Shlomi Lavi /
Feb 25, 2023
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Bottom Line: Which is Better - PowerMed Billing or Nextech Practice?
Nextech Practice is more expensive to implement (TCO) than PowerMed Billing, and Nextech Practice is rated higher (92/100) 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. NexTech Systems
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...
NexTech Systems: Nextech’s specialty-focused technology solutions are personalized to meet the unique workflow requirements of specialty providers, helping practices increase efficiencies across their clinical, administrative, financial and marketing functions using a single platform.
Offering all-in-one, ONC-certified electronic medical records (EMR/EHR), prac...
Who is more expensive? PowerMed Billing or Nextech Practice?
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 Nextech Practice.
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. Nextech Practice price starts at $35 per year , When comparing Nextech Practice to its competitors, the software is rated 6 - similar to the average Medical Billing software cost.
Bottom line: Nextech Practice is more expensive than PowerMed Billing.
Which software includes more/better features?
We've compared PowerMed Billing Vs. Nextech Practice 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.
Nextech Practice: We are still working to collect the list of features for Nextech Practice.
Target customer size
PowerMed Billing's typical customers include: SMBs,
NexTech Practice Medical Practice software serves a wide range of medical practices, including private practices, hospitals, clinics, and healthcare organizations.