Shlomi Lavi /
Feb 25, 2023
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Bottom Line: Which is Better - Essential RCM or Nextech Practice?
Nextech Practice is more expensive to implement (TCO) than Essential RCM, and Nextech Practice 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. NexTech Systems
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...
NexTech Systems: Nextech’s specialty-focused technology solutions are personalized to meet the unique workflow requirements of specialty providers, helping practices increase efficiencies across their clinical, administrative, financial and marketing functions using a single platform.
Offering all-in-one, ONC-certified electronic medical records (EMR/EHR), prac...
Who is more expensive? Essential RCM or Nextech Practice?
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 Nextech Practice.
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. Nextech Practice price starts at $35 per year , When comparing Nextech Practice to its competitors, the software is rated 6 - similar to the average Medical Billing software cost.
Bottom line: Nextech Practice is more expensive than Essential RCM.
Which software includes more/better features?
We've compared Essential RCM Vs. Nextech Practice 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.
Nextech Practice: We are still working to collect the list of features for Nextech Practice.
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.
NexTech Practice Medical Practice software serves a wide range of medical practices, including private practices, hospitals, clinics, and healthcare organizations.