How Much Does It Cost to Build Healthcare Software?
The healthcare industry is constantly growing and expanding to adapt to changing times and new patient needs. NEMT billing software has become a huge topic as many practices shift from manual billing processes to automated ones to save time and increase efficiency. If you’re a business owner who recently has decided to make the shift from manual to automated billing, you probably have a lot of questions. You might be on the search for the perfect software product for your company, or you might have decided to hire a development team to bring your own product to life. If this is the case, your budget is extremely important. You need to have a good grasp on what you’re committing to by creating a product on your own, including both the pros and cons of doing so. In today’s technological landscape, nearly all billing and routing software products have both desktop and mobile components, so that’s something to consider when you look at overall cost. According to MobiHealthNews, the average cost of developing a health application for your practice is $425,000. This number accounts for nearly half of the expense being outsourced, so that could shift based on your preference. A high-level estimate is great, but let’s take a deeper look into where this number comes from.
Building a Software System: The Financial Breakdown
Depending on what type of software system you want, what features you need, and a number of other factors, the price you pay for software will vary. However, the following is a list of people you will likely need to hire for the job, and the price per hour that you’d typically pay someone in this profession.
- Mobile app developers for Android and iOS capabilities – $60 – $180 per hour
- Project manager – $90 – $200 per hour
- Testing engineer – $50 – $140 per hour
- Backend developers – $60 per hour
Depending on your system goals and your in-house capabilities, you may need more or fewer people on your team, and price can vary. This is just a general look at who you may need and what kind of cost you should expect to pay.
What Features Does Your Healthcare Software Need?
Once you’ve officially decided you need software, it’s time to focus on the details. In order to figure out what features you need in your software, think about why you’re developing software in the first place. Do you need automated billing? Are you concerned about custom reporting tools? Do you want the ability to create schedules within your system? These are all things you’ll need to think about and factor into your budget before development starts. The following are some of the top features to consider when developing your digital dispatch software.
Downloadable software programs are history. These days, it’s all about web-based software. The benefits of this type of product are nearly endless, but the most important thing is that your customers and your team can access the system from anywhere. Whether it’s from a laptop or desktop at the office, a tablet in a coffee shop, or even a mobile device on-the-go, people like the assurance that wherever they find themselves, they can access their system if need be.
Automatic Error Check
A big reason you’re likely looking into healthcare software is because it can reduce the amount of errors in your billing process. You want the system to automatically check all of your claims for errors, so you can feel confident that every batch you submit is clean of issues that will set you back.
How do you improve your process? By looking at past data to guide you. If you don’t have a reliable reporting option, it’s going to be extremely time consuming to gather and analyze all the data you need in order to find the stats you need. Building a system that offers a variety of reporting templates is a great way to ensure you have options for sorting through important data.
Invest in Modern Software Solutions
If you aren’t quite ready to build your own system, the team at iSi has software options for you. Our expert team developed a line of products that fit the needs of those in the NEMT, healthcare, and medical billing fields. Request your demo today and see how NEMT billing software changes your entire operation.