Medisoft

Medisoft is a widely used medical billing and practice management software developed by CompuGroup Medical (CGM) and distributed in the U.S. by Microwize Technology, a long-standing value-added reseller. Medisoft is designed to streamline administrative and financial operations for small to mid-sized healthcare practices. It is known for its affordability, scalability, and ease of use, making it one of the most popular solutions in the outpatient healthcare market.

Medisoft is not a standalone startup but a product under CompuGroup Medical, a global health IT company headquartered in Germany. CGM is publicly traded and has a strong financial foundation, though specific funding rounds or valuations for Medisoft itself are not disclosed. Its growth is driven by product sales, subscriptions, and reseller partnerships rather than venture capital.

Medisoft offers several versions tailored to different practice sizes:

• Basic: Entry-level features like electronic claims, appointment scheduling, and superbills.
• Advanced: Adds remainder statements, training academy access, and more reports.
• Network Pro: Multi-user support, patient intake forms, iOS functionality.
• Cloud: Subscription-based access with automatic updates, backups, and remote access.

Key features include:

• Electronic claims and statements
• Appointment scheduling and reminders
• Integrated CGM PAY for credit card/ACH payments
• ICD-10 and CPT code management
• Built-in word processor (Final Draft)
• Over 200 customizable reports
• Mobile app for patient check-in
• OCR insurance card scanning
• ePrescribing and eligibility verification
• Integration with Aprima EHR.