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Meditech: Pricing, Reviews, and Alternatives

Meditech: Pricing, Reviews, and Alternatives

Meditech Expanse is an EHR software designed to evolve with the needs of organizations, providers, and communities. It aims to facilitate better business practices, reduce burdens on clinicians, and improve patient outcomes. In this article, we'll share the key facts you need to know about Meditech, including its capabilities such as extending and enhancing the EHR with the cloud platform, connecting remote sites, protecting patient data, offering virtual care, and providing a patient and consumer health portal.

How much does Meditech cost?

Modernizing Medicine doesn't list its prices online, so if you want the specifics, you can email them at [email protected] to find out. But, drawing from what's generally known in the industry, we can give you a rough idea of what it might cost:

Hospitals

  • Small Hospitals (up to 100 beds): Estimated Cost: $1 - $2 million initial setup, plus $300,000 - $600,000 annually for maintenance and support.
  • Medium Hospitals (100 - 500 beds): Estimated Cost: $2 - $7 million initial setup, plus $600,000 - $1 million annually.
  • Large Hospitals (over 500 beds): Estimated Cost: $7 - $20 million initial setup, plus $1 - $2 million annually.

Specialty Groups and Clinics

  • Small Clinics (1-10 providers): Estimated Cost: $100,000 - $350,000 initial setup, plus $50,000 - $150,000 annually.
  • Medium Specialty Groups (10-50 providers): Estimated Cost: $350,000 - $1 million initial setup, plus $150,000 - $400,000 annually.
  • Large Specialty Groups (over 50 providers): Estimated Cost: $1 - $3 million initial setup, plus $400,000 - $800,000 annually.

Primary Care Practices

  • Small Practices (1-3 providers): Estimated Cost: $50,000 - $200,000 initial setup, plus $25,000 - $100,000 annually.
  • Medium Practices (4-10 providers): Estimated Cost: $200,000 - $500,000 initial setup, plus $100,000 - $200,000 annually.
  • Large Practices (over 10 providers): Estimated Cost: $500,000 - $1 million initial setup, plus $200,000 - $400,000 annually.

Benefits and differentiators Meditech

While Epic has many applications, three key areas are especially noteworthy:

  • Mobile-Enabled Web-Based EHR: MEDITECH Expanse offers a comprehensive, mobile-capable EHR with unique features like voice-command virtual assistants and secure remote access, enhancing collaboration and care coordination.
  • Interoperability and Integration: Known for its strong interoperability capabilities, Meditech facilitates data sharing across platforms and healthcare organizations, promoting collaboration and care continuity.
  • Award-Winning EHR: Recognized for its excellence, Meditech has received accolades like the KLASS 2022 award, highlighting its effectiveness in the healthcare industry.

Scenarios where Meditech is a good choice

Meditech's EMR is particularly suitable for community hospitals and smaller healthcare organizations that require a cost-effective, yet comprehensive EMR solution tailored to their needs. For organizations looking to transition to a cloud-based system, Meditech's Cloud Platform offers a seamless way to extend and enhance their EHR capabilities. Additionally, healthcare providers focusing on patient engagement and virtual care will find Meditech's patient portal and telehealth features valuable assets in delivering a modern, patient-centered experience.

Scenarios where Meditech may not be a good choice

For healthcare organizations with a strong focus on research and data analysis, Meditech's EMR might not be the ideal choice. These organizations may find that Meditech's data analytics capabilities are not as robust as those offered by competitors like Epic, which has a proprietary database, Cosmos, for large-scale data analysis. Additionally, large healthcare systems with complex workflows and a need for extensive customization might find Meditech's EMR less suitable. While Meditech is designed to be flexible and adaptable, it may not offer the same level of customization and scalability as other EMR systems tailored for larger organizations. Finally, healthcare providers that prioritize seamless integration with third-party applications may encounter limitations with Meditech's EMR. Although Meditech offers integration options, it might not be as extensive as the interoperability features provided by other EMR systems, such as Epic's Care Everywhere.

