Quick Overview
- 1#1: SimplePractice - All-in-one EHR and practice management platform with automated billing, claims submission, and superbills tailored for mental health professionals including psychiatrists.
- 2#2: TherapyNotes - Secure EHR system with integrated billing, insurance claims processing, and ERA posting designed specifically for therapists and psychiatrists.
- 3#3: ICANotes - Psychiatry-focused EHR featuring customizable progress notes, E/M coding, and full billing capabilities including electronic claims and patient statements.
- 4#4: TheraNest - Cloud-based practice management software offering robust billing tools, claims scrubbing, and reporting for behavioral health practices.
- 5#5: Valant - Behavioral health platform providing comprehensive revenue cycle management, claims processing, and analytics for psychiatry and therapy groups.
- 6#6: Kareo - Medical billing software with strong support for behavioral health codes, automated claims, and denial management suitable for psychiatrists.
- 7#7: AdvancedMD - Enterprise-level practice management and billing solution with mental health coding support, RCM services, and multi-location capabilities.
- 8#8: DrChrono - iPad-native EHR with integrated billing, telehealth, and insurance eligibility checks optimized for independent psychiatry practices.
- 9#9: Practice Fusion - Free cloud-based EHR with built-in billing features, e-prescribing, and claims submission for small psychiatry practices.
- 10#10: Athenahealth - Cloud-based network-enabled EHR and billing platform supporting psychiatry with advanced revenue cycle tools and payer integrations.
Tools were evaluated based on core features (e.g., behavioral health coding, claims processing), user experience, reliability, and value, ensuring alignment with the unique workflows of psychiatrists and mental health providers.
Comparison Table
Mental health practitioners can streamline their billing processes by exploring a comparison of top Psychiatry Billing Software, which highlights key tools like SimplePractice, TherapyNotes, ICANotes, TheraNest, Valant, and more. This table breaks down features, pricing, and usability to help users identify solutions that align with their practice needs and workflows.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | SimplePractice All-in-one EHR and practice management platform with automated billing, claims submission, and superbills tailored for mental health professionals including psychiatrists. | specialized | 9.4/10 | 9.6/10 | 9.2/10 | 8.9/10 |
| 2 | TherapyNotes Secure EHR system with integrated billing, insurance claims processing, and ERA posting designed specifically for therapists and psychiatrists. | specialized | 9.2/10 | 9.5/10 | 9.0/10 | 8.7/10 |
| 3 | ICANotes Psychiatry-focused EHR featuring customizable progress notes, E/M coding, and full billing capabilities including electronic claims and patient statements. | specialized | 8.4/10 | 9.1/10 | 8.2/10 | 7.8/10 |
| 4 | TheraNest Cloud-based practice management software offering robust billing tools, claims scrubbing, and reporting for behavioral health practices. | specialized | 8.6/10 | 8.4/10 | 9.1/10 | 8.9/10 |
| 5 | Valant Behavioral health platform providing comprehensive revenue cycle management, claims processing, and analytics for psychiatry and therapy groups. | enterprise | 8.4/10 | 9.1/10 | 7.6/10 | 8.0/10 |
| 6 | Kareo Medical billing software with strong support for behavioral health codes, automated claims, and denial management suitable for psychiatrists. | enterprise | 8.1/10 | 8.4/10 | 7.8/10 | 7.9/10 |
| 7 | AdvancedMD Enterprise-level practice management and billing solution with mental health coding support, RCM services, and multi-location capabilities. | enterprise | 8.1/10 | 8.6/10 | 7.4/10 | 7.7/10 |
| 8 | DrChrono iPad-native EHR with integrated billing, telehealth, and insurance eligibility checks optimized for independent psychiatry practices. | enterprise | 8.0/10 | 8.3/10 | 7.7/10 | 7.5/10 |
| 9 | Practice Fusion Free cloud-based EHR with built-in billing features, e-prescribing, and claims submission for small psychiatry practices. | other | 7.4/10 | 7.0/10 | 8.5/10 | 9.0/10 |
| 10 | Athenahealth Cloud-based network-enabled EHR and billing platform supporting psychiatry with advanced revenue cycle tools and payer integrations. | enterprise | 8.1/10 | 8.7/10 | 7.5/10 | 7.6/10 |
All-in-one EHR and practice management platform with automated billing, claims submission, and superbills tailored for mental health professionals including psychiatrists.
Secure EHR system with integrated billing, insurance claims processing, and ERA posting designed specifically for therapists and psychiatrists.
Psychiatry-focused EHR featuring customizable progress notes, E/M coding, and full billing capabilities including electronic claims and patient statements.
