All Comparisons/Billing / RCM

VNDRIQ — Category Comparison

Billing / RCM Vendor Comparison

Revenue cycle management, insurance billing, and claims processing platforms.

Typical PHI Exposure

Critical — handles insurance data, clinical codes, and financial PHI.

Common Risks

Third-party RCM vendors, clearinghouse data flows, audit exposure.

Recommended Approach

BAA and Business Associate relationships must be formally established.

DentalXChange

Billing / RCM

63

Score

Approved With RestrictionsVerify Directly
Privacy42
Governance73
Healthcare59
AI Risk79
HighLow

Vyne Dental

Billing / RCM

63

Score

Approved With RestrictionsVerify Directly
Privacy42
Governance73
Healthcare59
AI Risk79
HighLow

Change Healthcare

Billing / RCM

63

Score

Approved With RestrictionsVerify Directly
Privacy42
Governance73
Healthcare59
AI Risk79
HighLow

Experian Health

Billing / RCM

63

Score

Approved With RestrictionsVerify Directly
Privacy42
Governance73
Healthcare59
AI Risk79
HighLow

Availity

Billing / RCM

63

Score

Approved With RestrictionsVerify Directly
Privacy42
Governance73
Healthcare59
AI Risk79
HighLow

Cohere Health

Billing / RCM

57

Score

Approved With RestrictionsVerify Directly
Privacy42
Governance73
Healthcare59
AI Risk55
HighMedium

Waystar

Billing / RCM

57

Score

Approved With RestrictionsVerify Directly
Privacy42
Governance73
Healthcare59
AI Risk55
HighMedium

R1 RCM

Billing / RCM

57

Score

Approved With RestrictionsVerify Directly
Privacy42
Governance73
Healthcare59
AI Risk55
HighMedium

Cedar

Billing / RCM

57

Score

Approved With RestrictionsVerify Directly
Privacy42
Governance73
Healthcare59
AI Risk55
HighMedium

CodaMetrix

Billing / RCM

51

Score

Approved With RestrictionsVerify Directly
Privacy42
Governance73
Healthcare59
AI Risk30
HighHigh

Fathom

Billing / RCM

51

Score

Approved With RestrictionsVerify Directly
Privacy42
Governance73
Healthcare59
AI Risk30
HighHigh

Nym

Billing / RCM

51

Score

Approved With RestrictionsVerify Directly
Privacy42
Governance73
Healthcare59
AI Risk30
HighHigh

AKASA

Billing / RCM

51

Score

Approved With RestrictionsVerify Directly
Privacy42
Governance73
Healthcare59
AI Risk30
HighHigh

Executive Summary

This category contains 13 vendors in the VNDRIQ registry. DentalXChange has the highest VNDRIQ score (63) in this category. PHI exposure in this category is typically critical — handles insurance data, clinical codes, and financial phi.

13

Total Vendors

13

Approved / Restricted

13

BAA Verification Needed

Governance Considerations for Billing / RCM

BAA and Business Associate relationships must be formally established.

Common risks include: Third-party RCM vendors, clearinghouse data flows, audit exposure.

All vendors in this category should be reviewed for BAA status before processing PHI.

Establish a regular review cadence for all Billing / RCM tools.

Questions to Ask Before Approval

01

Has the vendor executed a Business Associate Agreement (BAA) with your organization?

02

Does the vendor use customer data to train AI models? Can you opt out?

03

Where is PHI stored, processed, and transmitted?

04

What data retention and deletion policies apply to your PHI?

05

Has the vendor undergone a third-party HIPAA or SOC 2 audit?

06

What is the vendor's incident response and breach notification process?

07

Does the vendor offer audit logging for PHI access?

08

What subprocessors have access to PHI through this vendor?

Recommended For

Healthcare organizations evaluating vendors in this category for PHI workflows

DSOs and dental groups standardizing vendor governance across locations

Compliance teams conducting annual vendor risk reviews

IT directors building HIPAA-aligned vendor registries

PE-backed healthcare operators implementing governance frameworks

Healthcare administrators assessing AI tool adoption risk

Request Vendor Evaluation

Get a structured risk assessment for any vendor.

Request Benchmark Report

Compare vendors across your full stack.

Book Governance Assessment

Talk to a VNDRIQ governance specialist.