Essential RCM - Top Competitors (Apr 2022)

Shlomi Lavi / updated: Apr 27, 2022

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Essential RCM VS Alternatives in 2022

Essential Revenue Cycle Management is a medical billing and claim processing solution, and its top alternatives include Kareo Billing, EZClaims, Waystar, and athenaCollector. Essential RCM is compared to its top competitors in the sub-categories listed below:

• Cloud/On-premise: Essential RCM is a fully web-based revenue cycle management solution. All top alternatives of Essential RCM are fully cloud-based medical billing solutions.
• Cost: The pricing details of Essential RCM by edgeMED are not disclosed, and no free trial offer is available. In comparison, EZClaims pricing starts at $149 per month for one user, plus $99 for every additional user. Other top alternatives of Essential RCM do not disclose their pricing details, and only EZClaims has a 30-day free trial offer available.
• Customers/Industries: Essential RCM serves healthcare organizations like physician practices, medical billing organizations, hospitals & health systems, accountable care organizations, patient-centered medical homes, etc. Also, the platform is tailored for several specialties, including cardiology, OB/GYN, dermatology, neurology, family medicine, etc. In comparison, Essential RCM and its top alternatives target similar customers and specialties in the healthcare industry. Also, Kareo Billing targets physical therapy providers, and clinical laboratories use Waystar.
• Functionality: Essential RCM has several features for revenue cycle management, including physician credentialing, claims submission, medical coding, secondary insurance, payment reconciliation, business intelligence, etc. Compared to its top alternatives, Essential RCM has business intelligence features available on Kareo Billing, Waystar, and athenaCollector. Also, Kareo Billing and athenaCollector have patient check-in and appointment scheduling solutions, and EZClaims has credit card processing tools, which Essential RCM does not offer.
• Popularity: Essential RCM is a product offering from edgeMED Healthcare, and the platform serves over 36 specialties and 3,600 providers and processes 8 million claims annually. In comparison, over 76,000 providers use Kareo Billing, Waystar serves more than 500,000 providers, over 15,000 customers use EZClaims, and athenaCollector has an ecosystem of over 135,000 healthcare providers.
• Scalability: Essential RCM is a highly scalable web-based medical billing solution fit for practices and organizations of all sizes. All top alternatives of Essential RCM are equally scalable medical billing solutions.
• Support: Customers that use Essential RCM for medical billing can access support through email, phone, and a software education library (knowledge base). Compared to its top alternatives, Essential RCM does not have a live chat support channel available on EZClaims, Kareo Billing, and athenaCollector.