Nexus EHR is an interesting EHR software that is priced at $275 per month. The medical system has a cost rating of 2.5 (average cost) by experts using the medical software cost rating system. 

The expert medical cost rating system considers medical software rated 1 as low cost while those rated 5 are high cost. However, when you evaluate Nexus EHR’s total cost of ownership, does its rating fully represent its actual cost? Let’s find out!

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Highlights

We understand that you might not have time to read the full content; here are the highlights: 

• Nexus EHR has a license price that starts from $275 per month.
• The practice management software has a price rating of 2.5 which means average cost.
• Nexus EHR offers an undisclosed discount. You can contact us to get the most suitable quote for your practice. 

What is the Real Nexus EHR Implementation Cost?

We’ve elaborated the pricing and expert opinion via the cost rating of the Nexus EHR, but what is its actual cost? 

To calculate the actual cost of any medical system, you need to calculate the license plus all other fees incurred by using the software. This result of this calculation is known as the “total cost of ownership.”

We will dive into the various direct and indirect costs expected to be incurred by using Nexus EHR. 

• One-time Implementation and Cost: Cost incurred for implementing your practice into the Nexus EHR.
• Online Training Cost: Cost for training doctors and staff of your practice on the use of Nexus EHR
• Data Migration Cost: Cost incurred for migrating practice information from your legacy systems.
• Add-on Setup Costs: Cost for integrating or setting up add-ons that are required by your practice. 
• Add-on Subscription Costs: License costs for using add-on features like eFax, DICOM Imaging, Direct messaging, transcription service, etc., for your practice. 

Cost of Nexus EHR – Breakdown

The costs mentioned above are the costs you might encounter while using Nexus EHR, and you should know about them. 

Are you curious how your practice can incur these costs? We provided a breakdown below, which will also help you calculate your specific Nexus EHR total cost of ownership. 

Cost of License

Lexus EHR provided their official website their license starting price, which is $275 per month. Still, this fee can be adjusted based on the number of primary providers and mid-level providers working for your practice. 

Other staff users of the Nexus EHR working for your practice won’t incur any additional costs. 

One-time Implementation and Cost

Practices aiming to use the Nexus EHR medical system would have to incur the one-time implementation cost. 

There isn’t any specific official pricing or fee made publicly available by the Nexus EHR team. However, the average cost for small practices of 1 to 5 doctors with minimal system processes is about $2,500 for 1-2 system integration.

Online Training Cost

Provider or staff training is a vital cost to note when budgeting for an EHR software. Nexus EHR is straightforward to use, but there might be a need to train your staff of practice providers on some software features, which means an additional cost. 

Small clinics with about 5 providers would have to budget an average industry price of $500 for 1-2 training sessions. This means if you have 1-5 doctors in your practice, you’re expected to have this estimated cost for training them. 

Data Migration Cost

The Nexus EHR team provides the service of transferring your practice data from legacy systems into their practice management software. 

Data migration costs are not specific to the Nexus EHR software, and it is also charged by almost all EHR software companies in the medical industry. This cost is very important especially to clinics that aren’t starters.  

If you need to transfer about 1k patient data from your legacy system to Nexus EHR, there is an additional average cost of $500 charge. 

Add-on Setup Costs

Add-ons expand the functionality of many EHR medical systems, and Nexus EHR isn’t any different. Nexus EHR has add-ons like eFax, DICOM Imaging, Direct messaging, transcription service, etc., which would need to undergo expert setup before your practice can use that feature or function. These add-ons ensure that both patient experience and practice experience are excellent, which is why they are essential. 

There are various customizations or add-ons that you might need, and to set up about 1-2 systems, you should budget about $2500. 

Add-on Subscription Costs

Nexus EHR has interesting add-ons vital for a smooth and enhanced experience and functionality of the software. 

These extra add-ons like eFax, DICOM Imaging, Direct messaging, transcription service, etc., have additional individual subscription charges that have a price ranging from $20-$200+. These Nexus EHR add-ons ensure that both patient experience and practice experience is top-notch. 

If you’re interested in using Nexus EHR and its add-ons, then you should budget for its cost as well.

NexusEHR Total Cost of Ownership Examples

Here, we will show you an example of how you can calculate the Nexus EHR total cost of ownership for your practice. 

• Small Sized Practice: For new clinics or small practices that possess 1-5 doctors that need small system processes, the TCO should include $275 per month license cost + $2,500 for one-time implementation cost of about 1-2 systems + $500 for about 1-2 online training sessions cost + $500 for about 1000 practice data migration from legacy systems + $2,500 for 1-2 add-on setup cost + $20-200+ Nexus add-ons extra costs you might need. 
• Medium Sized Practice: For midsize practices that posses 5 to 10 doctors that need standard system processes, the TCO should include $275 per month license cost + $5,000 for one-time implementation cost of about 3-5 systems + $1500 for about 3-4 online training sessions cost + $2500 for about 10,000 practice data migration from legacy systems + $5,000 for 3-5 add-on setup cost + $20-200+ Nexus add-ons extra costs you might need. 
• Large Sized Practice: For large size practices that posses 25+ doctors that need full system processes, the TCO should include $275 per month license cost + $10,000 for one-time implementation cost of full customized system + $2500 for about 5-7 online training sessions cost + $10,000 for about 100,000 practice data migration from legacy systems + $10,000 for full add-on setup cost + $20-200+ Nexus add-ons extra costs you might need.

Nexus EHR Vs. Alternatives

Nexus EHR total cost indicates that this practice management software is considered average cost, especially when compared with its alternatives. 

Nexus EHR has a starting license price of $275 per month while its alternatives like WebPT has a license starting price of $3 per provider, NextGen has a license starting price of $549 per provider per month, AdvancedMD has a license starting price of $729 per provider and Practice has a license starting price of $149 per provider per month. 

Note: These comparisons are focused on cost and not software features in general. 

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Nexus EHR FAQ

What’s Next?

We’ve presented and elaborated our Nexus EHR price research. This software is considered the average cost and can be used by practices of all sizes. If you need a specialized offer for your practice, don’t hesitate to contact us.