RE: PoweredMD Cost

How much does it cost to purchase and implement PoweredMD?
What is the break-down cost of licenses, maintenance and support, installation, customization, data migration and training?

administrator Vice Professor Asked on July 3, 2024 in Medical.
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1 Answers

Software price

PoweredMD offers three pricing plans: Basic, Pro, and Enterprise. The Basic plan starts at $99 per user per month, the Pro plan is $199 per user per month, and the Enterprise plan requires a custom quote.

Plans compared

The Basic plan includes features such as appointment scheduling and electronic health records. The Pro plan adds features like telemedicine and revenue cycle management. The Enterprise plan offers advanced customization and integration options.

Plans fit

The Basic plan is best suited for small medical practices with limited needs. The Pro plan is ideal for growing practices looking to optimize their operations. The Enterprise plan is designed for large healthcare organizations with complex requirements.

Other cost

Implementation cost for PoweredMD varies based on the size of the practice and customization required. On average, implementation can cost between $1,000 to $10,000. Customization cost starts at $500 for small practices and can go up to $5,000 for larger organizations. Training cost ranges from $500 to $2,000 per user depending on the plan.

One time fees

PoweredMD does not require specific hardware, but there may be additional costs for data migration and setup. These one-time fees can range from $500 to $5,000 depending on the practice size and requirements.

Alternatives compared

Compared to alternatives like AdvancedMD and Kareo, PoweredMD’s Basic plan is more affordable for small practices. However, for larger organizations, the Enterprise plan may be pricier than similar offerings from competitors like Athenahealth and eClinicalWorks.

Verdict

PoweredMD offers a competitive pricing structure with options for practices of all sizes. While the Basic and Pro plans are reasonably priced and feature-rich, the Enterprise plan’s custom pricing may be a deterrent for some organizations. Overall, PoweredMD provides good value for money, earning a pricing grade of 85 out of 100.

Vice Professor Answered on July 3, 2024.
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