Shlomi Lavi /
Feb 25, 2023
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Bottom Line: Which is Better - Essential RCM or Therabill?
Essential RCM is more expensive to implement (TCO) than Therabill, and Therabill is rated higher (94/100) than Essential RCM (90/100). Therabill offers users more features (3) than Essential RCM (0). There is a clear winner in this case and it is Therabill!
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. Therabill
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...
Therabill: Our mission is simple: To maintain a simple and affordable therapy practice management solution.
"When I first signed up, I was unsure of whether Therabill would meet my needs. The price was much lower than any other software I had looked at. After using Therabill, I have found that Therabill has all of the features that I need. I am quite im...
Who is more expensive? Essential RCM or Therabill?
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 Therabill.
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. Therabill price starts at $149 per provider/month + $199 setup fee , When comparing Therabill to its competitors, the software is rated 2 - much lower than the average Medical Billing software cost.
Bottom line: Essential RCM is more expensive than Therabill.
Which software includes more/better features?
We've compared Essential RCM Vs. Therabill 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.
Therabill: Billing & Invoicing, Appointment Management, HIPAA Compliant.
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.
Therabill Medical Billing software is specifically designed for mental and behavioral health providers, including psychologists, social workers, counselors, therapists, and other allied health professionals.