PhyMD

PhyMD specializes in providing practice management software, billing system, electronic patent bills, referral tracking and medical records. In practice that means handling plans, proration, dunning and revenue recognition for recurring revenue.

It makes the most sense for SaaS and subscription companies. They also list Billing and Electronic Health Record (EHR), 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. You will probably talk to the people who build it, which is great until you need 24/7 support.

PhyMD is based in Addison, Texas and founded in 2001. Their site is phymd.com.

Our checklist for this category: payment processor support, tax handling, and migration help. Ask for a trial on your own data, not a canned demo.

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