Cloud-based practice management software offering robust billing tools, claims scrubbing, and reporting for behavioral health practices.
Behavioral health platform providing comprehensive revenue cycle management, claims processing, and analytics for psychiatry and therapy groups.
Medical billing software with strong support for behavioral health codes, automated claims, and denial management suitable for psychiatrists.
Enterprise-level practice management and billing solution with mental health coding support, RCM services, and multi-location capabilities.
iPad-native EHR with integrated billing, telehealth, and insurance eligibility checks optimized for independent psychiatry practices.
Free cloud-based EHR with built-in billing features, e-prescribing, and claims submission for small psychiatry practices.
Cloud-based network-enabled EHR and billing platform supporting psychiatry with advanced revenue cycle tools and payer integrations.
SimplePractice
specializedAll-in-one EHR and practice management platform with automated billing, claims submission, and superbills tailored for mental health professionals including psychiatrists.
Built-in insurance clearinghouse for direct electronic claims submission and auto-ERA reconciliation, minimizing billing errors and denials
SimplePractice is a comprehensive cloud-based practice management platform tailored for mental health professionals, including psychiatrists, offering robust billing tools for insurance claims, superbills, and payment processing. It automates electronic claims submission to major carriers, ERA posting, and eligibility verification, streamlining revenue cycle management for psychiatry practices. Beyond billing, it integrates EHR, scheduling, telehealth, and client portals with psychiatry-specific features like DSM-5 coding support.
Pros
- Seamless electronic claims and ERA auto-posting with top-tier clearinghouse integration
- Psychiatry-optimized billing for E/M codes, DSM-5, and superbills
- Strong compliance tools including HIPAA-secure telehealth and client payments
Cons
- Pricing scales quickly for group practices or advanced add-ons
- Limited advanced reporting customization for complex psychiatry billing analytics
- Occasional delays in claims processing during peak insurance seasons
Best For
Psychiatry practices of all sizes looking for an all-in-one platform that excels in automated insurance billing and practice management.
Pricing
Starts at $29/month per provider for Essentials (solo), $69/month for Professional, $99+/month for Enterprise; plus transaction fees (around 2.5-3.5%) and add-ons like premium telehealth.
TherapyNotes
specializedSecure EHR system with integrated billing, insurance claims processing, and ERA posting designed specifically for therapists and psychiatrists.
Automated superbill generation and claims scrubbing tailored to psychiatric billing codes
TherapyNotes is a cloud-based EHR and practice management platform tailored for behavioral health professionals, including psychiatrists, offering integrated tools for clinical documentation, scheduling, and billing. It excels in psychiatry billing by supporting electronic claims submission to over 1,000 payers, automated superbills, ERA auto-posting, and eligibility checks. The software ensures HIPAA compliance and streamlines revenue cycle management specific to psychiatric CPT and HCPCS codes.
Pros
- Seamless integration of EHR documentation with billing to minimize errors and speed up claims
- Robust support for psychiatry-specific codes, including E/M leveling and medication management billing
- Excellent customer support with dedicated billing specialists
Cons
- Higher cost for solo practitioners compared to basic billing-only tools
- Limited advanced reporting and analytics for large-scale practices
- No free trial, requiring commitment upfront
Best For
Solo or small psychiatry practices needing an all-in-one EHR with reliable, behavioral health-focused billing.
Pricing
$49/user/month (billed annually) for core plan including billing; $59/user/month for premium with advanced features.
ICANotes
specializedPsychiatry-focused EHR featuring customizable progress notes, E/M coding, and full billing capabilities including electronic claims and patient statements.
Intelligent, dynamic note templates that auto-populate billing codes and reduce documentation time by up to 50% for psychiatry encounters
ICANotes is a specialized cloud-based EHR and practice management platform designed for behavioral health providers, including psychiatrists, offering robust tools for clinical documentation, scheduling, and integrated billing. Its psychiatry billing features include automated superbills, CMS-1500 claims generation, eligibility checks, ERA auto-posting, and denial management tailored to mental health CPT and ICD-10 codes. The system emphasizes compliance with HIPAA and supports E/M coding documentation to maximize reimbursements.
Pros
- Psychiatry-specific templates and intelligent auto-fill for efficient documentation and accurate billing codes
- Seamless integration of EHR with billing for claims scrubbing, submission to 2000+ payers, and revenue cycle management
- Strong compliance tools including audit trails and customizable reports for psychiatry practices
Cons
- Pricing can be costly for solo practitioners or small groups without high volume
- Initial setup and customization require time and training
- Limited advanced analytics compared to enterprise-level billing software
Best For
Ideal for small to mid-sized psychiatry practices seeking an all-in-one EHR with strong behavioral health billing capabilities.
