PowerMed Billing Vs Essential RCM

Shlomi LaviShlomi Lavi / Jun 21, 2021

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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, Essential RCM is rated higher (90/100) than PowerMed Billing (85/100).

Looking for the right Medical Billing solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. In this article we compare between the 2 software products:

How PowerMed compares with 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's 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 & support and other related services. When calculating the TCO it's important to add all of these "hidden cost" as well. We prepared a TCO calculator for PowerMed Billing and Essential RCM.

PowerMed Billing price Starting from $49 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 user/month , when comparing Essential RCM to their 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?

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, 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, and Essential RCM's target customer size include: Medium and large size businesses.

PowerMed Billing

ITQlick rating
(4.2/5)

Starting from $49 per month

Powermed is a cloud-based medical billing solution that is developed to work in all sized practices. It works perfectly in small-sized practices, medium-sized practices, and large-sized practices. Different med...

Categories: Payment Processing, Billing Management, Claims Management, Medical Billing.

Essential RCM

ITQlick rating
(3.7/5)

starts at $149 per user/month

Essential RCM is medical billing software solution medium to large health care providers. Its ultimate goal is to help doctors, laboratories, and hospitals avoid not getting paid. Its key features include billi...

Categories: Payment Processing, Document Management, Claims Management, Medical Billing, Patient Billing Estimate.

Compare specifications

Compare features

PowerMed Billing: 0 Features

We are working to collect the list of features

Essential RCM: 0 Features

We are working to collect the information
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
PowerMed
ITQlick rating
4.2/5
Score
85/100
Pricing
3.2/10
License pricing
Pricing not available
Functionality
7
Compare
Essential
ITQlick rating
3.7/5
Score
90/100
Pricing
4.6/10
License pricing
$149 per user/month
Functionality
8
AdvancedMD
ITQlick rating
4/5
Score
95/100
Pricing
4/10
License pricing
$729 per provider/month
Functionality
13
Therabill
ITQlick rating
4.4/5
Score
94/100
Pricing
2/10
License pricing
$149 per provider/month
Functionality
26
RXNT
ITQlick rating
4.4/5
Score
93/100
Pricing
3/10
License pricing
$65 per month
Functionality
31
Review
Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.