How much does it cost to develop a Hospital Management System in 2024
Developing a Hospital Management System (HMS) involves various factors that affect the total cost. The scale and complexity of the project can have a significant impact on the cost. We’ll go over every aspect of HMS costs in this article, such as an in-depth analysis of expenses, cost-cutting techniques, and the typical software cost. To find out more, continue reading.
By 2025, the market for health management systems is anticipated to reach a value of over 50 billion dollars, according per Statista. Health organizations are spending more money on custom software development to promote patient satisfaction, improve workflow, and increase the effectiveness of care delivery. But how do you create hospital management software? What features should custom hospital management software include, and is it worth it? Let’s take a closer look at HMS, covering its features, design, development process, and cost.
Table of Contents
What Is Hospital Management System Software?
A hospital management system is a software that can be either standalone or cloud-based. It collects and organizes all the data needed to manage both internal and external activities in a hospital. This includes information about doctors, patients, lab results, medical supplies, appointments, billing, insurance, and reports. The main goals of an HMS are to lighten the workload, cut down on administrative costs, reduce mistakes, increase efficiency, and improve the patient experience.
With an HMS, you can manage every part of a healthcare facility’s workflow, keep all the data in one place, and automate most daily tasks, eliminating the need for paper-based processes. A key feature of hospital management systems is their ability to integrate with various platforms and tools while being flexible and modular.
10 Key Factors Affecting Hospital Software Development Costs
Several factors influence the cost of developing hospital management software systems, especially with the increasing shift towards digital healthcare. Here are some important ones:
1. Scope and Complexity of the Project
The cost of the hospital management software system is mostly determined by its features and size. HMS with complex features such as inventory control, patient administration, and invoicing would cost more than a basic Electronic Health Record (EHR) system.
2. Technology Stack
Development costs may be impacted by selecting the appropriate technological stack, which includes databases, frameworks, and programming languages. While using more recent and advanced technology may initially cost more, in the long run they can offer improved scalability and reduced maintenance expenses.
3. Development Approach
Whether you decide to hire a professional team, build software internally, or use a combination of the two will affect the final cost. While outsourcing to regions with cheaper labor costs may result in financial savings, there may be extra project difficulties.
4. Compliance with Regulations
Hospital management software needs to follow regulations and standards like HIPAA, ACHC, and GHA. Making sure it meets these requirements can be expensive during development.
5. Integrating with Current Systems
Hospitals usually have systems like lab information systems (LIS) and radiology information systems (RIS) already installed. Because it takes a lot of effort and time to incorporate new software into obsolete, old systems, development expenses may increase.
6. User Interface and Experience Design
User interface (UI) and user experience (UX) design are critical components of software success. Superior UI/UX design increases satisfaction with the product but often increases development costs, particularly if extensive user testing and iteration are required.
7. Testing and Quality Assurance
Thorough testing and quality checks are essential for healthcare software. This can increase costs, as the software needs to be tested to fix any bugs and meet all requirements.
8. Deployment and Support
Other elements that raise the overall cost contribution include software implementation and maintaining the support system. Staff training, which includes technical support and software introduction, is a continuous expense.
9. Customization and Scalability
If software has to be readily scalable or more configurable to allow for the inclusion of new features, costs for development may increase.
10. Post-Development Support
Hospital software systems require ongoing maintenance and support. The total cost increases when long-term upgrades, bug patches, and new feature development are budgeted for.
Types of Hospital Management System Software
Different healthcare facilities have different hospital management systems. The system you choose will rely on your goals since it is made up of numerous modules, each with a unique function that can be customized to satisfy a particular requirement. There are a few primary varieties, though, that are often more prevalent.
- Billing and Financial Management Systems: These take care of financial reporting, billing, and claim processing. They contribute in the efficient management of hospital finances by ensuring that invoices are correct and simplifying insurance claims.
- Electronic Health Record Systems: Because these systems maintain patient information digitally, they are easier to access and more accurate. EHRs facilitate effective patient history, treatment, and test result tracking.
- Radiology Information Systems: RIS handle imaging data and workflows, such as scheduling, reporting, and archiving. They make radiology departments more efficient by organizing imaging studies and related information.
- Laboratory Information Management Systems: LIMS manage workflows, keep track of lab test findings, and improve data accuracy. They collaborate with EHRs to provide seamless information sharing.
- Patient Management Systems: These handle patient check-ins, appointment scheduling, and general patient flow, benefiting both operational effectiveness and the patient experience.
- Pharmacy Management Systems: These monitor the ordering, stocking, and dispensing of medications. They help in mistake prevention and guarantee that patients are promptly given the appropriate prescriptions.
Features of Hospital Management System
An Hospital Management System is designed to make sure medical facilities run smoothly at every stage. To do this, it needs to handle a lot of different tasks. Here are the key features you’ll need to build a hospital management system:
1. Financial management
Watch the spending plan and all money-related activities, including accounts, taxes, and expenses. Every patient should have their payment history tracked by the Hospital Management System (HMS), which should also compute the entire cost of hospital services automatically. Before paying for any service, patients need to be able to see the pricing list. Analyzing and improving the hospital’s financial status will be made easier with the use of automated financial management.
2. Patient Registration and Scheduling
Automating phone handling and medical form filling speeds up and simplifies the patient registration procedure. Patients may now make appointments with doctors at any time and from any location. Schedules can also be monitored by doctors. The development of the remaining patient interaction features depends on having a user-friendly patient system.
3. Inventory Management
Tracking the number of items in stock helps manage the availability of medical supplies. This feature lets employees monitor supplies and estimate when the next delivery is needed. Hospital computer programs also help keep track of medicine expiration dates.
