HeyPsych
Find SupportPractice ArchitectBrowseSearch

If you're in crisis, help is available 24/7

Call or text 988|More resources
HeyPsych

Better mental health starts with better decisions.

Learn about our clinical review process

Explore

  • Conditions
  • Treatments
  • Tools
  • Find Care

Resources

  • Learn
  • Assessments
  • Support & Crisis
  • For Clinicians

Company

  • About
  • Privacy
  • Terms
  • Contact

© 2026 HeyPsych. All rights reserved.

HeyPsych provides decision-support information. Not a substitute for professional medical advice.

Tools/Compare

Grow Therapy vs AdvancedMD Medical Billing

Show:
Detail:
Attribute
provider-network-virtual-care

Grow Therapy

Grow Therapy, Inc.

Billing

AdvancedMD Medical Billing

AdvancedMD (Global Payments)

Grow Therapy
AdvancedMD Medical Billing
Key Differencesat a glance
Grow Therapy:Offers a free tier
Grow Therapy:Purpose-built for mental health

Overview

Tool Name
Grow Therapy
AdvancedMD Medical Billing
Tool Name
Grow Therapy
Grow Therapy
AdvancedMD Medical Billing
AdvancedMD Medical Billing
What It Is
Free insurance credentialing in 5-7 days with 26,000+ providers nationwide, guaranteed claims, and weekly payments through revenue sharing. $3B valuation (March 2026).
Comprehensive medical billing with full RCM services option, AI-powered analytics, and Global Payments integration for seamless revenue cycle management.
What It Is
Grow Therapy
Free insurance credentialing in 5-7 days with 26,000+ providers nationwide, guaranteed claims, and weekly payments through revenue sharing. $3B valuation (March 2026).
AdvancedMD Medical Billing
Comprehensive medical billing with full RCM services option, AI-powered analytics, and Global Payments integration for seamless revenue cycle management.
Primary Category
provider-network-virtual-care
billing-rcm-insurance
Primary Category
Grow Therapy
provider-network-virtual-care
AdvancedMD Medical Billing
billing-rcm-insurance
Founded
Unknown
Unknown
Founded
Grow Therapy
Unknown
AdvancedMD Medical Billing
Unknown
Best For
New clinicians seeking fastest path to seeing insured clients (5-7 day credentialing); Therapists wanting insurance work without credentialing or billing hassle; Providers wanting guaranteed claims with clawback protection
Mid-size medical practices wanting comprehensive RCM; Multi-specialty groups seeking integrated EHR and billing; Practices wanting optional full-service billing outsourcing
Best For
Grow Therapy
New clinicians seeking fastest path to seeing insured clients (5-7 day credentialing); Therapists wanting insurance work without credentialing or billing hassle; Providers wanting guaranteed claims with clawback protection
AdvancedMD Medical Billing
Mid-size medical practices wanting comprehensive RCM; Multi-specialty groups seeking integrated EHR and billing; Practices wanting optional full-service billing outsourcing

Pricing

Starting Price
Free to join
Custom quote required
Starting Price
Grow Therapy
Free to join
AdvancedMD Medical Billing
Custom quote required
Pricing Model
Per provider/month
Flat monthly
Pricing Model
Grow Therapy
Per provider/month
AdvancedMD Medical Billing
Flat monthly
Free Trial
Free tier available
No free trial
Free Trial
Grow Therapy
Free tier available
AdvancedMD Medical Billing
No free trial
Pricing Details
Free to join—no membership fees. Grow Therapy retains a portion of insurance reimbursements as an administrative fee. Providers do not always receive full transparency on exact insurer-to-Grow reimbursement before payout. Claims are guaranteed.
PM + Billing starts around $429/month per provider. Full RCM outsourcing 4-8% of collections. Bundle discounts available.
Pricing Details
Grow Therapy
Free to join—no membership fees. Grow Therapy retains a portion of insurance reimbursements as an administrative fee. Providers do not always receive full transparency on exact insurer-to-Grow reimbursement before payout. Claims are guaranteed.
AdvancedMD Medical Billing
PM + Billing starts around $429/month per provider. Full RCM outsourcing 4-8% of collections. Bundle discounts available.

Compliance & Security

HIPAA Compliant
Yes
Yes
HIPAA Compliant
Grow Therapy
Yes
AdvancedMD Medical Billing
Yes
BAA Available
Yes
Yes
BAA Available
Grow Therapy
Yes
AdvancedMD Medical Billing
Yes
SOC 2 Certified
Yes
Yes
SOC 2 Certified
Grow Therapy
Yes
AdvancedMD Medical Billing
Yes
HITRUST Certified
Unknown
Yes
HITRUST Certified
Grow Therapy
Unknown
AdvancedMD Medical Billing
Yes

Features

Mobile App
No
Yes
Mobile App
Grow Therapy
No
AdvancedMD Medical Billing
Yes
Mental Health Specific
Yes
No
Mental Health Specific
Grow Therapy
Yes
AdvancedMD Medical Billing
No

Integrations

Total Integrations
9 integrations
3 integrations
Total Integrations
Grow Therapy
9 integrations
AdvancedMD Medical Billing
3 integrations
Clearinghouse
Aetna, Cigna, Blue Cross Blue Shield, UnitedHealthcare, Optum, Humana, Oscar, Oxford, Anthem
None
Clearinghouse
Grow Therapy
Aetna, Cigna, Blue Cross Blue Shield, UnitedHealthcare, Optum, Humana, Oscar, Oxford, Anthem
AdvancedMD Medical Billing
None

Billing Features

Claims Submission
No
No
Claims Submission
Grow Therapy
No
AdvancedMD Medical Billing
No
Eligibility Verification
Yes
No
Eligibility Verification
Grow Therapy
Yes
AdvancedMD Medical Billing
No
ERA Processing
No
No
ERA Processing
Grow Therapy
No
AdvancedMD Medical Billing
No

Support & Fit

Practice Sizes
Solo, Small (2-10), Medium (11-50)
Small (2-10), Medium (11-50), Large (51-200)
Practice Sizes
Grow Therapy
Solo, Small (2-10), Medium (11-50)
AdvancedMD Medical Billing
Small (2-10), Medium (11-50), Large (51-200)
Customer Base
Unknown
Unknown
Customer Base
Grow Therapy
Unknown
AdvancedMD Medical Billing
Unknown

Ready to Get Started?

Visit these tools to learn more or request a personalized demo.

Try Grow Therapy
Try AdvancedMD Medical Billing
Browse all tools
Grow Therapy
AdvancedMD Medical Billing