Shlomi Lavi / Sep 29, 2020
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Looking for the right Medical Billing solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:
Vendor comparison
CompuGroup Medical: CompuGroup Medical is a global eHealth provider with a comprehensive portfolio of cutting-edge IT solutions for the healthcare industry. Our Meaningful Use and ICD-10 enabled products allow users to securely store, exchange and access important clinical and financial insight anytime and anywhere. We connect doctors, hospitals, community health facilities, dentists, pharmacists, health insurers and other service providers to create an integrated network of all healthcare stakeholders. As a result, we can help these organizations improve efficiency, optimize care and increase patient satisfaction while also improving profitability.
Our market-leading solutions include everything from electronic health records to innovative practice management systems. These solutions are present in over 400,000 practices and healthcare organizations worldwide. We are also proud to maintain and sustain long-term relationships with our clients, many of whom have been using our products for decades. Our dedicated, knowledgeable team consistently delivers innovative products and services with the customer in mind, knowing that in addition to running an effective business, their main focus is to heal the patient. We share that same passion and it drives everything we do.
Practice Insight: Practice Insight’s principals have been deeply immersed in providing services to the healthcare industry since 1977. Together they founded Practice Insight in 2003. Since then the company has grown rapidly by providing fast, secure, robust, integrated EDI solutions through its industry-leading proprietary software, EDIinsightSM.
Practice Insight brings the power of EDIinsight to more than 100 different practice management software brands, and has partnered with many of the best-known healthcare IT vendors and resellers in North America.
More than 50,000 providers in all 50 states rely on the power of Practice Insight’s technology, which does much more than connect them to thousands of commercial and government payers to submit claims.
Pricing/cost comparison
The real cost of Medical Billing software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for CGM DAQbilling TCO and EDIinsight total cost to help with the total cost of ownership calculation.
CGM DAQbilling price Starting from $500 per month , on a scale between 1 to 10 CGM DAQbilling is rated 2, which is much lower than the average cost of Medical Billing software. EDIinsight accurate pricing info is available upon request (they don't share it publicly), however , on a scale between 1 to 10 CGM DAQbilling is rated 2, which is much lower than the average cost of Medical Billing software.
Bottom line:EDIinsight is more expensive than CGM DAQbilling.
Features and functionality
As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared CGM DAQbilling Vs. EDIinsight based on some of the most important and required Medical Billing features.
CGM DAQbilling: 24/7 Telephone Support, Customizable Reporting, Workflow, Appointment Management, HIPAA Compliant, ..
EDIinsight list of features include the following: We are still working to collect the list of features of EDIinsight.
Target customer size
The software is a viable product for medical businesses and practices of all sizes. and EDIinsight's target customer size include: Small business, Medium business.