While Meditech's EMR excels in various scenarios, particularly for community hospitals and smaller healthcare organizations, its data analytics capabilities, customization options, and third-party integration features might not be as comprehensive as those offered by competitors, making it a less ideal choice for certain healthcare settings.

Reviews of Meditech

Users on G2 have given Meditech Expanse an overall rating of 3.1 out of 5. Below, we've summarized some of their key pros and cons of the platform.

Positives in Meditech's Reviews

  • User-Friendly Interface: Meditech Expanse is praised for its user-friendly interface, clean workspace, and ease of navigation, making it simple for users to learn and operate.
  • Easy to Learn: Users appreciate that Meditech Expanse is easy to learn, allowing them to quickly become proficient in using the software.
  • Efficient Workflow: Meditech Expanse is commended for not requiring a lot of extra steps, streamlining the workflow for healthcare professionals.

Negatives in Meditech's Reviews

  • Complexity and Learning Curve: Some users pointed out that Meditech's complexity and extensive features can make it relatively difficult to learn and navigate, particularly for new users.
  • Cost and Resource Intensiveness: A few reviews highlighted that implementing and maintaining Meditech can be resource-intensive, requiring substantial internal employee involvement and training.
  • Limited Customization in Certain Areas: There were mentions of limitations in health maintenance options and difficulties in certain customizations.

Alternatives to Meditech

In scenarios where Meditech's EMR may not be the ideal choice, alternative EMR systems can better cater to those specific needs:

Healthcare Organizations Focused on Research and Data Analysis:

  • Epic: Offers robust data analytics capabilities and large-scale data analysis, ideal for organizations that prioritize research and data-driven insights.
  • Cerner: Known for its extensive data analysis tools, suitable for healthcare organizations emphasizing research and data utilization.

Large Healthcare Systems with Complex Needs:

  • Allscripts: Provides scalability and extensive customization options, making it a good fit for larger healthcare organizations with complex workflows.
  • Cerner: Renowned for its adaptability to complex healthcare environments, offering scalability and customization for large systems.

Healthcare Providers Prioritizing Third-party Integration:

  • Epic: Features extensive interoperability capabilities, allowing for seamless integration with a wide range of third-party applications.
  • Greenway Health: Offers significant integration features, ideal for healthcare providers seeking robust interoperability with third-party systems.

How you can use Tennr to get the most out of your EMR.

At Tennr, we understand the challenges that come with using an EMR like Meditech. That's where we come in! While we're not an EMR ourselves, we specialize in integrating with them to automate those repetitive tasks that slow down your team and your business. Our goal is to streamline your processes, making things smoother so you can focus more on patient care.

Opportunities for automating EMR tasks.

Here are a couple of places in Meditech where bringing in Tennr could really help. Check out Tennr and sign up today to explore how we can help you!

Inbound Referrals:

We can streamline how you handle incoming referrals in Meditech. It uses AI to pull patient details and then RPA (robotic process automation) to set up new patient profiles and book appointments. This not only saves time but also cuts down on those tedious data entry mistakes. Here's a quick demo of how we do this at Tennr! 👇🏾

https://www.loom.com/share/1d6f189f56774069a4256994558362f4?sid=3c07d746-0037-4a1a-94b7-f95568acca45

Explanation of Benefits (EOB) Processing:

We also simplify the process of managing incoming EOB (Explanation of Benefits) documents in Meditech. It efficiently identifies essential information, such as claim numbers and CPT codes, and seamlessly integrates these payments into the EMR. This enables quicker processing and reduces concerns about inaccuracies in payment details.

Patient scheduling:

Small to mid-sized healthcare providers often struggle with managing unstructured external referrals, while larger ones grapple with patient scheduling inefficiencies, especially for follow-up procedures. Tennr addresses this by automating the process using patient demographics. For instance, it sends casual messages with booking links to younger patients and morning calls to older ones, effectively reducing friction and enhancing patient engagement for streamlined scheduling.