How much can your office save?
|
| Your Office | |
Your average daily patient volume:
|
|
The percentage of your patients covered by insurance:
|
% |
The total days in a week you see patients:
|
|
The total weeks in a year you see patients:
|
|
The number of full-time employees doing your billing:
|
|
The average annual salary of your billing employee(s):
|
$ |
Based on these numbers, we calculated:
|
Your total annual insurance claim volume:
|
|
Your billing employee(s) per minute salary rate:
|
$ |
Savings Realized...Paper vs. Electronic:
|
| Paper | |
Annual cost of paper billing - (approx. 5 minutes to generate claim and place it in an envelope):
|
$ |
Approx. cost of form and envelope - ($0.10 aggregate per mailing):
|
$ |
Postage (assumes 10 claims per insurance carrier in a large envelope costing $2.00 to mail):
|
$ |
Total annual costs associated with submitting claims and encounter forms:
|
$ |
Total time resources saved per year by electronic claims processing service submission:
|
$ |
Total annual resource days saved by electronic claims processing service submission (days):
|
|
|
| Electronic | |
Annual cost of electronic submission - (approx. 2 minutes to generate the claim and transmit):
|
$ |
Average clearinghouse fee: $ per claim. |
Annual clearinghouse fee:
|
$ |
Total annual costs associated with submitting claims and encounter forms:
|
$ |