Electronic Medical Billing System Saving Calculator
See How Our Electronic Medical Billing System Can Save You Money & Improve Your Bottom Line…
Instructions: Complete the fields listed under “Enter Your Figures” column. Do not use decimals. To request a detailed analysis of codes and/or complete billing cost analysis for your practice, please contact us today!
| Insurance Claims Filing | National Average: Providers Filing Paper Claims | National Average: Providers Filing Electronically | Enter Your Figures | Description |
|---|---|---|---|---|
| Number of Insurance Claims Filed Annually | 5,760 | 5,760 | ||
| Average Value Per Claim | $180 | $180 |
$
|
|
| Total Annual Insurance Billing | $1,036,800 | $1,036,800 | ||
| Percentage of Rejected Claims | 25% | 1% |
%
|
|
| Number of Rejected Claims | 1,440 | 58 | ||
| Amount of Rejected Claims | $259,200 | $10,368 | ||
| Percentage of Rejected Claims Never Collected | 40% | 40% |
%
|
|
| Total of Claims Never Collected | $103,680 | $4,147 | ||
| Savings From Using Electronic Submission | $99,533 | |||
Your results are below...
| Electronic Medical Claims Filing | Using Your Current System | Using Our Electronic Billing System | Description |
|---|---|---|---|
| Number of Insurance Claims Filed Annually | |||
| