Therabill Vs Essential RCM (Jul 2020)

Shlomi LaviShlomi Lavi / Jul 21, 2020

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

Essential RCM is more expensive to implement (TCO) than Therabill, Therabill is rated higher (94/100) than Essential RCM (90/100). Therabill offers more features (3) to their users 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 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 Therabill compares with 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's 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 & 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 Therabill and Essential RCM.

Therabill price starts at $149 per provider , 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 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 Therabill.

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 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 is suitable for solo therapists and group practices and also supports managing multiple offices. and Essential RCM's target customer size include: Medium and large size businesses.

Therabill

ITQlick rating
(4.4/5)

starts at $149 per provider

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 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

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 ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
94/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2/10
License pricing license pricing (if provided by the software vendor)
$149 per provider
Functionality
26
Compare
Essential
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
90/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4.6/10
License pricing license pricing (if provided by the software vendor)
$149 per user/month
Functionality
8
AdvancedMD
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
95/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4/10
License pricing license pricing (if provided by the software vendor)
$729 per provider/month
Functionality
13
RXNT
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
93/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3/10
License pricing license pricing (if provided by the software vendor)
$65 per month
Functionality
31
Review
DrsMagic
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
92/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4.4/10
License pricing license pricing (if provided by the software vendor)
$80 per user/month
Functionality
7
Author
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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.