4. Laboratory Management
Email notifications or messages in communication channels help clinic staff and patients quickly learn about test results. Often, getting these results quickly can impact the success of treatment.
5. Data Reports and Statistics
With a few clicks, you can create statistics reports on patients, doctors, budgets, and more with a properly configured system. You may use this knowledge to develop your institution in the future and to manage it more successfully.
6. Support Management
Since the management software is quite comprehensive, the support feature will be very helpful for both employees and patients. For employees, the helpdesk will provide a central place to work with all necessary tools. For patients, it will offer ongoing care, such as automatically generated staff calendars.
Steps to Develop Hospital Management System Software
The process of developing a hospital management system is intricate and has to be carefully planned and carried out. The following are the necessary steps to help you:
- Needs Assessment: Start by examining the hospital’s requirements. Speak with medical professionals, nurses, and staff members to learn about their needs and challenges.
- Define Objectives: Clearly state the hospital management system objectives. Decide which features like the ability to handle patient data, schedule appointments, and bill are important.
- Build the System: Make a thorough design that covers the database structure, user interface, and software architecture. Make sure the design is both easily navigable and scalable.
- Development: Based on the design requirements, start developing code. When building the system, use strong programming languages and frameworks. Test often and implement features gradually.
- Testing: To find and address issues, thoroughly test the system. To make sure the program lives up to user expectations and adheres with industry standards, do usability testing.
- Deployment: Phased implementation of the HMS will reduce disturbance. Train hospital employees and make sure the switch from the previous system goes well.
- Maintenance and Support: Following deployment, provide regular support and updates to resolve any problems and take user input into consideration for future improvement.
Hospital Management Software Development Costs Breakdown
We’ll focus on the details of how much hospital management software costs for healthcare facilities. The following figures are derived from the expertise of our software developers in developing similar apps and from industry norms in the field of IT.
| Stage | Details | Simple Projects | Average Projects | Complex Projects |
| 1. Research and Planning | Identification of the target market, establishing boundaries, and creating a plan. | $800 – $1200 | $1600 – $2400 | $2800 – $4800 |
| 2. Design | Implementation of UI/UX elements. | $1000 – $2000 | $2400 – $4800 | $4000 – $12,000 |
| 3. Development | Writing and building the code and program. | $6400 – $8000 | $9200 – $17,600 | $30,000 – $60,000 |
| 4. Testing and QA | Preventing bugs and ensuring functionality. | $5000 – $8000 | $5000 – $8000 | $5000 – $8000 |
| 5. Deployment and Integration | Implementing and setting up with corresponding systems. | $3000 – $7000 | $3000 – $7000 | $3000 – $7000 |
| 6. Maintenance and Updates | Continuous maintenance and regular updates. | $5000 – $10,000 | $5000 – $10,000 | $5000 – $10,000 |
| 7. Training and Support | Providing staff training and ongoing support. | $5000 – $10,000 | $5000 – $12,000 | $5000 – $14,000 |
| 8. Miscellaneous Cost | Equipment, management, and other expenses. | $5000 – $10,000 | $5000 – $12,000 | $5000 – $14,000 |
Please get in touch with our team if you would like a customized software estimate. Our team will assess your needs as a business and as a product before presenting an elaborate cost estimate.
3 Leading Hospital Management Systems
If you’re planning to develop hospital management software, it’s important to know the top options in this field. We’ll take a look at three popular hospital software systems from 2020 and explore what sets them apart from their competitors, making them some of the best.
1. Medstar HIS
The first Hospital Management System on the list, Medstar HIS, created by Pinaacle Technologies, provides customers with over 50 premium modules and features that many competitors don’t offer:
- Maintains billing records according to industry standards.
- The EMR module lets you store any information on the online portal, including lab tests and doctors’ recommendations.
- Advanced storage and backup systems keep your data safe and prevent any loss.
Medstar HIS doesn’t offer a free trial, unlike the other hospital management systems on our list. It works on all platforms, and its price starts at $250 per month.
2. eHospital
Since 2008, the American company Adroit Infosystems has been offering eHospital, a complete SaaS product for medical organizations. Over 12 years, the company has focused on understanding user feedback to go beyond customers’ expectations.
eHospital is regarded as one of the top HMS software options available for hospitals. It is known for its high level of customization, reliable performance, strong reputation, and wide range of features:
- Portal for patients
- Inpatient and outpatient management
- Online appointment scheduling
- Portal for doctors
- Billing system
- Security management
- Inventory control
3. SoftClinic
SoftClinic, developed by the Indian company JVS Group in 2002, started as an EHR and Hospital Management System. It offers a Hospital Information System (HIS), Electronic Health Records (EHR), and a patient portal for storing medical records. SoftClinik is available on PC, web, and mobile platforms, but the lack of official support for the mobile version is a major limitation.
Wrapping Up
More hospitals are shifting their operations to digital systems. A hospital database management system helps streamline a healthcare organization’s workflow and data management. Whether you’re looking for a pre-built solution or want to create a custom online clinic management system, reach out to Yeasitech to make your vision a reality.
FAQ’s
1. How do you create a hospital management system?
Building a hospital management system involves:
1. Ideating the solution.
2. Designing software for seamless stakeholder connection.
3. Developing the frontend and backend.
4. Testing and quality assurance.
5. Deploying the system across platforms.
2. What factors affect the cost of developing a hospital management system?
1. System complexity
2. Number of features and modules
3. Technology stack
4. Location and expertise of the development team
5. Additional integrations
3. How does a hospital management system impact healthcare costs?
A hospital management system reduces healthcare costs by simplifying administration, boosting staff productivity, cutting paperwork, minimizing errors, and improving care coordination.
