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TRAKnet: Pricing, Reviews, and Alternatives

TRAKnet: Pricing, Reviews, and Alternatives

TRAKnet is an expandable, cloud-based all-in-one practice management platform designed specifically for podiatry practices. It aims to simplify your practice by offering a comprehensive EHR and billing software solution. In this article, we'll share the key facts you need to know about TRAKnet to help you make an informed decision on the right EHR for your podiatry practice.

How much does TRAKnet cost?

TRAKnet does not publicly disclose its pricing details online. To get specific information about their costs, you can contact them directly at [email protected]. However, we can provide a rough estimate of what it might cost for different healthcare settings and sizes:

Hospitals

  • Small Hospitals (up to 100 beds):
  • Estimated Cost: $800,000 - $1.5 million initial setup, plus $300,000 - $500,000 annually for maintenance and support.
  • Medium Hospitals (100 - 500 beds):
  • Estimated Cost: $1.5 - $6 million initial setup, plus $500,000 - $1 million annually.
  • Large Hospitals (over 500 beds):
  • Estimated Cost: $6 - $15 million initial setup, plus $1 - $2 million annually.

Specialty Groups and Clinics

  • Small Clinics (1-10 providers):
  • Estimated Cost: $100,000 - $300,000 initial setup, plus $50,000 - $150,000 annually.
  • Medium Specialty Groups (10-50 providers):
  • Estimated Cost: $300,000 - $1.2 million initial setup, plus $150,000 - $400,000 annually.
  • Large Specialty Groups (over 50 providers):
  • Estimated Cost: $1.2 - $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 $30,000 - $100,000 annually.
  • Medium Practices (4-10 providers):
  • Estimated Cost: $200,000 - $600,000 initial setup, plus $100,000 - $200,000 annually.
  • Large Practices (over 10 providers):
  • Estimated Cost: $600,000 - $1.5 million initial setup, plus $200,000 - $400,000 annually.

Benefits and differentiators TRAKnet

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

  • Durable Medical Equipment (DME) Management: TRAKnet includes features for managing Durable Medical Equipment, which is a key component of many podiatry practices. This management capability facilitates the tracking, ordering, and billing for DME, streamlining this aspect of practice management and ensuring compliance with healthcare regulations.
  • Podiatry-Specific Design: TRAKnet stands out in the EMR market with its focus exclusively on podiatry. This specialization ensures that the system is perfectly aligned with the unique needs and workflows of podiatrists. It includes tailored templates for common podiatric conditions and procedures, directly addressing the specific clinical and administrative needs of podiatry practices. This degree of specialization ensures efficient management and documentation of podiatric care.
  • Training and Support Services: Understanding the challenges of transitioning to and utilizing an EMR system, TRAKnet provides comprehensive training and support services. This ensures that practices can fully utilize all the features of the EMR system for a smoother implementation and more effective ongoing operation. The availability of robust support and training is a significant advantage, enhancing the overall user experience.

Scenarios where TRAKnet is a good choice

TRAKnet EMR excels in certain situations as well. It's particularly well-suited for podiatry practices, given its specialized design and features tailored to the unique needs of podiatrists. For small to medium-sized clinics, TRAKnet's all-in-one practice management platform offers a cost-effective and efficient solution to streamline operations. Additionally, healthcare providers seeking a cloud-based EMR system that can be easily expanded and customized will find TRAKnet's flexibility and scalability to be a major advantage.

Scenarios where TRAKnet may not be a good choice

For large hospitals and healthcare systems, TRAKnet's podiatry-focused EMR might not be the best fit. These organizations often require a more comprehensive and versatile EMR solution that can cater to various specialties and departments, which TRAKnet may not be able to provide. Additionally, healthcare facilities that prioritize advanced interoperability features may find TRAKnet's capabilities lacking compared to other EMR systems that excel in this area. Lastly, research-oriented institutions that rely on large-scale data analysis and insights might not benefit as much from TRAKnet's EMR, as it doesn't offer a proprietary database like some other EMR systems do.

Given TRAKnet's strengths in catering to podiatry practices and its focus on patient engagement, it's understandable that the system might struggle in scenarios that demand broader specialty coverage, advanced interoperability, and large-scale data analysis capabilities.

Reviews of TRAKnet

Users on G2 have given TRAKnet an overall rating of 3.3 out of 5. Below, we've summarized some of the key pros and cons of the platform.

Positives in TRAKnet's Reviews

  • Easy to Learn and Use: Users mention that TRAKnet is easy to learn and use, making it accessible for healthcare professionals.
  • Customizable Templates: The ability to create and customize templates in TRAKnet is highlighted as a positive feature by users.
  • Efficient Billing Process: Users appreciate TRAKnet's easy billing process, which streamlines financial management for healthcare practices.

Negatives in TRAKnet's Reviews

  • Complexity and Learning Curve: Some users pointed out that TRAKnet'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 TRAKnet 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 TRAKnet

If TRAKnet isn't the right fit for your healthcare organization, there are alternative EMR systems that cater to different needs and scenarios. Here are two EMR alternatives for each of the three less ideal scenarios mentioned in the previous section:

Large hospitals and healthcare systems

  • Cerner: Cerner is a comprehensive EMR solution designed for large hospitals and healthcare systems. It offers a wide range of features and modules to support various specialties and departments, making it a suitable alternative for organizations that require a more extensive EMR system.
  • Allscripts: Allscripts provides a robust EMR platform that caters to the needs of large healthcare organizations. With its scalable architecture and diverse range of features, Allscripts can accommodate the complex requirements of large hospitals and healthcare systems.

Research-focused organizations

  • IBM Watson Health Merge: IBM Watson Health Merge is an EMR system that emphasizes data analysis and research capabilities. With its advanced analytics tools and integration with IBM Watson, this EMR solution can help research-focused organizations gain valuable insights from their patient data.
  • eClinicalWorks: eClinicalWorks is an EMR system that offers a comprehensive suite of data analytics and reporting tools. These features can help research-focused organizations analyze patient data and derive actionable insights to improve patient outcomes.

Comprehensive patient portal across multiple specialties

  • Athenahealth: Athenahealth's EMR system includes a robust patient portal, athenaCommunicator, which offers a wide range of features for patient communication and management across multiple specialties. This makes it a suitable alternative for organizations seeking a comprehensive patient portal.
  • Greenway Health: Greenway Health's EMR solution, Intergy, features a versatile patient portal that supports communication and management across various specialties. This can help healthcare organizations enhance patient engagement and streamline patient-related processes.

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 TRAKnet. That's why we're here to help. 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 TRAKnet 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 TRAKnet. 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 TRAKnet. 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.