Shlomi Lavi /
Feb 22, 2023
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Bottom Line: Which is Better - Kareo or CollaborateMD?
CollaborateMD is more expensive to implement (TCO) than Kareo, and Kareo is rated higher (90/100) than CollaborateMD (82/100). CollaborateMD offers users more features (7) than Kareo (6).
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:
Kareo Vs. CollaborateMD
Kareo: Since 2004, Kareo medical office software and services have been purpose-built with small practices in mind. From administration, to electronic health records, to billing and collections, we streamline and simplify operations so doctors can spend more time practicing medicine. And those minutes and hours we give back make a big difference. That’s w...
CollaborateMD : CollaborateMD was founded in 1999 to help medical practices and medical billing services thrive in the jungle of ever changing government and insurance payer regulations without having to spend a fortune on software, support, and hardware. Our mission was simple one: provide a software solution where we handle all of the hardware and software compo...
Who is more expensive? Kareo or CollaborateMD?
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 Kareo and CollaborateMD.
Kareo price starts at $349 per provider/month + 4% - 9% (collections) , On a scale between 1 to 10 Kareo is rated 2, which is much lower than the average cost of Medical software. CollaborateMD price starts at $194 per month , When comparing CollaborateMD to its competitors, the software is rated 4 - lower than the average Medical software cost.
Bottom line: CollaborateMD is more expensive than Kareo.
Which software includes more/better features?
We've compared Kareo Vs. CollaborateMD based on some of the most important and required Medical features.
Kareo: Payment Management, Billing & Invoicing, Scheduling, Compliance , Barcode Scanning, Medical.
CollaborateMD: Billing & Invoicing, Inventory Management, Appointment Management, E-Prescribing, HIPAA Compliant.
Target customer size
Kareo Medical Software serves a wide range of healthcare professionals, including physicians, nurse practitioners, physician assistants, therapists, and medical billing companies. Customers of the software include medical businesses and practices of all sizes.