Streamlined Healthcare Billing with EMR, PMS & Clearinghouse
Practice Management System
A Practice Management System (PMS) / Billing Software is a specialized healthcare platform that streamlines the daily operations of medical practices by integrating appointment scheduling, insurance verification, billing, and claims management under one platform.
Key Functions
- 🩺 Patient Registration: Register patients with complete demographic and insurance information.
- âś… Insurance Verification: Check patient eligibility in real time before appointments to reduce claim denials.
- đź“… Scheduling & Reminders: Easy scheduling of appointments and automatic text reminders to reduce no-shows.
- đź“‘ Claims Management: Generate and submit claims electronically using accurate CPT/ICD coding.
- đź’ł Payment Posting: Record insurance and patient payments, ensuring accounts are up to date and revenue is tracked correctly.
- đźš« Denials Handling: Track claim status and manage rejections and denials effectively.
- 🔄 Follow-up: Keep track of unfinished claims, like unpaid patient bills and insurance claims.
- 📊 Financial Reporting: Customizable reporting with filters for provider, payer, location, or time period.
- 📬 Patient Statement: The bill from the practice after insurance response, sent to the patient by mail or online.
Practice Management System Pricing Comparison
| Features | Tebra | AdvancedMD | eCW |
|---|---|---|---|
| PMS – Low volume | $179.00 | - | - |
| PMS – Full Time | $359.00 | $429.00 | - |
| EMR+PMS (Full time) | $599.00 | $729.00 | $599.00 |
| EMR+PMS (Low volume) | $299.00 | - | $299.00 |
For low volume up to 50 e-claims can be submitted, for each additional claim will be charged $0.99
Disclaimer: Prices shown are estimates as of August 2025. For the most accurate and up-to-date pricing, please confirm with each PMS directly.
Electronic Medical Record
An Electronic Medical Record (EMR) is the digital version of a patient’s paper chart used in a single doctor’s office or clinic. It keeps all the patient’s health information in one place, making it easier for the practice.
Key Features
- đź“‹ Patient Medical History: Keeps records of past illnesses, allergies, vaccines, surgeries, and test results.
- 📝 Clinical Notes: Stores doctors' notes, visit summaries, and treatment plans in one place.
- đź§Ş Orders & Results: Allows doctors to order lab tests or scans and view results in the same system.
- đź’Š E-Prescribing: Sends prescriptions to pharmacies and tracks medicines, doses, and refills.
- đź”” Alerts & Reminders: Reminds doctors about preventive care and flags unsafe medicines or abnormal results.
Electronic Medical Record Pricing Comparison
| Features | Tebra | AdvancedMD | eCW |
|---|---|---|---|
| EMR – Low volume | $119.00 | - | - |
| EMR – Full Time | $239.00 | - | - |
| EMR+PMS (Full time) | $599.00 | $729.00 | $599.00 |
| EMR+PMS (Low volume) | $299.00 | - | $299.00 |
Disclaimer: Prices shown are estimates as of August 2025. For the most accurate and up-to-date pricing, please confirm with each vendor directly.
Clearing House
A Clearinghouse (CL) is a third-party platform that connects healthcare providers with insurance companies. The key role is to check and transmit claims electronically, ensuring they meet payer requirements before reaching the payer. The Clearinghouse also transmits payment details in the form of an Electronic Remittance Advice (ERA) back to the provider’s billing software.
Billing Features
- ✔️ Eligibility Verification: Confirms if the patient’s insurance coverage is active before the appointment.
- 📤 Claim Submission (EDI): Allows providers to send claims to multiple payers through one platform.
- ❌ Claim Rejection: Checks and notifies the errors in the claims back to the billing system to reduce payer denials.
- đź’° Electronic Remittance Advice (ERA): Provides detailed payment information and explanations from payers, integrating automatically into the billing system.
- 📊 Tracking & Reporting: Provides real-time visibility on claim submission status.
Clearinghouse Fees by Vendor
| Features | Tebra | AdvancedMD | eCW |
|---|---|---|---|
| Clearinghouse fee (Trizetto) | $0 (included in PMS) | $0 (included in PMS) | $89.00 |
| Clearinghouse fee (Waystar) | N/A | N/A | $89.00 |
Disclaimer: Costs shown are approximate (as of August 2025). For updated pricing, contact each vendor directly.
Patient Statement Paper Cost
A patient statement is a medical bill that a healthcare provider sends to a patient, outlining services provided, insurance coverage, and remaining balance.
Why We Send Patient Statements
- đź’ˇ Patient Engagement & Transparency: Keeps patients informed about balances.
- 📜 Compliance Requirement: Required under HIPAA and No Surprises Act.
- đź’° Revenue Cycle: Helps recover unpaid balances.
- 🛡️ Legal Protection: Provides proof patients were informed.
Patient Statement Costs by Vendor
| Vendor / Clearinghouse | 1st Page Cost | Additional Page Cost | Notes |
|---|---|---|---|
| Tebra (Trizetto) | $1.05 | $0.24 | Uses Trizetto |
| AdvancedMD (Optum) | $0.89 | $0.16 | Uses Optum |
| eCW (Trizetto) | $0.88 | $0.16 | Uses Trizetto |
| eCW (Waystar) | $0.90 | $0.16 | Uses Waystar |
Disclaimer: Prices shown are estimates as of August 2025. Please confirm directly with each vendor.
