Alma Provider Platform:Purpose-built for mental health
Alma Provider Platform:More integrations (6)
Overview
Tool Name
PRMS
Alma Provider Platform
Tool Name
PRMS
PRMS
Alma Provider Platform
Alma Provider Platform
What It Is
The leading malpractice insurer for psychiatrists, endorsed by the American Psychiatric Association for 40+ years.
$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
PRMS
The leading malpractice insurer for psychiatrists, endorsed by the American Psychiatric Association for 40+ years.
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
malpractice-insurance
provider-network-virtual-care
Primary Category
PRMS
malpractice-insurance
Alma Provider Platform
provider-network-virtual-care
Founded
Unknown
Unknown
Founded
PRMS
Unknown
Alma Provider Platform
Unknown
Best For
Psychiatrists in private practice; Forensic psychiatrists needing expert witness coverage; Psychiatrists prescribing ketamine or doing ECT
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
PRMS
Psychiatrists in private practice; Forensic psychiatrists needing expert witness coverage; Psychiatrists prescribing ketamine or doing ECT
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
~$2,000/year
$95/month (annual)
Starting Price
PRMS
~$2,000/year
Alma Provider Platform
$95/month (annual)
Pricing Model
flat-annual
Per provider/month
Pricing Model
PRMS
flat-annual
Alma Provider Platform
Per provider/month
Free Trial
No free trial
No free trial
Free Trial
PRMS
No free trial
Alma Provider Platform
No free trial
Pricing Details
APA members receive preferred rates. Premiums vary by state, procedure mix (ECT, ketamine), forensic work, and coverage limits. Psychiatrist premiums are generally higher than non-prescriber mental health professionals due to medication liability.
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
PRMS
APA members receive preferred rates. Premiums vary by state, procedure mix (ECT, ketamine), forensic work, and coverage limits. Psychiatrist premiums are generally higher than non-prescriber mental health professionals due to medication liability.
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
No
Yes
HIPAA Compliant
PRMS
No
Alma Provider Platform
Yes
BAA Available
No
Yes
BAA Available
PRMS
No
Alma Provider Platform
Yes
SOC 2 Certified
Unknown
Unknown
SOC 2 Certified
PRMS
Unknown
Alma Provider Platform
Unknown
HITRUST Certified
Unknown
Unknown
HITRUST Certified
PRMS
Unknown
Alma Provider Platform
Unknown
Features
Mobile App
No
Yes
Mobile App
PRMS
No
Alma Provider Platform
Yes
Mental Health Specific
Yes
Yes
Mental Health Specific
PRMS
Yes
Alma Provider Platform
Yes
Integrations
Total Integrations
None listed
6 integrations
Total Integrations
PRMS
None listed
Alma Provider Platform
6 integrations
Support & Fit
Practice Sizes
Solo, Small (2-10), Medium (11-50)
Solo, Small (2-10)
Practice Sizes
PRMS
Solo, Small (2-10), Medium (11-50)
Alma Provider Platform
Solo, Small (2-10)
Customer Base
Unknown
Unknown
Customer Base
PRMS
Unknown
Alma Provider Platform
Unknown
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