Billing, Electronic Systems Technology
Billing Electronic Systems Technology is a private medical practice management and billing company in Albany, NY, serving physician practices and hospital-owned clinics across 20+ specialties with proprietary claims-submission technology, credentialing, and payroll services.
- Company typePrivate
- Founded-
- HeadquartersAlbany, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Billing, Electronic Systems Technology does
Billing Electronic Systems Technology, Inc. (B.E.S.T. Systems) is a privately held medical practice management and revenue cycle management company headquartered at 107 Everett Road, Albany, NY 12205. The firm serves physician practices and hospital-owned clinics across 20+ medical specialties — including cardiology, dermatology, emergency medicine, gastroenterology, OB/GYN, orthopedics, psychiatry, rural health clinics, and others — handling end-to-end billing from claims submission through accounts receivable follow-up, patient inquiries, and collections. Ancillary offerings include clinician credentialing with third-party payers, consultation services (chart review and billing seminars), payroll and payables administration, and electronic media/connectivity services.
The core technology is a proprietary, Unix-based B.E.S.T. Systems Medical Office System developed and continuously maintained in-house by four on-staff programmers. The stack supports electronic claims submission to all major third-party payers, generates day sheets, payment, A/R-by-clinician/location/carrier, and specialized management reports (demographics, diagnosis analysis, referral patterns, procedure analysis), and is positioned as a customizable alternative to off-the-shelf RCM software. The company highlights deep institutional knowledge of CPT and ICD-10 coding as a primary differentiator, supported by in-house registered nurses and physicians.
Commercially, B.E.S.T. operates a sales-led, direct B2B model. Pricing is custom: after a practice analysis, a mutually agreed fee is set based on needs, claim volume, specialty, and service scope, typically billed monthly. The company runs a team-approach staffing model with 60+ full and part-time employees providing backup coverage to eliminate billing downtime, and maintains ongoing training plus compliance advisory tied to HCFA/Medicare regulations. Geographic operations are concentrated in Upstate New York. In November 2025, Lifeloc Technologies, Inc. announced its acquisition of the company, pending shareholder approval.
Billing, Electronic Systems Technology firmographics
Firmographics- Name
- Billing, Electronic Systems Technology
- Legal name
- Billing Electronic Systems Technology, Inc.
- Website
- https://b-e-s-t.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Billing Electronic Systems Technology is a private medical practice management and billing company in Albany, NY, serving physician practices and hospital-owned clinics across 20+ specialties with proprietary claims-submission technology, credentialing, and payroll services.
- Ownership category
- akta.pro rank
Billing, Electronic Systems Technology industry classification
Industry- Product category
- Medical Billing Services
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Health Services (8000), Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Medical Billing & Coding Automation (HLACACAA)
- akta.pro secondary industries
- Patient Billing, Statements & Payment Processing (HLACACAG), Charge Capture & Clinical Documentation Improvement (CDI) for Billing (HLACACAF)
Keywords
Where Billing, Electronic Systems Technology is headquartered
LocationHeadquarters
- HQ city
- Albany
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Billing, Electronic Systems Technology business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations
Revenue model
- Medical Billing Services: Fee-based medical billing services determined after practice analysis. Fees are set based on needs, volume of business, specialty and services required. Services include claim submission, follow-up on non-payment, carrier inquiries, and collections management.
- Credentialing Services: Service to enroll physicians properly with third-party payers and obtain provider numbers linking them to the practice or network.
- Consultation Services: Chart review, educational billing seminars, liaison with payers on reimbursement issues.
- Payroll and Payables Services: Handle all payroll functions through quarterly reports and W-2s, receipt and payment of payables approved by client, bank reconciliations, preparation of reports for accountants.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Custom pricing based on practice analysis |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Billing, Electronic Systems Technology product offering
Product offeringCore offering
Billing Electronic Systems Technology, Inc. (B.E.S.T. Systems) provides medical practice management and medical billing services to physician practices across multiple specialties. The company handles claims submission to third-party payers, accounts receivable management, credentialing, payroll/payables, and consultation services, supported by its proprietary B.E.S.T. Systems Medical Office System running on Unix-based servers with continuously updated in-house database software.
Product overview
Billing, Electronic Systems Technology, Inc. (B.E.S.T. Systems) is a medical practice management and billing company based in Albany, NY. The company operates as a single integrated service offering centered on its proprietary B.E.S.T. Systems Medical Office System, which enables electronic claims submission to all major third-party payers. The core Medical Billing Services module handles the complete billing cycle including claims submission, payer follow-up, and accounts receivable management. Additional service modules include Clinician Credentialing (enrollment with third-party payers), Consultation Services (chart review, billing seminars), Payroll and Payables Services, and Electronic Media Services (internet connectivity, data download). All services are delivered by a staff of 60+ full and part-time employees with medical billing expertise, supported by on-staff computer programmers maintaining the proprietary software.
Differentiator
Problem solved
Functional benefit
Products and services
- Medical Billing Services Comprehensive medical billing services including claims submission to primary and secondary payers, follow-up on non-payment, patient billing inquiries, and accounts receivable management, delivered to physician practices across multiple specialties.
