Compare Essential RCM and DrsMagic - Feb 2023

Shlomi LaviShlomi Lavi / Feb 25, 2023

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Bottom Line: Which is Better - Essential RCM or DrsMagic?

Essential RCM is more expensive to implement (TCO) than DrsMagic, and DrsMagic is rated higher (92/100) than Essential RCM (90/100).

Looking for the right Medical Billing 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:

edgeMED Healthcare Vs. BayViewSoft

edgeMED Healthcare: edgeMED was established in 1981 with one simple philosophy; Healthcare Above All. Since our inception, edgeMED’s core function has been pioneering the use of technology and expert services that enable healthcare providers to distribute world-class patient safety, clinical outcomes & financial results. From developing one of the nation’s first elect...

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 transi...

Who is more expensive? Essential RCM or DrsMagic?

The real total cost of ownership (TCO) of Medical Billing 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 Essential RCM and DrsMagic.

Essential RCM price starts at $149 per feature/month , On a scale between 1 to 10 Essential RCM is rated 4, which is lower than the average cost of Medical Billing software. DrsMagic price starts at $80 per month , When comparing DrsMagic to its competitors, the software is rated 4 - lower than the average Medical Billing software cost.

Bottom line: Essential RCM cost is around the same cost of DrsMagic.

Which software includes more/better features?

We've compared Essential RCM Vs. DrsMagic based on some of the most important and required Medical Billing features.

Essential RCM: We are still working to collect the list of features for Essential RCM.

DrsMagic: We are still working to collect the list of features for DrsMagic.

Target customer size

Essential RCM Medical Billing software is primarily designed for healthcare providers of all sizes, including medical practices, hospitals, clinics, and other healthcare organizations.

DrsMagic Medical Billing software caters to a broad range of healthcare providers, including individual medical practices, group practices, hospitals, clinics, and ambulatory surgery centers.



Essential RCM

ITQlick rating
(3.7/5)

starts at $149 per feature/month

Essential RCM is medical billing software solution medium to large health care providers. Its ultimate goal is to help doctors, laboratories, and hospitals avoid not getting paid. Its key features include billi...

Categories: Payment Processing, Document Management, Claims Management, Medical Billing.

DrsMagic

ITQlick rating
(4.3/5)

starts at $80 per month

DrsMagic is a Web-based Electronic Medical Record & Medical Billing software solution that offers a wide range of billing needs including CMS 1500, 2006 ADA Dental form and more. The software is offered in two ...

Categories: Document Management, Claims Management, Insurance Data Management, Medical Billing, Remittance Advice.

Compare specifications

Compare features

Essential RCM: 0 Features

We are working to collect the list of features

DrsMagic: 0 Features

We are working to collect the information
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Essentia...
ITQlick rating
3.7/5
Score
90/100
Pricing
4.6/10
License pricing
$149 per feature/month
Functionality
8
Compare
DrsMagic
ITQlick rating
4.3/5
Score
92/100
Pricing
4.4/10
License pricing
$80 per month
Functionality
7
Advanced...
ITQlick rating
4/5
Score
95/100
Pricing
4/10
License pricing
$429 per provider/month
Functionality
13
Therabill
ITQlick rating
4.4/5
Score
94/100
Pricing
2/10
License pricing
$149 per provider/month + $199 setup fee
Functionality
26
RXNT hos...
ITQlick rating
4.4/5
Score
93/100
Pricing
3/10
License pricing
$75 per month
Functionality
31

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.