AdvancedMD - Top 4 Alternatives (Mar 2022)

Shlomi Lavi / updated: Mar 09, 2022

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AdvancedMD Medical Billing competes with other medical billing software systems like DrChrono, Kareo, and Waystar. We will compare these medical billing software systems in some specific aspects below.

• Functionality: AdvancedMD Medical Billing and its closest alternatives share similar features like medical coding, insurance verification, claim scrubber invoice history, tracking compliance, remittance advice, etc. Kareo Billing offers the customizable dashboard feature, which is unavailable in the other alternatives. Waystar does not offer Practice management which is available in the other alternatives. DrChrono offers telehealth and EHR features.
• Customers/Industries: AdvancedMD Medical Billing targets medical, physical therapy, and behavioral health practice groups. Customers using AdvancedMD Medical Billing are The Pain Care Center, Center for Balanced Health, La Loma Medical Center, and Raju Raval. DrChrono targets practice groups in EHR by specialty, Telemedicine, Large practice, Small practice, and Multi practice. There are over 17+ million patients under the care of DrChrono. Kareo targets independent practitioners and patients. Kareo has offered its solutions to 75,000 customers and still counting and has 150,000 users.
• Cost: According to expert research, AdvancedMD Medical Billing is cost-rated 2 (where 1-2 is low-cost, and 4-5 is high-cost), which means it is a low-cost software amongst its closest alternatives. The cost information for AdvancedMD Medical Billing, DrChrono, Kareo, and Waystar is unavailable on their official website.
• Cloud-based/On-premise: AdvancedMD Medical Billing and its closest alternatives are cloud-based.
• Popularity: AdvancedMD Medical billing is a private software company and was founded in 1999. DrChrono was founded in 2009. Kareo and Waystar are also private software companies.
• Scalability: AdvancedMD Medical billing is flexible to grow practices from small clinics to large hospitals. DrChrono is tailored to accommodate any medical practice from small, large enterprises or specialties.
• Support: AdvancedMD Medical billing and the alternatives share similar support features like Email/help desk, FAQs/forum, and knowledge base. All the medical billing systems offer chat except for Kareo. Only AdvancedMD Medical Billing offers a 24/7 live rep among the alternatives.