Magnetic Ink

Magnetic Ink is a revenue cycle software that facilitates claims management, patient medical record and billing to the healthcare industry. Put simply, it is about handling plans, proration, dunning and revenue recognition for recurring revenue.

It makes the most sense for SaaS and subscription companies. They also list Billing, Electronic Health Record (EHR) and Health Care, so expect those to show up in the feature set. They are a very small team, 1 to 10 people, which usually shapes who they work with. Small vendors mean quick answers and real influence on the roadmap, but check who covers support when someone is out.

Magnetic Ink is based in Spring, Texas. You can read more at magneticink.net.

Our checklist for this category: payment processor support, tax handling, and migration help. Get the renewal terms in writing before the first invoice.

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