Shlomi Lavi /
Feb 25, 2023
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Bottom Line: Which is Better - PowerMed Billing or Essential RCM?
Essential RCM is more expensive to implement (TCO) than PowerMed Billing, and Essential RCM is rated higher (90/100) than PowerMed Billing (85/100).
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:
PowerMed Vs. edgeMED Healthcare
PowerMed: Powermed is a privately held company based in Portland, Maine. PowerMed has been in the forefront of the EMR industry since inception, providing Medical Practice Management solutions, expertise and Healthcare IT leadership in the US and Internationally since the early 90's. In 2005 PowerMed released a fully integrated software suite developed from...
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...
Who is more expensive? PowerMed Billing or Essential RCM?
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 PowerMed Billing and Essential RCM.
PowerMed Billing price starts at $249 per month , On a scale between 1 to 10 PowerMed Billing is rated 2, which is much lower than the average cost of Medical Billing software. Essential RCM price starts at $149 per feature/month , When comparing Essential RCM to its competitors, the software is rated 4 - lower than the average Medical Billing software cost.
Bottom line: Essential RCM is more expensive than PowerMed Billing.
Which software includes more/better features?
We've compared PowerMed Billing Vs. Essential RCM based on some of the most important and required Medical Billing features.
PowerMed Billing: We are still working to collect the list of features for PowerMed Billing.
Essential RCM: We are still working to collect the list of features for Essential RCM.
Target customer size
PowerMed Billing's typical customers include: SMBs,
Essential RCM Medical Billing software is primarily designed for healthcare providers of all sizes, including medical practices, hospitals, clinics, and other healthcare organizations.