Find A Learning Management System Price That Works For You

Finding a learning management system that fits your price range and your needs may be challenging but it is certainly worthwhile.

A primary goal of any LMS is to reduce the costs of continuing medical education through streamlined processes and automation. Based on the needs of your organization, it’s important to find a program that fits your budget and delivers a high return on investment.

To arrive at an affordable learning management price, it’s helpful to determine which CME features your organization absolutely requires and which components you can do without, if necessary. And remember– there’s more to the price than just your chosen LMS features. Get quotes for sign-up and maintenance expenses too, so you’re not caught unaware when that first bill arrives.

4 Contributors To Learning Management System Price

Wondering what your new learning management system is really going to cost you? The price of LMS can vary greatly depending on the factors listed below:

1. Signup/Setup Expenses. Some LMS vendors charge a one-time fee when you first purchase your LMS, while others charge a monthly or annual payment. Support services may also result in additional fees, so be sure to ask about these charges up front.
2. Per-Learner Fees. Some LMS platforms charge for each learner that signs up for any given CME activity. If you have a large turnout, this can result in high costs. For large organizations, it may be better to look for an LMS cost structure that covers your entire organization.
3. Maintenance Costs. Although LMS vendors many not charge this fee upfront, integrating an LMS system into your current learning strategy may involve extra fees.
4. Licensing Fees. LMS vendors may charge a licensing fee that requires periodic renewal. Before you commit to an LMS vendor, be sure to ask about this fee.

At EthosCE, our LMS offers no licensing fees or limit per learner, so you can train your people in a cost-effective manner. EthosCE is the industry-leading, SCORM-compliant learning management system designed to automate and modernize the delivery of continuing education in the health professions. We work closely with leading medical association, academic centers, and health system to optimize their technology infrastructure and create an easy-to-use and intuitive environment for learners and CME administrators alike. For more information about EthosCE, please contact us at 267-234-7401.