Streamline Your Healthcare Practice
Electronic health record (EHR) billing software is an essential tool for healthcare practices looking to streamline their administrative processes while ensuring accurate and timely billing. As the healthcare industry continues to evolve, these systems help reduce errors, enhance revenue cycle management and improve overall operational efficiency. Let's look at ten of the top EHR medical billing software systems available on the market today.
1. Epic Systems
Epic Systems is renowned for its robust integration capabilities and comprehensive solution set. Key features include advanced coding support, claims management, automated claim scrubbing and integrated analytics for revenue optimization. However, Epic is best suited for large organizations and enterprise-level practices, with costs typically starting in the high six-figure range and escalating based on the organization’s size and customization needs.
2. Praxis EMR
Praxis EMR caters primarily to smaller to mid-sized medical practices, offering an intuitive, user-friendly interface with flexible billing features. This system supports appointment scheduling, patient communication and streamlined charge capture, which is essential for efficient revenue cycle management. Praxis EMR also provides automated coding assistance and integration with common payment processors. Costs can vary significantly with a subscription model often tailored to a practice’s size and volume, making it a cost-effective solution for many.
3. TruBridge
TruBridge is a competitive EHR billing solution tailored to meet the diverse needs of healthcare practices across different sizes. Key functionalities include automated claim submission, customized reporting dashboards and sophisticated denial management protocols that help practices reduce days in accounts receivable. TruBridge follows a flexible subscription model with options to pay per provider or on a practice-wide basis, making it a feasible alternative for both emerging practices and established institutions looking for scalable and cost-effective solutions.
4. Oracle Health
Oracle Health is one of the leading healthcare IT providers, offering a full suite of EHR functionalities alongside sophisticated billing modules. With features such as comprehensive coding support, claims management, automated reconciliation and advanced analytics, Oracle Health is highly effective at aligning clinical and billing data. Designed for large enterprises, this solution’s cost is reflective of its expansive capabilities and implementation complexity, typically requiring a significant investment both initially and on an ongoing basis.
5. NextGen Healthcare
NextGen Healthcare offers a robust EHR solution with an integrated billing system that is especially appreciated by specialty practices. Its suite of features includes flexible reporting tools, automated claims submission, integrated payment processing and recurring billing capabilities. NextGen Healthcare is known for offering customization options to suit niche clinical needs and, while its pricing is mid- to high-range, it is considered a balanced option in terms of cost versus versatility for practices aiming to streamline revenue cycles.
6. eClinicalWorks
A market leader in cloud-based EHR systems, eClinicalWorks delivers an integrated billing solution that supports a wide range of practice sizes. Its billing module automates claims processing, features a patient payment portal and provides extensive reporting capabilities. Due to its cloud-based infrastructure, eClinicalWorks offers scalable pricing plans that can reduce the need for large upfront investments. This results in a more predictable operational expense model that benefits practices of varied sizes, particularly those looking to minimize IT maintenance costs.
7. Meditech
Meditech is noted for its long-standing reputation in the healthcare IT arena, offering an EHR solution that includes integrated billing functionality. Its system provides reliable charge capture, coding support and revenue management tools that are continuously updated to meet changing regulatory requirements. Designed to support medium-sized hospitals and health systems, Meditech’s pricing is competitive within the traditional EHR market, with costs structured around both initial deployment and ongoing service agreements.
8. Veradigm
Veradigm provides an extensive, modular EHR platform that includes a comprehensive billing system. Features such as claim tracking, automated claims submission, denial management and detailed financial reporting are integrated into its offering. Veradigm is versatile and can be adapted to both large hospitals and smaller clinical practices. With flexible deployment options ranging from on-premise to cloud-based solutions, the cost structure is equally flexible and often involves a mix of subscription fees and implementation costs that vary with the complexity of the installation.
9. Practice Fusion
Known for its cloud-based design and accessibility for smaller practices, Practice Fusion offers an efficient and cost-effective EHR billing solution. Despite its simplicity, it provides essential features including basic coding support, claim management and patient billing interfaces. Its lean design is optimized for ease of use and many practices appreciate its transparent pricing model, often featuring a low monthly fee per provider or a free version with the option to upgrade as needed.
10. Athenahealth
Athenahealth’s cloud-based EHR and billing system is highly regarded for its comprehensive approach to revenue cycle management. Key features include real-time claims editing, automated denials management, patient engagement tools and a unified view of clinical and financial data. Athenahealth’s subscription model is based on a percentage of collections or a fixed monthly fee per provider, making it an attractive option for practices aiming to align cost with performance outcomes and streamline operational workflows.
Selecting the right EHR medical billing software depends on the size, needs and financial constraints of a healthcare organization. By evaluating these top ten systems, organizations can find a solution that not only supports their billing and revenue cycle management needs, but also contributes to overall operational efficiency and improved patient care.