Compare PowerMed Billing and Therabill - Feb 2023

Shlomi LaviShlomi Lavi / Feb 23, 2023

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Bottom Line: Which is Better - PowerMed Billing or Therabill?

PowerMed Billing is more expensive to implement (TCO) than Therabill, and Therabill is rated higher (94/100) than PowerMed Billing (85/100). Therabill offers users more features (3) than PowerMed Billing (0). There is a clear winner in this case and it is Therabill!

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. Therabill

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...

Therabill: Our mission is simple: To maintain a simple and affordable therapy practice management solution. "When I first signed up, I was unsure of whether Therabill would meet my needs. The price was much lower than any other software I had looked at. After using Therabill, I have found that Therabill has all of the features that I need. I am quite im...

Who is more expensive? PowerMed Billing or Therabill?

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 Therabill.

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. Therabill price starts at $149 per provider/month + $199 setup fee , When comparing Therabill to its competitors, the software is rated 2 - much lower than the average Medical Billing software cost.

Bottom line: PowerMed Billing cost is around the same cost of Therabill.

Which software includes more/better features?

We've compared PowerMed Billing Vs. Therabill 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.

Therabill: Billing & Invoicing, Appointment Management, HIPAA Compliant.

Target customer size

PowerMed Billing's typical customers include: SMBs,

Therabill Medical Billing software is specifically designed for mental and behavioral health providers, including psychologists, social workers, counselors, therapists, and other allied health professionals.



PowerMed Billing

ITQlick rating
(4.2/5)

starts at $249 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.

Therabill

ITQlick rating
(4.4/5)

starts at $149 per provider/month + $199 setup fee

Therabill is a cloud-based medical software for small to large mental health and speech therapy institutions. Its key features include Home health management, Physician management, Automated scheduling, Documen...

Categories: Billing & Invoicing, Medical, CCHIT Certified EMR / EHR, Cloud Based EMR, Electronic Medical Records.

Compare specifications

Compare features

PowerMed Billing: 0 Features

We are working to collect the list of features

Therabill: 3 Features

Billing & Invoicing
Appointment Management
HIPAA Compliant
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
$249 per month
Functionality
7
Compare
Therabill
ITQlick rating
4.4/5
Score
94/100
Pricing
2/10
License pricing
$149 per provider/month + $199 setup fee
Functionality
26
Advanced...
ITQlick rating
4/5
Score
95/100
Pricing
4/10
License pricing
$429 per provider/month
Functionality
13
RXNT hos...
ITQlick rating
4.4/5
Score
93/100
Pricing
3/10
License pricing
$75 per month
Functionality
31
DrsMagic
ITQlick rating
4.3/5
Score
92/100
Pricing
4.4/10
License pricing
$80 per month
Functionality
7

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.