TheraNest is an electronic health record for therapists in various medical fields. TheraNest has simple pricing that starts at $39 per month per 30 active clients. TheraNest is rated 1/5 which indicates it is a low-cost electronic health record software. 

The expert rating system we used for its cost rating considers a software rated 1 to be low cost, a software rated 2.5 to be average cost, and a software rated 5 to be expensive.

We’ve mentioned the pricing of TheraNest for therapists, but is that all to know about the cost? What other cost aspects of this EHR software should you know? Read our TheraNest cost research below.

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Highlights

Are you in haste, and can’t complete reading the full cost TheraNest cost research? Here we bring you highlights of the content:

• TheraNest has a license starting pricing of $39 per month per 30 active clients.
• The EHR system for therapists has five monthly packages for therapists.
• TheraNest is regarded as a low-cost EHR software by experts. 
• There is currently a discount for a yearly subscription, you can contact us to help you with a custom quote for your practice. 

What is the Real TheraNest Implementation Cost?

To understand the total cost of TheraNest, we have to first know about all the costs that we are to expect by using this software. We’ve done the research and listed the various costs that a therapist should expect when using TheraNest.

• Data Migration: Costs for TheraNest data migration service.
• Training Cost: Costs for training your team in using the EHR software.
• Customization and Integration Costs: Costs for customizing your practice TheraNest dashboard with needed features.
• Add-ons Cost: Cost for add-ons like Telehealth, Wiley Practice Planners, and Fully Integrated Clients Portal, credit card processing, and insurance claim cost. 
• Appointment Reminder Cost: Cost for using TheraNest appointment reminders.

Cost of TheraNest – Breakdown

We’ve outlined the costs expected of the TheraNest electronic health records, and we will break down these costs in detail to help you understand what you might be paying for.

License Costs

For every premium electronic health record system, there is an expected license cost associated with it. 

TheraNest has 5 license packages available for practices that are interested in using their service and here they’re: $39 per month for practices with up to 30 active clients, $50 per month for practices with up to 40 active clients, $60 per month for practices with up to 50 active clients, $91 per month for practices with up to 80 active clients and a custom pricing for practices with more than 100 active clients.    

Data Migration

Data migration costs are a vital cost that clinics would have to pay on most electronic health record systems in order to import their previous patient’s data into a new system like TheraNest.

TheraNest provides data migration services for their clients as mentioned in the official platform. However, even though they didn’t mention how much they charge for this service it is expected to cost about $500 for 1000 practice data transfers.

Training Cost

TheraNest is a very easy-to-use electronic health record software but during implementation or on-boarding of a new staff some training and might be required.

In order to have 1 or 2 training sessions for TheraNest, you will need to pay about $500 which is the average industry cost for this service.

Customization and Integration Costs

Every practice or clinic has its own unique way of operating. Customization and integration costs are needed when you want to customize your electronic health record software with custom forms, custom add-ons, etc. 

To customize TheraNest with needed features, you might have to budget about $2500 for 1 or 2 system customization and integration.

Add-ons Cost

Add-ons are extra features that ensure that practice is offer and enhanced service. 

Cost for add-ons like Telehealth, Wiley Practice Planners, and Fully Integrated Clients Portal, credit card processing, and insurance claim cost is vital.

Telehealth has a license starting price of $12 per month per therapist, Wiley Practice Planners have a license starting price at $25 per month per provider, and a Fully Integrated Clients Portal is priced at $6 per month per therapist. Though their cost for credit card processing and the insurance claim isn’t officially publicly available, we expect them to be about $2 for credit card processing per transaction and about $25 per insurance claim.

Appointment Reminder Cost

TheraNest features reminder features that ensure that your patients and your team don’t miss out on vital information.

The cost for using TheraNest appointment email reminders is free but for calls in the US or Canada,  the fee is $0.5 per call while Texts in the US or Canada is charged at $0.2 per text.

TheraNest Total Cost of Ownership Examples

We have explained the various costs that your practice should budget for if you’re interested in using TheraNest. Below, we will provide the TheraNest total cost of ownership example calculations.

• Small Therapy Organizations: A small therapy organization that has about 30 active clients might have a need for minimal system processes and would have a TheraNest total cost of ownership that comprises $39 per month for about 30 active clients + $500 for about 1000 patient data migration + $500 for 1 or 2 training sessions + $2500 for 1 or 2 customizations and integration cost + $12 per month per therapist for TheraNest Telehealth feature + $25 per month per therapist for Wiley Practice Planners cost + $6 per month per therapist for Fully Integrated Clients Portal + about $2 for credit card per transaction processing + about $25 for the insurance claim processing. 
• Medium-Sized Therapy Organization: A medium-sized therapy organization that has about 50 active clients might have a need for minimal system processes and would have a TheraNest total cost of ownership that comprises $60 per month for about 50 active clients + $2500 for about 10,000 patient data migration + $1500 for 3 or 4 training sessions + $5000 for 3 or 5 customizations and integration cost + $12 per month per therapist for TheraNest Telehealth feature + $25 per month per therapist for Wiley Practice Planners cost + $6 per month per therapist for Fully Integrated Clients Portal + about $2 for credit card per transaction processing + about $25 for the insurance claim processing. 
• Big Therapy Organizations: A large therapy organization (e.g hospitals) that has about 80+ active clients might have a need for minimal system processes and would have a TheraNest total cost of ownership that comprises $91 per month for about 80+ active clients + $10,000 for about 100,000 patient data migration + $2500 for 5 or 7 training sessions + $10,000 for full customizations and integration cost + $12 per month per therapist for TheraNest Telehealth feature + $25 per month per therapist for Wiley Practice Planners cost + $6 per month per therapist for Fully Integrated Clients Portal + about $2 for credit card per transaction processing + about $25 for the insurance claim processing. 

TheraNest  Vs. Alternatives

TheraNest is considered a low electronic health record software when compared with its alternatives. TheraNest has a license starting price starting at $39 per month while its closest alternatives like CharityTracker has a license price starting at $20 per month per user, InSync is priced at $29.99 per license, NexusClinical has its license pricing starting at $275 per month per NPI, and LiquidEHR has a license price starting at $199 per month.  

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TheraNest FAQ

What’s Next?

We have analyzed the cost expected by practices that aim to use TheraNest. As with other electronic health record systems, it is important to know about their full cost before making decisions in the software. 

We hope that we’ve impacted your decision-making on this software, but if you’re still confused about the pricing for your clinic, you can contact us to help you with a custom quote greatly designed for your practice.