Shlomi 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.