Pricing
Custom quotes starting at ~$299/month per provider (includes EHR and billing); scales with users and features; free demo required.
TheraNest
specializedCloud-based practice management software offering robust billing tools, claims scrubbing, and reporting for behavioral health practices.
One-click superbill generation and batch eligibility verification, which significantly reduces manual billing prep time for psychiatry claims.
TheraNest is a cloud-based practice management and EHR platform designed for mental health professionals, including psychiatrists, focusing on streamlining administrative tasks. It provides robust billing features like automated CMS-1500 claim generation, superbill creation, insurance eligibility checks, and payment processing via Stripe. The software also includes scheduling, secure messaging, telehealth integration, and customizable progress notes to support comprehensive psychiatry practice operations.
Pros
- User-friendly interface with intuitive navigation for quick adoption
- Strong billing automation including claims scrubbing and ERA auto-posting
- Affordable all-in-one solution combining EHR, billing, and scheduling
Cons
- Reporting tools are somewhat basic and lack advanced customization
- Billing setup can have a learning curve for complex insurance scenarios
- Limited third-party integrations compared to enterprise-level competitors
Best For
Solo psychiatrists or small mental health practices needing an affordable, easy-to-use platform for billing and practice management.
Pricing
Starts at $39/user/month (Essentials plan) up to $59/user/month (Advanced plan); annual discounts available, no setup fees.
Valant
enterpriseBehavioral health platform providing comprehensive revenue cycle management, claims processing, and analytics for psychiatry and therapy groups.
Automated billing rules tied to clinical outcome measures for optimized psychiatry reimbursements
Valant is a cloud-based EHR and practice management platform designed specifically for behavioral health providers, including psychiatrists, offering integrated billing capabilities. It automates claims submission, eligibility verification, payment posting, and denial management tailored to psychiatry-specific CPT codes like psychotherapy and E/M services. The software combines clinical documentation with revenue cycle management to streamline operations and improve reimbursement rates for mental health practices.
Pros
- Specialized behavioral health billing with psychiatry code support and claims scrubbing
- Integrated telehealth and outcomes tracking (e.g., PHQ-9) linked to reimbursements
- Robust revenue cycle management including AR aging and denial workflows
Cons
- Steep learning curve for new users due to comprehensive feature set
- Custom quote-based pricing can be expensive for solo practices
- Limited customization options for advanced billing rules
Best For
Mid-sized psychiatry practices needing an integrated EHR and billing solution with behavioral health-specific tools.
Pricing
Subscription-based, typically $300-$500 per provider/month plus one-time implementation fees; custom quotes required.
Kareo
enterpriseMedical billing software with strong support for behavioral health codes, automated claims, and denial management suitable for psychiatrists.
AI-powered claims intelligence that predicts and prevents denials specific to behavioral health codes
Kareo is a cloud-based medical billing and practice management platform tailored for independent healthcare practices, including psychiatry, offering automated revenue cycle management, claims processing, and EHR integration. It handles psychiatry-specific billing needs like psychotherapy CPT codes, E/M services, and telehealth reimbursements with features for denial management and patient payments. The software emphasizes efficiency for behavioral health providers by streamlining submissions to major payers like Medicare and private insurers.
Pros
- Robust automation for claims scrubbing and denial prevention, reducing errors in psychiatry billing
- Seamless telehealth integration ideal for remote psychiatry sessions
- Revenue cycle management with analytics for optimizing collections
Cons
- Pricing can escalate for smaller practices with add-ons
- Learning curve for advanced features and custom setups
- Occasional reports of slower customer support response times
Best For
Small to mid-sized psychiatry practices seeking integrated billing automation and telehealth support without needing a full hospital-level system.
Pricing
Revenue-share model (4-7% of collections) or subscription starting at $110/provider/month for billing, plus $300+/month for full EHR suite.
AdvancedMD
enterpriseEnterprise-level practice management and billing solution with mental health coding support, RCM services, and multi-location capabilities.
Intelligent claims scrubbing with psychiatry-specific code validation to minimize denials
AdvancedMD is a comprehensive cloud-based EHR and practice management platform with robust billing features designed for medical practices, including psychiatry. It automates claims processing, scrubbing, submission, and denial management while supporting psychiatry-specific CPT codes for evaluations, psychotherapy, and medication management. The system integrates revenue cycle management (RCM) tools to optimize reimbursements and compliance with HIPAA and mental health regulations.
