Alma Provider Platform:Purpose-built for mental health
Alma Provider Platform:More integrations (6)
Overview
Tool Name
Wave Accounting
Alma Provider Platform
Tool Name
Wave Accounting
Wave Accounting
Alma Provider Platform
Alma Provider Platform
What It Is
Free accounting software for small businesses. Invoicing, expense tracking, and reports at no cost. Paid add-ons for payroll and payments.
$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
Wave Accounting
Free accounting software for small businesses. Invoicing, expense tracking, and reports at no cost. Paid add-ons for payroll and payments.
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
analytics-reporting
provider-network-virtual-care
Primary Category
Wave Accounting
analytics-reporting
Alma Provider Platform
provider-network-virtual-care
Founded
Unknown
Unknown
Founded
Wave Accounting
Unknown
Alma Provider Platform
Unknown
Best For
Solo therapists wanting free bookkeeping; Budget-conscious practices; Simple accounting needs
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
Wave Accounting
Solo therapists wanting free bookkeeping; Budget-conscious practices; Simple accounting needs
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
Free
$95/month (annual)
Starting Price
Wave Accounting
Free
Alma Provider Platform
$95/month (annual)
Pricing Model
freemium
Per provider/month
Pricing Model
Wave Accounting
freemium
Alma Provider Platform
Per provider/month
Free Trial
Free tier available
No free trial
Free Trial
Wave Accounting
Free tier available
Alma Provider Platform
No free trial
Pricing Details
Core accounting is 100% free. Paid add-ons optional.
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
Wave Accounting
Core accounting is 100% free. Paid add-ons optional.
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
Wave Accounting
No
Alma Provider Platform
Yes
BAA Available
No
Yes
BAA Available
Wave Accounting
No
Alma Provider Platform
Yes
SOC 2 Certified
Unknown
Unknown
SOC 2 Certified
Wave Accounting
Unknown
Alma Provider Platform
Unknown
HITRUST Certified
Unknown
Unknown
HITRUST Certified
Wave Accounting
Unknown
Alma Provider Platform
Unknown
Features
Mobile App
Yes
Yes
Mobile App
Wave Accounting
Yes
Alma Provider Platform
Yes
Mental Health Specific
No
Yes
Mental Health Specific
Wave Accounting
No
Alma Provider Platform
Yes
Integrations
Total Integrations
None listed
6 integrations
Total Integrations
Wave Accounting
None listed
Alma Provider Platform
6 integrations
Support & Fit
Practice Sizes
Solo, Small (2-10)
Solo, Small (2-10)
Practice Sizes
Wave Accounting
Solo, Small (2-10)
Alma Provider Platform
Solo, Small (2-10)
Customer Base
Unknown
Unknown
Customer Base
Wave Accounting
Unknown
Alma Provider Platform
Unknown
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