Tebra Billing (formerly Kareo):Includes AI-powered features
Alma Provider Platform:Purpose-built for mental health
Alma Provider Platform:More integrations (6)
Overview
Tool Name
Tebra Billing (formerly Kareo)
Alma Provider Platform
Tool Name
Tebra Billing (formerly Kareo)
Tebra Billing (formerly Kareo)
Alma Provider Platform
Alma Provider Platform
What It Is
Modular practice management and billing for independent practices
$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
Tebra Billing (formerly Kareo)
Modular practice management and billing for independent practices
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
Tebra Billing (formerly Kareo)
billing-rcm-insurance
Alma Provider Platform
provider-network-virtual-care
Founded
2004
Unknown
Founded
Tebra Billing (formerly Kareo)
2004
Alma Provider Platform
Unknown
Best For
Independent practices wanting all-in-one solution; Small practices seeking affordable billing software; Solo physicians managing their own billing
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
Tebra Billing (formerly Kareo)
Independent practices wanting all-in-one solution; Small practices seeking affordable billing software; Solo physicians managing their own billing
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
Contact for pricing
$95/month (annual)
Starting Price
Tebra Billing (formerly Kareo)
Contact for pricing
Alma Provider Platform
$95/month (annual)
Pricing Model
Per provider/month
Per provider/month
Pricing Model
Tebra Billing (formerly Kareo)
Per provider/month
Alma Provider Platform
Per provider/month
Free Trial
No free trial
No free trial
Free Trial
Tebra Billing (formerly Kareo)
No free trial
Alma Provider Platform
No free trial
Pricing Details
Modular pricing lets practices choose only what they need. Volume discounts for larger practices.
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
Tebra Billing (formerly Kareo)
Modular pricing lets practices choose only what they need. Volume discounts for larger practices.
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
Tebra Billing (formerly Kareo)
Yes
Alma Provider Platform
Yes
BAA Available
Yes
Yes
BAA Available
Tebra Billing (formerly Kareo)
Yes
Alma Provider Platform
Yes
SOC 2 Certified
Yes
Unknown
SOC 2 Certified
Tebra Billing (formerly Kareo)
Yes
Alma Provider Platform
Unknown
HITRUST Certified
Unknown
Unknown
HITRUST Certified
Tebra Billing (formerly Kareo)
Unknown
Alma Provider Platform
Unknown
Features
Mobile App
Yes
Yes
Mobile App
Tebra Billing (formerly Kareo)
Yes
Alma Provider Platform
Yes
Mental Health Specific
No
Yes
Mental Health Specific
Tebra Billing (formerly Kareo)
No
Alma Provider Platform
Yes
Integrations
Total Integrations
4 integrations
6 integrations
Total Integrations
Tebra Billing (formerly Kareo)
4 integrations
Alma Provider Platform
6 integrations
Clearinghouse
None
Aetna, Cigna, UnitedHealthcare, Oscar, Oxford
Clearinghouse
Tebra Billing (formerly Kareo)
None
Alma Provider Platform
Aetna, Cigna, UnitedHealthcare, Oscar, Oxford
Billing Features
Claims Submission
Yes
No
Claims Submission
Tebra Billing (formerly Kareo)
Yes
Alma Provider Platform
No
Eligibility Verification
Yes
No
Eligibility Verification
Tebra Billing (formerly Kareo)
Yes
Alma Provider Platform
No
ERA Processing
Yes
No
ERA Processing
Tebra Billing (formerly Kareo)
Yes
Alma Provider Platform
No
Support & Fit
Practice Sizes
Solo, Small (2-10), Medium (11-50)
Solo, Small (2-10)
Practice Sizes
Tebra Billing (formerly Kareo)
Solo, Small (2-10), Medium (11-50)
Alma Provider Platform
Solo, Small (2-10)
Customer Base
100,000+ providers
Unknown
Customer Base
Tebra Billing (formerly Kareo)
100,000+ providers
Alma Provider Platform
Unknown
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