- B.E.S.T. Systems Medical Office System Proprietary Unix-based medical office software system enabling electronic claims submission to all major third-party payers, with continuously updated in-house database software maintained by four on-staff computer programmers.
- Clinician Credentialing Services Service that enrolls physicians with third-party payers and obtains provider numbers linking them to the practice or network through completion of client information packets and applications.
- Consultation Services Advisory services including chart review, educational billing seminars, and liaison with payers on reimbursement issues, provided to physician and medical practice clients.
- Payroll and Payables Services Financial services including handling all payroll functions through quarterly reports and W-2s, receipt and payment of payables approved by client, bank reconciliations, and preparation of reports for accountants.
- Electronic Media Services Services providing internet connectivity with B.E.S.T. and email download of data capabilities for client medical practices.
Companies that use Billing, Electronic Systems Technology
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Billing, Electronic Systems Technology technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Billing, Electronic Systems Technology partnerships and signals
Strategic signalScale indicators2 records
Recent moves3 records
Expansion highlights3 records
Billing, Electronic Systems Technology competitors and assessment
Company assessmentDirect peers
- Tebra (Kareo + PatientPop): All-in-one practice management, EHR, and medical billing platform purpose-built for independent practices and small medical groups — directly competing for the same mid-market physician segment B.E.S.T. serves in Upstate NY.
- Greenway Health: EHR, practice management, and revenue cycle management solutions for ambulatory practices. Competes for the same physician-office customer base with similar end-to-end billing and consulting services.
- eClinicalWorks: Ambulatory EHR and practice management vendor with integrated billing/RCM functionality used by physician offices across many of the same specialties B.E.S.T. serves, including primary care, cardiology, and orthopedics.
- AdvancedMD: Cloud practice management, EHR, and medical billing software for small-to-mid-sized practices and billing companies. Closely mirrors B.E.S.T.'s positioning as a full-service practice management and RCM vendor for independent physicians.
- CureMD: EHR, practice management, and RCM/billing services for small-to-mid-sized medical practices across multiple specialties — directly comparable in target customer and bundled service offering.
- athenahealth: Cloud-based EHR and RCM/billing platform serving physician practices of all sizes. Most directly comparable to B.E.S.T.'s medical billing and practice management offering, though at vastly greater scale and as a SaaS vs on-premise delivery model.
Broad incumbents
- R1 RCM: Large-scale outsourced RCM and practice management services provider focused on hospital systems and large medical groups. Comparable in service model (outsourced billing) but operates at significantly greater scale and on a more technology-driven platform.
- NextGen Healthcare: Ambulatory EHR and practice management/billing platform serving small and mid-sized physician practices. A broader incumbent with overlapping RCM functionality in the same specialty segments B.E.S.T. addresses.
Emerging players
- ChartLogic: EHR and practice management suite for ambulatory practices, with billing services. A smaller, more focused competitor in the same niche of serving independent specialty practices.
- DrChrono (EverHealth): Cloud-based EHR, practice management, and medical billing platform targeting small and mid-sized practices with mobile-first workflows — an emerging SaaS alternative to legacy on-premise systems like B.E.S.T.'s.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Billing, Electronic Systems Technology social profiles
Digital presenceBilling, Electronic Systems Technology financial estimates
Financial estimateRevenue estimate
Valuation estimate
Billing, Electronic Systems Technology leadership team
Management profileNumber of profiles
Billing, Electronic Systems Technology funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Billing, Electronic Systems Technology M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Billing, Electronic Systems Technology
What does Billing, Electronic Systems Technology do?
Billing Electronic Systems Technology, Inc. (B.E.S.T. Systems) provides medical practice management and medical billing services to physician practices across multiple specialties. The company handles claims submission to third-party payers, accounts receivable management, credentialing, payroll/payables, and consultation services, supported by its proprietary B.E.S.T. Systems Medical Office System running on Unix-based servers with continuously updated in-house database software.
Is Billing, Electronic Systems Technology a public or private company?
Billing, Electronic Systems Technology is a private company. It is classified as management employee owned and is currently operating.
When was Billing, Electronic Systems Technology founded?
Billing, Electronic Systems Technology was founded in -1. It employs 1 to 10 people.
Where is Billing, Electronic Systems Technology based?
Billing, Electronic Systems Technology is headquartered in Albany, United States, in the North America region.
How does Billing, Electronic Systems Technology make money?
Four revenue lines are on record. Medical Billing Services are the primary driver. The others are credentialing Services, consultation Services and payroll and Payables Services.
Who are Billing, Electronic Systems Technology's main competitors?
Direct peers on record are Tebra (Kareo + PatientPop), Greenway Health, eClinicalWorks, AdvancedMD, CureMD and athenahealth. Broad incumbents are R1 RCM and NextGen Healthcare. Emerging players are ChartLogic and DrChrono (EverHealth).
Does Billing, Electronic Systems Technology have an API?
No public API is recorded for Billing, Electronic Systems Technology.
What industry is Billing, Electronic Systems Technology in?
Billing, Electronic Systems Technology's product category is Medical Billing Services. Its primary akta.pro industry code is HLACACAA, Medical Billing & Coding Automation, with a secondary code of HLACACAG, Patient Billing, Statements & Payment Processing. Its NAICS code is 518 and its SIC code is 8000.