Essential RCM Review - why 3.7 stars?

Essential RCM Review
ITQlick Score: 90/100
ITQlick Rating:
(3.7/5)
Pricing: 4.6/10 - average cost
Category: Medical Billing -> Essential RCM review
Ranking:Ranked 6 out of 98 Medical Billing systems
Company: edgeMED Healthcare
Pricing: starts at $149 per feature/month
Typical customers: Medium and large size businesses
Platforms: Desktop, Cloud
Links: Essential RCM pricing, Essential RCM alternatives
Shlomi LaviShlomi Lavi / updated: Apr 27, 2022

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What is Essential RCM?

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 billing, collection, and claims management. It is built and launched by edgeMED Healthcare which was founded in 1981 which has now up to 200 employees. The company specializes in Revenue Cycle Management, Practice Management Software, Electronic Health Records, and more. It is currently headquartered at Boca Raton, Florida.

Who is it best for?

The typical customers include the following business size: Medium and large size businesses.

What is the actual cost?

The cost of license starts at $149 per feature/month. ITQlick pricing score is 4.6 out of 10 (10 is most expensive). Access ITQlick pricing guide for Essential RCM.

Pros

  • Essential RCM is a feature-rich medical billing platform
  • The platform is web-based, making it accessible anywhere and saving server and installation costs for users
  • Essential RCM serves a wide range of healthcare organizations and specialties

Cons

  • Essential RCM does not offer appointment scheduling and patient check-in features like some of its top alternatives
  • The platform does not offer a credit card processing feature like its top alternatives

How it stacks up?

Access a head to head analysis of Essential RCM vs alternative software solutions.
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License pricing
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Essentia...
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3.7/5
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90/100
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4.6/10
License pricing
$149 per feature/month
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8
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Therabill
ITQlick rating
4.4/5
Score
94/100
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2/10
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$149 per provider/month + $199 setup fee
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26
RXNT hos...
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93/100
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31
DrsMagic
ITQlick rating
4.3/5
Score
92/100
Pricing
4.4/10
License pricing
$80 per month
Functionality
7

Frequently Asked Questions (FAQs)

Is it the best Medical Billing system?

Essential RCM is ranked 6 out of 98 software in their category (Medical Billing systems).

How they are rated on ITQlick?

The rating of Essential RCM is 3.7 stars out of 5 and the total score is 90 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Essential RCM makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently Essential RCM can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between Essential RCM and alternatives?

The most popular alternatives to Essential RCM in 2022: AdvancedMD, Therabill, RXNT hospice, DrsMagic, HARP. Access the complete competitors analysis here - Essential RCM VS Medical Billing Software alternatives.

Is Essential RCM right for you or your business?

Essential RCM is a medical billing and revenue cycle management solution that serves physician practices, patient-centered medical homes, hospitals, accountable care organizations, etc., across several specialties, including cardiology, dermatology, mental health, and family medicine. The platform is cloud-based and fit for operations of all sizes.

List of categories

Payment Processing
Document Management
Claims Management
Medical Billing
Patient Billing Estimate
Patient Records
Practice Management
Remittance Advice

Author - 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.