NovoClinical is a practice management software that allows room for practice growth. The cloud-based practice management software has a starting price of $99 per provider per month. 

The software is considered a low cost because of its expert cost rating, which is 1.1. Our cost rating evaluating system evaluated the total cost of ownership of NovoClinical and decided that out of a total of 5 (high cost), the practice management software should be rated 1.1—which means low cost. 

However, you might want to know what’s with the low-cost pricing? Does it have other hidden fees? We will go through them below:

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Highlights

• NovoClinical has a starting price of $99 per provider per month. 
• The practice management software is rated 1.1, indicating low cost because customization costs are included in their plan packages.
• There is no discount offer available on the official website currently, but we can help you get a custom quote suitable for your practice size and need.

What is the Real NovoClinical Implementation Cost?

Actual implementation costs of practice management software go beyond just the license price of these systems. 

The NovoClinical actual cost of ownership is known for your practice is known by calculating all costs associated with using the practice management software. Below we will outline the extra costs:

• Data Migration Cost — Movement of data records from legacy system to NovoClinical. 
• Training Cost — Cost of various training sessions for the team or future staff you might need. 
• Integration Cost — Cost incurred by integrating custom features to NovoClinical.
• Vendor Support Cost — Cost incurred for technical support. 

Cost of NovoClinical – Breakdown

NovoClinical, also known as NovoMedici, linked costs are not only found with them. These costs are incurred on most other practice management software. 

Here we explain these costs with some examples to help you understand what it means for the size of your clinic.

Cost of License

NovoClinical has three license packages that are offered to practices. The first and cheapest plan is the Specific Features Only plan, priced at $99 per provider per month. The second is the Full EHR plan which is priced at $299 per provider per month. Finally, the third plan is priced at $400 per provider per month. 

Also, the practice management software provides an EHR with RCM as a service to practices, and this service is charged at 4-6% of practice collections. 

Data Migration Cost 

The cost of migrating your practice data from your previous practice management software or legacy system is one of the crucial costs encountered when moving to a new EHR software like NovoClinic. 

Small and medium-sized practices with about 10,000 patient data records that need to be transferred and converted for use in the NovoClincal practice management software will have to budget about $2,500 for this service. 

Training Cost 

Training is vital to using any EHR software, even though most EHR systems are user-friendly. However, some crucial aspects of the software might need you to be guided on before making sense of how to use it. 

Some practice management system companies offer cost per hour for training sessions, but you’re more likely to find a fixed price per full session than per hour pricing. Small to medium-sized clinics that would need about 3-4 training sessions for their providers would need to budget about $1500 to get this done. 

Integration Cost 

The NovoClinical plans include customization costs meaning that you don’t have to pay extra for customizing the EHR system to suit your practice needs. However, for integrating some of the features your practice would need, you’ll incur integration costs. 

NovoClinical didn’t make public the pricing information for this integration service. However, during our price research of this practice management software, we discovered that for small to medium-sized practices with the need for standard system processes, the average industry price is $5000.  

Vendor Support Costs 

This cost is not always encountered in the practice management industry, but it isn’t non-existent either. For example, NovoClinical provides premium technical support to their clients on all plan packages except the Specific Feature Only plan, which is priced at $99. 

While we might not know the reason for this decision, we thought it best to bring it to your attention to ensure that you add it to your budget, especially if you’re a growing practice using the plan mentioned above. 

The average industry rate for premium technical support is about $100 per hour, and you need to consider this when calculating your NovoClinical total cost of ownership. 

NovoClinical Total Cost of Ownership Examples

We’ve explained the NovoClinical expected costs to you, and we hoped that they’re clear enough. However, if you’d like to see these expected total cost of ownership for NovoClinical calculated in practical examples of various practice sizes, you’ll need to read further below:

• Small Sized Practice: Small or new healthcare organizations with 1 to 5 doctors with a need for minimal software processes would likely have a TCO that includes a license cost of $495 monthly ($99 per provider per month for 5 providers) + 1k data records migration cost of about $500 + 1 to 2 training sessions about $500 + 1 to 2 system integration cost about $2,500 + $200 for 1-2 hrs technical support session about $100 per hour.  
• Medium Sized Practice: Medium-sized healthcare organizations with 5 to 10 doctors with a need for standard software processes would likely have a TCO that includes a license cost of $2,990 per month ($299 per provider per month for 10 providers) + 10k data records migration cost of about $2500 + 3 to 4 training sessions about $1500 + 3 to 5 system integration cost about $5000. 
• Large Sized Practice: For large healthcare organizations like hospitals with more than 50 doctors with the need for extensive and complex software processes. The hospital would likely have a NovoClinical total cost of ownership that includes a license cost of $20,000 per month ($400 per provider per month for 50 providers) (+ 100k data records migration cost of about $10,000 + 8 to 10 training sessions about $5,000 + Full system integration cost about $10,000. 

Note: We didn’t include the NovoClinical’s EHR with RCM as a service to their clients in our example. This service is charged at 4-6% of practice collections, and for it to be included in your total cost of ownership, you’d have to know your practice pricing multiplied by the number of clients you have. 

Also, we didn’t add “technical support costs” to the medium and large healthcare service examples because this cost is already covered by the official pricing packages used in the example. 

NovoClinical Vs. Alternatives

NovoClinical has a low-cost starting license pricing when compared with its closest industry alternatives. For example, the cloud-based practice management system has a starting license price of $99 per provider per month while its closest alternatives like AdvancedMD has a license pricing that starts from $549 per provider per month, NextGen has a license pricing starting from $549 per provider per month, RevolutionEHR has a license pricing starting at $420 per provider per month, and WebPT has a license pricing starting at $3 per provider.

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NovoClinical FAQ

What’s Next?

NovoClinical is one of the most excellent practice management systems best utilized by small to medium-sized medical services, as we mentioned before. However, this doesn’t mean that it wouldn’t be possible if you need NovoClinical for large practices. 

We can help you get custom-designed quotes for your practice through our expert partners in the industry. Contact us.