Medical Billing & RCM: Ranked Vendors for Independent Practices

#1

AR

AdvancedMD RCM

78/ 100 overall

Full-service billing paired with a mature PM/EHR stack.

AdvancedMD RCM offers full-service billing bundled with its own practice management and EHR platform, favored by 5–50 provider groups. Pricing is percent-of-collections with clear tiers. Reporting is deeper than most small-practice vendors, and specialty workflows (mental health, PT, OB/GYN) are well-developed.

Best for

Multi-provider groups needing deeper reporting and specialty workflows.

Pricing

$$$ · Percent of collections, tiered by volume; PM/EHR licensed separately.

Ownership

Global Payments Inc. (public)

#2

CR

CareCloud RCM

76/ 100 overall

Publicly listed RCM with strong specialty and clearinghouse depth.

CareCloud is a publicly listed RCM vendor (Nasdaq: CCLD) offering billing, coding, and analytics for independent groups. Pricing is percent-of-collections with volume tiers. Strengths include specialty coverage, clearinghouse depth, and analytics; weaker fit for micro-practices that want lightweight onboarding.

Best for

Specialty groups needing rules-driven billing and analytics.

Pricing

$$$ · Percent of collections with tiered discounts; add-on modules priced separately.

Ownership

Public (Nasdaq: CCLD)

#3

A

athenaCollector

76/ 100 overall

Network-driven RCM with rules updated across the athena base.

athenaCollector uses athenahealth's payer rules engine, updated continuously across its client base, to drive first-pass claim acceptance. It's a strong technology story with a percent-of-collections model. Best fit is practices that will also run athena's EHR and value network-level rule updates over dedicated rep relationships.

Best for

Practices already on athenaOne or committed to that platform.

Pricing

$$$ · Percent of collections; usually bundled with athenaOne EHR.

Ownership

Private (Bain Capital, Hellman & Friedman)

#4

T

Tebra (Kareo Billing)

74/ 100 overall

Cloud billing built around Kareo's small-practice roots.

Tebra's RCM service — formed from the Kareo and PatientPop merger — targets solo and small-group practices with cloud-based billing, coding review, and denial management. Pricing is percent-of-collections and typically negotiable. Best for practices already on Tebra/Kareo software or seeking a bundled EHR-plus-billing relationship.

Best for

Solo to 10-provider practices wanting bundled EHR + billing.

Pricing

$$ · Percent of collections (typical 4–8%) plus setup fees.

Ownership

Private (Vista Equity Partners)

#5

ER

EverHealth (DrChrono) RCM

69/ 100 overall

DrChrono-lineage billing under the EverHealth family.

EverHealth consolidates the DrChrono and related RCM businesses, targeting small and mid-sized practices. Pricing is percent-of-collections and often competitive on entry tiers. Strengths include iOS-first workflows inherited from DrChrono; watch for post-consolidation support consistency and roadmap clarity.

Best for

iOS-oriented practices, especially those already on DrChrono EHR.

Pricing

$$ · Percent of collections; software licensed separately.

Ownership

EverCommerce (public)