Pros
- Integrated EHR and billing streamline workflows for psychiatry practices
- Advanced denial management and claims scrubbing reduce errors and accelerate payments
- Customizable reporting and analytics for revenue cycle insights
Cons
- Steep learning curve and complex interface for new users
- Higher pricing may not suit small solo practices
- Occasional customer support delays reported
Best For
Mid-sized psychiatry practices seeking an all-in-one EHR and billing solution with strong RCM capabilities.
Pricing
Custom quotes starting at ~$400-$600 per provider/month for core billing and PM; full EHR suite higher; implementation fees apply.
DrChrono
enterpriseiPad-native EHR with integrated billing, telehealth, and insurance eligibility checks optimized for independent psychiatry practices.
Native iOS and Android apps enabling on-the-go charting, prescribing, and billing submission from patient visits.
DrChrono is a cloud-based EHR and practice management platform with integrated billing capabilities designed for various specialties, including psychiatry. It supports electronic claims submission, denial management, automated ERA posting, and revenue cycle tools to handle psychiatry-specific codes like CPT for therapy sessions and ICD-10 for mental health diagnoses. The software also includes customizable templates, e-prescribing for psychotropics, and telehealth integration to streamline workflows for behavioral health providers.
Pros
- Integrated EHR and billing reduces need for multiple systems
- Strong support for telehealth and mobile charting ideal for psychiatry
- Real-time eligibility verification and claims scrubbing minimize denials
Cons
- Steep learning curve for billing setup and customization
- Not as specialized for behavioral health as dedicated psychiatry tools
- Customer support can be slow for complex billing issues
Best For
Small to mid-sized psychiatry practices needing an all-in-one EHR with reliable billing integration.
Pricing
Starts at $199 per provider per month for basic plans, with higher tiers up to $500+; includes implementation fees and add-ons for advanced billing.
Practice Fusion
otherFree cloud-based EHR with built-in billing features, e-prescribing, and claims submission for small psychiatry practices.
Completely free cloud-based EHR with built-in revenue cycle management, eliminating software licensing costs for basic psychiatry billing needs
Practice Fusion is a cloud-based EHR platform with integrated billing features designed for small to mid-sized practices, including psychiatry. It supports electronic claims submission, eligibility checks, payment posting, and denial management, streamlining revenue cycle tasks alongside clinical documentation. While versatile for general use, it provides psychiatry-specific templates for notes and coding but lacks deep specialization in behavioral health billing complexities like extended psychotherapy sessions or telepsychiatry modifiers.
Pros
- Free core EHR and basic billing features reduce upfront costs
- Intuitive interface with drag-and-drop charting and quick claims submission
- Seamless integration of clinical notes with billing codes for E/M and psychotherapy
Cons
- Limited advanced psychiatry billing tools, such as automated modifier suggestions or bundled service handling
- Customer support can be slow and less responsive for billing issues
- Additional fees for premium features like faxing or advanced reporting may add up
Best For
Small solo or group psychiatric practices seeking a cost-effective, user-friendly all-in-one EHR with solid basic billing capabilities.
Pricing
Free for core EHR and billing; per-provider fees for premium features (e.g., $149/month for advanced messaging); usage-based charges for faxes and labs.
Athenahealth
enterpriseCloud-based network-enabled EHR and billing platform supporting psychiatry with advanced revenue cycle tools and payer integrations.
AI-powered revenue intelligence for predictive denial prevention and clean claim rates above 98%
Athenahealth's athenaOne platform delivers integrated EHR and revenue cycle management tailored for psychiatry billing, automating claims submission with support for complex behavioral health CPT, ICD-10, and DSM codes. It streamlines eligibility verification, denial management, and AR follow-up, while integrating telehealth and progress note data for accurate superbills. Scalable for growing practices, it emphasizes compliance and interoperability via the athenahealth Network.
Pros
- Seamless EHR-billing integration reduces errors
- Advanced automation for claims scrubbing and denials
- Robust telehealth and behavioral health coding support
Cons
- High cost with custom enterprise pricing
- Steep learning curve for customization
- Mixed reports on customer support response times
Best For
Mid-sized to large psychiatry practices seeking scalable, all-in-one EHR and billing with enterprise-grade compliance.
Pricing
Quote-based; typically $300–$700 per provider/month for full suite, scaling with practice size.
Conclusion
The reviewed psychiatry billing tools offer strong solutions, but SimplePractice leads as the top choice, thanks to its all-in-one EHR and practice management features tailored for mental health professionals. TherapyNotes and ICANotes stand out as excellent alternatives—TherapyNotes for secure, integrated billing, and ICANotes for customizable notes and billing capabilities, each fitting distinct practice needs. With varied options, there’s a tool to suit every workflow.
Explore SimplePractice to streamline your billing processes and elevate your practice efficiency today.
Tools Reviewed
All tools were independently evaluated for this comparison
