ROI Snapshot

Consider a practice that generates $1M in patient portion bills annually with a 50% average capture rate.

This practice pays 6% to a full service billing company to identify, process and collect patient responsible fees. Additional cost is incurred for postage and one internal support staff.

There is a high working capital cost of carrying patient balances since it takes an average of 60 days to receive payment (billing companies send statements after adjudication).

In this case, the total cost to manage patient revenue is 14%, and only 50 cents of each dollar billed was actually collected - the average circumstance.

Further, these figures don't take into consideration upfront payment discounts, which range from 10-15%.

The same practice partnered with CareBlue is able to realize:

* $300K more revenue collected
* $37K decrease in capture costs
* $88K working capital reduction

Use the ROI calculator to the right to see what your practice can expect from a CareBlue partnership, or call for an on-site evaluation by a local product representative.

Evaluate CareBlue's impact on your practice

CareBlue Is a Results-Driven Organization

When using the ROI calculator, you can expect the results to be as accurate as the data used for input. The results challenge typical complacency, but the entire CareBlue team is dedicated to meeting or exceeding the ROI assessment results since performance of the solution is guaranteed for cash flow, profitability, and cost. An initial benchmark is performed to set first quarter targets, and subsequent quarters encompass a standard review process to identify issues and maximize the performance of each guarantee.

CareBlue ROI Calculator reset

Total Annual Practice Revenue

Patient Responsible Portion of Revenue

Average Patient Amount Each Bill

Average Days to Collect from Patient

Average Patient Portion Capture Rate

Billing Co and Payment Processing Fee

Payment and Billing Support Staff

Annual Loaded Cost per Support Staff

Print and Postage Cost per Statement

Patients Turned Away for Credit Risk

Use the ROI Calculator above to analyze your practice's current patient billing solution.

Use the sliders to adjust calculator values. In some cases, billing and payment processing is outsourced for a fee, leaving a smaller effort on the practice itself. In other cases, patient billing is handled by internal office staff, and processing fees are reduced to just a credit card terminal costs.

To get the most accurate picture of value, match your real values as accurately as possible.