Shlomi Lavi /
Feb 23, 2023
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Bottom Line: Which is Better - Therabill or Kareo?
Kareo is more expensive to implement (TCO) than Therabill, and Therabill is rated higher (94/100) than Kareo (90/100). Kareo offers users more features (6) than Therabill (3).
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. Kareo
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...
Kareo: Since 2004, Kareo medical office software and services have been purpose-built with small practices in mind. From administration, to electronic health records, to billing and collections, we streamline and simplify operations so doctors can spend more time practicing medicine. And those minutes and hours we give back make a big difference. That’s w...
Who is more expensive? Therabill or Kareo?
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 Kareo.
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. Kareo price starts at $349 per provider/month + 4% - 9% (collections) , When comparing Kareo to its competitors, the software is rated 2 - much lower than the average Medical Billing software cost.
Bottom line: Therabill cost is around the same cost of Kareo.
Which software includes more/better features?
We've compared Therabill Vs. Kareo based on some of the most important and required Medical Billing features.
Therabill: Billing & Invoicing, Appointment Management, HIPAA Compliant.
Kareo: Payment Management, Billing & Invoicing, Scheduling, Compliance , Barcode Scanning.
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.
Kareo Medical Software serves a wide range of healthcare professionals, including physicians, nurse practitioners, physician assistants, therapists, and medical billing companies.