is dental sheets, pre-purchase exam sheets, spay/neuter sheets, or anything else the veterinarian can come up with, HVMS can reproduce those sheets into an electronic format that looks and feels just like your existing form. BUT, the real value comes in tying these worksheets to invoicing and inventory management. HVMS combines the three-in-one process to all of our configurable worksheets to make the practice workflow more efficient and to ensure all billings are captured at time of service. HVMS comes with templates as a starting point or we will re-create and modify what we do not have. All of this configuration is included in our price – No ADDITIONAL FEES apply!
Increases in Overall Practice Value -
In today’s economy, practice value matters. The ability to measure individual veterinary performance, inventory levels as they pertain to Cost of Goods Sold at a line item detail, veterinary compensation, accounts receivables management, and productivity levels can all be self-managed within HVMS. With the configurable reports writer, you control the information you want to look at. Never before has managerial accounting been so important and now the reporting tolls to manage are at your disposal.
HVMS is used by industry leaders - join in on the Evolution of Veterinary Practice Management by implementing HVMS today.
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