How Much Can Your Office Save by Billing Electronically?
The dental return on investment (ROI) calculator tool helps offices identify the cost-savings potential that can be achieved by switching dental claim submission methods from a paper process to an electronic process. We invite your office to make the switch and start saving today!
|Your average daily patient volume:|
|Percentage of your patients covered by insurance:|
|Total days in a week you see patients:|
|Total weeks in a year you see patients:|
|Number of FTE employees doing your billing:|
|Average annual salary of your billing employee(s):|
|Your total annual insurance claim volume:|
|Your FTE billing employee's per minute salary rate:|
|Generate claim and place in evelop:|
|Cost of form & envelope:|
|Postage (10 claims / large envelope) - $2.00:|
|Generate claim and transmit:|
|Clearinghouse fee $0.50 per claim:|
|Total Annual Cost Savings Realized by Electronic Claims Submission (MONEY) -|
|Total Annual Resource Days Saved by Electronic Claims Submission (TIME) -|
*EClaim was calculated at the rate of $0.50/claim. Typically UHIN's cost is $0.01/claim
Additional benefits not included in calculation: Few returned forms, quicker turnaround, reduced outstanding accounts, less time on the telephone correcting and tracing claims.
Calculator brought to you by NDEDIC - visit us at www.NDEDIC.org