Praxis: Pricing, Reviews, and Alternatives
Praxis is an electronic health records system designed to streamline healthcare tasks and improve efficiency. It helps manage patient records, optimize hospital admissions, modernize medical practices, and organize health plans. In this article, we'll share the essential facts you need to know about Praxis to help you make an informed decision on the right EMR for you.
How much does Praxis cost?
Pricing information for Praxis isn't currently available on their website. To get pricing details, it's best to contact Praxis directly. However, we can provide you with estimated price points for different healthcare settings and sizes:
Hospitals
- Small Hospitals (up to 100 beds):
- Estimated Cost: $1 - $1.8 million initial setup, plus $350,000 - $650,000 annually for maintenance and support.
- Medium Hospitals (100 - 500 beds):
- Estimated Cost: $1.8 - $7 million initial setup, plus $650,000 - $1.1 million annually.
- Large Hospitals (over 500 beds):
- Estimated Cost: $7 - $22 million initial setup, plus $1.1 - $2.2 million annually.
Specialty Groups and Clinics
- Small Clinics (1-10 providers):
- Estimated Cost: $120,000 - $350,000 initial setup, plus $70,000 - $180,000 annually.
- Medium Specialty Groups (10-50 providers):
- Estimated Cost: $350,000 - $1.3 million initial setup, plus $180,000 - $450,000 annually.
- Large Specialty Groups (over 50 providers):
- Estimated Cost: $1.3 - $3.5 million initial setup, plus $450,000 - $900,000 annually.
Primary Care Practices
- Small Practices (1-3 providers):
- Estimated Cost: $70,000 - $220,000 initial setup, plus $35,000 - $110,000 annually.
- Medium Practices (4-10 providers):
- Estimated Cost: $220,000 - $550,000 initial setup, plus $110,000 - $220,000 annually.
- Large Practices (over 10 providers):
- Estimated Cost: $550,000 - $1.3 million initial setup, plus $220,000 - $450,000 annually.
Benefits and differentiators Praxis
While Praxis has many applications, three key areas are especially noteworthy:
- Artificial Intelligence and Concept Processing: Unlike traditional EMR systems that rely on templates, Praxis utilizes artificial intelligence through its Concept Processing feature. This AI learns from the user's practices and patterns, allowing for more personalized and efficient charting. This unique approach helps in adapting the system to the individual style of each physician, enhancing the quality of medical care.
- Clinical Practice Guidelines and Knowledge Exchanger: The system offers access to Clinical Practice Guidelines, helping physicians determine treatment plans and diagnostic tests. Additionally, the Knowledge Exchanger feature enables users to learn from other practitioners and share knowledge bases, which can enrich their practice.
- Integration with Other Systems: Praxis EMR integrates with various systems, including billing, laboratory services, and other healthcare partners, which enhances its functionality in a multi-system healthcare environment.
Scenarios where Praxis is a good choice
Praxis EMR shines in a few specific scenarios. It's particularly well-suited for small to medium-sized practices that prioritize a customizable and intuitive system to streamline their workflow and improve efficiency. For healthcare providers who value an AI-driven approach, Praxis's unique Concept Processor technology helps in learning and adapting to individual provider preferences, making it a strong choice. Additionally, organizations that emphasize patient-centered care will benefit from Praxis's robust patient engagement features, such as the patient portal and secure messaging.
Scenarios where Praxis may not be a good choice
For healthcare organizations that require extensive interoperability with other EMR systems, Praxis might not be the ideal choice. Its interoperability capabilities may not be as comprehensive as some of its competitors, potentially limiting seamless data exchange with other healthcare systems. Additionally, large hospitals and healthcare networks with complex workflows and a need for advanced analytics might find Praxis's features insufficient for their requirements. These organizations may benefit more from an EMR system specifically designed to handle the intricacies of large-scale operations. Lastly, organizations that prioritize rapid implementation and quick staff onboarding might find Praxis's AI-driven Concept Processor technology to have a steeper learning curve, which could slow down the adoption process.
While Praxis excels in customization and intuitive design for small to medium-sized practices, its limitations in interoperability, advanced analytics, and the learning curve associated with its AI-driven technology make it less ideal for large healthcare organizations or those seeking rapid implementation and seamless data exchange with other EMR systems.
Reviews of Praxis
Users on G2 have given Praxis an overall rating of 4.5 out of 5. Below, we've summarized some of the key pros and cons of the platform.
Positives in Praxis's Reviews
- Ease of Customization and Integration: Praxis EMR allows users to generate documentation instantly using their individual style rather than restrictive templates, making it faster and more efficient over time.
- Comprehensive Healthcare Management: Praxis offers efficient documentation of electronic health records, supports SOAP techniques for documentation, and meets Meaningful Use Documentation Standards.
- Adaptive Learning: The software learns from the user, adapting to their practice and improving its efficiency over time.
Negatives in Praxis's Reviews
- Complexity and Learning Curve: Some users pointed out that Praxis'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 Praxis 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 Praxis
For those scenarios where Praxis may not be the best fit, we've compiled a list of alternative EMR systems that cater to different needs. Here are two alternatives for each of the three less ideal scenarios:
Large healthcare organizations with complex workflows
- Cerner: Cerner's Acute Care EMR is designed to handle the complexities of large healthcare organizations, offering a comprehensive suite of applications that streamline workflows, improve patient care, and enhance financial performance.
- Allscripts Sunrise: Allscripts Sunrise is a fully integrated EHR solution that supports large healthcare organizations with complex workflows, providing a single platform for clinical, financial, and operational management.
Providers prioritizing advanced analytics and population health management
- eClinicalWorks: eClinicalWorks offers advanced analytics and population health management tools, enabling healthcare providers to gain insights into patient populations, identify gaps in care, and improve overall patient outcomes.
- Athenahealth: Athenahealth provides robust analytics and care management tools to help providers better understand and manage the health of their patient populations.
Providers requiring extensive interoperability with other healthcare systems
- Meditech: Meditech is an interoperable EHR platform that enables seamless communication and data exchange with other healthcare systems, improving care coordination and patient outcomes.
- Greenway Health Intergy: Greenway Health's Intergy EHR offers extensive interoperability capabilities, allowing providers to easily exchange data with other healthcare systems and streamline care coordination.
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 Praxis. That's why we're here to help. While we're not an EMR ourselves, we specialize in integrating with them to automate the repetitive tasks that can 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 Praxis 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 Praxis. 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! 👇🏾
Explanation of Benefits (EOB) Processing
We also simplify the process of managing incoming EOB (Explanation of Benefits) documents in Praxis. 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.