Top practice management software statistics (2020 research report)

Megan Meade

The demand for practice management software has tripled over the past five years.

With over 70 listed solutions available on the market, there is a large number of vendors ready to meet this demand. 

Using our own research, we’ve gathered product data directly from vendors to bring you the latest pricing data, and market research in practice management software.

Quick jump to:

Please see our research and findings below.

1. The average cost of practice management software is $236 per month

We took the average cost of practice management software from our existing pricing data taken directly from vendors.

You can expect to pay, on average, $236 per month per user on your practice management software.

In comparison, you can expect to pay roughly $500 per month per user on an EHR software according to our EHR report

2. 80% of practice management software offers appointment reminders, claims management, and EHR integrations as key features

The majority of practice management solutions offer appointment reminders, claims management, and EHR integrations as standard features.

A further 60% of solutions offered billing management, and digital intake forms as key features.

All products had analytics and reporting capabilities suggesting this is a vital component of practice management.

3. 20% of practice management software offers a free trial

According to our research, we’ve found that very few software vendors offer a free trial of their practice management software.

As practice management software touches many parts of an organization, it can be difficult to trial the software for a short time. Additionally, there are compliance considerations when handling patient data across multiple system trials for a short period of time.

4. Searches for practice management software have tripled over the past 5 years

There has been a significant increase in the number of people searching for a practice management software solution.

This suggests organizations are continuing to search for and select new practice management software. Interestingly, searches for this software are highest in winter.

5. My Clients Plus is the #1 practice management software on the market in our 2020 Software Path rankings

Our Software Path rankings place My Clients Plus as the #1 software in the practice management category. 

This score is based on a number of factors including customer reviews, company culture, software quality, and features, and more.


View the top 10 practice management software

To find more practice management software please view our category page where you can shortlist and make custom comparisons.

If you have an interesting piece of data you believe belongs on this report, please contact me directly at megan@softwarepath.com to let me know!

References

https://trends.google.com/ 

Megan Meade

Megan is the Content Editor at Software Path.

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