Compare DrChrono EHR and Wave Accounting - Feb 2023

Shlomi Lavi

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Bottom Line: Which is Better - DrChrono EHR or Wave Accounting?

Wave Accounting is more expensive to implement (TCO) than DrChrono EHR, and Wave Accounting is rated higher (97/100) than DrChrono EHR (94/100). DrChrono EHR offers users more features (10) than Wave Accounting (5).

Looking for the right Medical solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

DrChrono Vs. Wave Accounting

DrChrono: DrChrono EHR is a web based electronic health record solution for medical businesses of small and medium size. Its capabilities include electronic prescribing, scheduling, practice management, and others. The software was designed and launched by DrChromo Inc headquartered in Sunnyvale CA, United States.

Wave Accounting: Wave Accounting is an awesome, cloud-based, integrated software and tools for small businesses. So far, that includes Invoicing, Accounting, Payroll, Payments and more, plus Personal Finance Software, too.

Who is more expensive? DrChrono EHR or Wave Accounting?

The real total cost of ownership (TCO) of Medical software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for DrChrono EHR and Wave Accounting.

DrChrono EHR price starts at $199 per provider/month , On a scale between 1 to 10 DrChrono EHR is rated 4, which is lower than the average cost of Medical software. Wave Accounting accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 DrChrono EHR is rated 4, which is lower than the average cost of Medical software.

Bottom line: DrChrono EHR cost is around the same cost of Wave Accounting.

Which software includes more/better features?

We've compared DrChrono EHR Vs. Wave Accounting based on some of the most important and required Medical features.

DrChrono EHR: Chat, Payment Management, Compliance , Appointment Management, Charting, E-Prescribing, Medication history, Patient portal.

Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.

Target customer size

DrChrono EHR (Electronic Health Records) is a cloud-based software solution designed specifically for healthcare providers. Wave Accountancy is perfect for small to medium companies with 9 or much less workers.