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Glossary

TCO (total cost of ownership)

Everything a product costs over its life: subscriptions, setup, hardware, maintenance and add-ons.

Monthly list price is a poor guide to real cost. Per-provider and per-location units, setup fees, required hardware and annual maintenance can double the three-year total.

From our data: 118 products have enough published pricing to model a 3-year TCO.

What to include

Subscription or license and support; setup, data conversion and training; add-on modules such as texting, online booking and e-prescribing; per-provider and per-location fees; hardware and IT for server software; and staff time lost during the changeover.

Worked example

Open Dental publishes $199 a month for the first year and $149 afterwards. Support alone is $5,964 over three years. Adding a $1,450 conversion, the $165 eServices bundle and e-prescribing for two dentists brings it to about $17,500, nearly three times the headline figure, before a server.

Go deeper

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