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Is your practice experiencing revenue loss due to phone tag, complex scheduling rules, and patient intake? Discover the extent of this loss by using our advanced calculators, and learn how Qure4u can help you reclaim the revenue you deserve!
We save ten minutes per call. To calculate the hours saved, we take the total monthly visits (number of providers x number of visits per provider) and multiply it by 10 minutes saved per visit. Then divide that result by 60 (minutes in an hour) to get the number of hours saved per month. Multiply that by 12 to get the annual hours saved.
To calculate the revenue per provider, we multiply the number of hours saved monthly by the average hourly salary and divide it by the number of providers, then multiply that result by 12 (months) to get the projected annual revenue per provider. To get the projected annual revenue total, we multiply the projected revenue per provider by the number of providers.
We can reduce claims by 50%. To calculate the annual ROI, we take the number of annual visits, multiply it by the percentage reduction (50%), and then multiply it by the revenue per visit.
To calculate the monthly ROI, we take the same calculation as the annual ROI and divide it by 12 (months).
Imagine the potential savings and benefits your medical practice could achieve by embracing a modern and efficient communication method – converting phone calls to bi-directional secure texts. By implementing this innovative approach, you not only enhance the quality of patient care but also unlock valuable time and resources, leading to significant cost savings. Let’s delve deeper into the potential return on investment.
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Qure4u Inc. 2023