Shlomi Lavi / Sep 07, 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
BayViewSoft: Recent New York Times article shows most small clinics with 1-3 doctors aren’t using electronic health records. According to American Academy of Family Physicians, $30,000 per doctor minimum amount required to implement an e-health records system. It is our mission to bring doctors to the digital era with the latest technology that makes the transition to the digital era at an affordable price and the same time an enjoyable experience.
DrsMagic strives to meet the needs of clinics and medical billing professionals. Our developers combine decades of experiences in computer programming with latest cutting-edge technology. With database support, you will find the patient records in a few key strokes, not through piles of paper folders. What is most important, DrsMagic performs stringent checks to allow you to correct those mistakes before submitting claims to avoid delay. Our build-in electronic insurance filing (EDI) capibility allows you to bulk file and get paid faster. DrsMagic makes comprehensive reports on the payment status. With a few clicks and key strokes, doctors can retrieve and add diagnoses and SOAP notes, attach relevant files such as X-ray images to patient's record.
Our cutting edge technology is also applied to the new forms of New York Workers Compensation Board. In this case, the DrsMagic platform can handle both paper and electronic XML filing of the C-4* forms.
AdvancedMD: AdvancedMD, based in Salt Lake City, Utah, is part of a globally-trusted company with nearly $11B in revenues and approximately 620,000 clients, including more than 45,000 U.S.-based physicians. Our company is one of the world’s largest providers of cloud-based software, including an ONC-ATCB-CCHIT 2011-2012 Certified complete electronic health record. ADP helps clients comply with regulatory and legislative changes, such as the Affordable Care Act (ACA).
You’ll love AdvancedMD because you can replace five or more systems with an all-in-one EHR and practice management solution that allows you to optimize schedules, simplify check-in and checkout, document patient encounters, prescribe and order, capture and pursue revenue, measure financial performance and practice on the go.
AdvancedMD simply makes running your practice easier. Single sign-on from any location means you have immediate data access and comprehensive billing performance with minimal data entry. Everything is at your fingertips. There’s no software to install or maintain. Speed is renowned. Access is secure. You’ll always have help from our support experts. It’s the freedom to practice without barriers!
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 DrsMagic TCO and AdvancedMD Medical Billing total cost to help with the total cost of ownership calculation.
DrsMagic price Starting from $80 per user/month , on a scale between 1 to 10 DrsMagic is rated 4, which is lower than the average cost of Medical Billing software. AdvancedMD Medical Billing price Starting from $729 per provider/month , when comparing AdvancedMD Medical Billing to their competitors, the software is rated 4 - lower than the average Medical Billing software cost.
Bottom line: DrsMagic cost is around the same cost of AdvancedMD Medical Billing.
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 DrsMagic Vs. AdvancedMD based on some of the most important and required Medical Billing features.
DrsMagic: We are still working to collect the list of features of DrsMagic. .
AdvancedMD Medical Billing list of features include the following: Medical, Medical, EMR & EHR, .
Target customer size
DrsMagic's typical customers include: Small business, Medium business, and AdvancedMD Medical Billing's target customer size include: Small business, Medium business, Large business.