Alma Provider Platform:Purpose-built for mental health
Alma Provider Platform:More integrations (6)
Overview
Tool Name
IvyPay
Alma Provider Platform
Tool Name
IvyPay
IvyPay
Alma Provider Platform
Alma Provider Platform
What It Is
HIPAA-compliant payment processing built specifically for therapists with 2.75% flat rate and no monthly fees.
$125/mo platform with AI notes, EHR, and weekly pay. Hit by 2024 Optum cuts (up to 30%) and 2026 Aetna cuts. Acquired by Spring Health.
What It Is
IvyPay
HIPAA-compliant payment processing built specifically for therapists with 2.75% flat rate and no monthly fees.
Alma Provider Platform
$125/mo platform with AI notes, EHR, and weekly pay. Hit by 2024 Optum cuts (up to 30%) and 2026 Aetna cuts. Acquired by Spring Health.
Primary Category
billing-rcm-insurance
provider-network-virtual-care
Primary Category
IvyPay
billing-rcm-insurance
Alma Provider Platform
provider-network-virtual-care
Founded
Unknown
Unknown
Founded
IvyPay
Unknown
Alma Provider Platform
Unknown
Best For
Solo therapists wanting simple payment processing; Clinicians needing HIPAA-compliant card processing; Practices wanting to avoid monthly fees
Independent therapists wanting premium reimbursement rates; Providers seeking an all-in-one platform (credentialing + EHR + AI notes); Clinicians valuing community features (peer consultation, CE)
Best For
IvyPay
Solo therapists wanting simple payment processing; Clinicians needing HIPAA-compliant card processing; Practices wanting to avoid monthly fees
Alma Provider Platform
Independent therapists wanting premium reimbursement rates; Providers seeking an all-in-one platform (credentialing + EHR + AI notes); Clinicians valuing community features (peer consultation, CE)
Pricing
Starting Price
2.75% per transaction
$95/month (annual)
Starting Price
IvyPay
2.75% per transaction
Alma Provider Platform
$95/month (annual)
Pricing Model
usage-based
Per provider/month
Pricing Model
IvyPay
usage-based
Alma Provider Platform
Per provider/month
Free Trial
No free trial
No free trial
Free Trial
IvyPay
No free trial
Alma Provider Platform
No free trial
Pricing Details
HIPAA-compliant payment processing built for therapists. Simple flat-rate pricing compares favorably to Square (2.6% + 10¢) and Stripe (2.9% + 30¢) for typical therapy session costs. No long-term contracts required.
No free trial. Alma often negotiates $10-30 higher per-session reimbursement than solo credentialing. At 20 sessions/week, even a $10 rate improvement generates $800/month in additional revenue—more than covering membership. $500 referral bonus for each provider referred.
Pricing Details
IvyPay
HIPAA-compliant payment processing built for therapists. Simple flat-rate pricing compares favorably to Square (2.6% + 10¢) and Stripe (2.9% + 30¢) for typical therapy session costs. No long-term contracts required.
Alma Provider Platform
No free trial. Alma often negotiates $10-30 higher per-session reimbursement than solo credentialing. At 20 sessions/week, even a $10 rate improvement generates $800/month in additional revenue—more than covering membership. $500 referral bonus for each provider referred.
Compliance & Security
HIPAA Compliant
Yes
Yes
HIPAA Compliant
IvyPay
Yes
Alma Provider Platform
Yes
BAA Available
Yes
Yes
BAA Available
IvyPay
Yes
Alma Provider Platform
Yes
SOC 2 Certified
Unknown
Unknown
SOC 2 Certified
IvyPay
Unknown
Alma Provider Platform
Unknown
HITRUST Certified
Unknown
Unknown
HITRUST Certified
IvyPay
Unknown
Alma Provider Platform
Unknown
Features
Mobile App
Yes
Yes
Mobile App
IvyPay
Yes
Alma Provider Platform
Yes
Mental Health Specific
Yes
Yes
Mental Health Specific
IvyPay
Yes
Alma Provider Platform
Yes
Integrations
Total Integrations
5 integrations
6 integrations
Total Integrations
IvyPay
5 integrations
Alma Provider Platform
6 integrations
Clearinghouse
None
Aetna, Cigna, UnitedHealthcare, Oscar, Oxford
Clearinghouse
IvyPay
None
Alma Provider Platform
Aetna, Cigna, UnitedHealthcare, Oscar, Oxford
Billing Features
Claims Submission
No
No
Claims Submission
IvyPay
No
Alma Provider Platform
No
Eligibility Verification
No
No
Eligibility Verification
IvyPay
No
Alma Provider Platform
No
ERA Processing
Yes
No
ERA Processing
IvyPay
Yes
Alma Provider Platform
No
Support & Fit
Practice Sizes
Solo, Small (2-10)
Solo, Small (2-10)
Practice Sizes
IvyPay
Solo, Small (2-10)
Alma Provider Platform
Solo, Small (2-10)
Customer Base
Unknown
Unknown
Customer Base
IvyPay
Unknown
Alma Provider Platform
Unknown
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