Compare Kareo and CollaborateMD - Feb 2023

Shlomi LaviShlomi 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.



Kareo

ITQlick rating
(4.1/5)

starts at $349 per provider/month + 4% - 9% (collections)

Kareo EHR is a web-based Meaningful Use Stage 2 certified medical electronic health record (EHR) and practice management solution designed for physicians in small practices and billing companies.

Categories: Billing & Invoicing, Payment Processing, Recurring invoicing, Compliance .

CollaborateMD

ITQlick rating
(4.1/5)

starts at $194 per month

CollaborateMD is a cloud-based practice management system that is developed to be used in all types of mental health care practices. these practices can include occupational therapy, behavioral therapy, speech ...

Categories: Billing & Invoicing, Payment Processing, Inventory Management, Compliance , SSO: Single sign on.

Compare specifications

Kareo Specifications

ITQlick Score: 90/100
ITQlick Rating:
Pricing: 2/10 - low cost
Category: Medical -> Kareo review
Company: Kareo
Pricing: starts at $349 per provider/month + 4% - 9% (collections)
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: Kareo review, Kareo pricing, Kareo alternatives

Compare features

Kareo: 6 Features

Payment Management
Billing & Invoicing
Scheduling
Compliance
Barcode Scanning
Medical

CollaborateMD: 7 Features

Billing & Invoicing
Inventory Management
Appointment Management
E-Prescribing
HIPAA Compliant
Patient portal
Medical
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
Kareo
ITQlick rating
4.1/5
Score
90/100
Pricing
2/10
License pricing
$349 per provider/month + 4% - 9% (collections)
Functionality
31
Review
Compare
CollaborateMD
ITQlick rating
4.1/5
Score
82/100
Pricing
4.4/10
License pricing
$194 per month
Functionality
37
NextGen ...
ITQlick rating
4.5/5
Score
99/100
Pricing
2/10
License pricing
$299 per provider/month
Functionality
20
Practice...
ITQlick rating
4.5/5
Score
99/100
Pricing
2.6/10
License pricing
$149 per provider/month
Functionality
41
WebPT
ITQlick rating
4.4/5
Score
98/100
Pricing
4/10
License pricing
$3 per provider/day
Functionality
30
Review

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.