Compare Therabill and Essential RCM - Feb 2023

Shlomi LaviShlomi Lavi / Feb 25, 2023

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Bottom Line: Which is Better - Therabill or Essential RCM?

Essential RCM is more expensive to implement (TCO) than Therabill, and Therabill is rated higher (94/100) than Essential RCM (90/100). Therabill offers users more features (3) than Essential RCM (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:

Therabill Vs. edgeMED Healthcare

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...

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? Therabill 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 Therabill and Essential RCM.

Therabill price starts at $149 per provider/month + $199 setup fee , On a scale between 1 to 10 Therabill 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 Therabill.

Which software includes more/better features?

We've compared Therabill Vs. Essential RCM based on some of the most important and required Medical Billing features.

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

Essential RCM: We are still working to collect the list of features for Essential RCM.

Target customer size

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

Essential RCM Medical Billing software is primarily designed for healthcare providers of all sizes, including medical practices, hospitals, clinics, and other healthcare organizations.

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.

Essential RCM

ITQlick rating
(3.7/5)

starts at $149 per feature/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

Therabill: 3 Features

Billing & Invoicing
Appointment Management
HIPAA Compliant

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
Therabill
ITQlick rating
4.4/5
Score
94/100
Pricing
2/10
License pricing
$149 per provider/month + $199 setup fee
Functionality
26
Compare
Essentia...
ITQlick rating
3.7/5
Score
90/100
Pricing
4.6/10
License pricing
$149 per feature/month
Functionality
8
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.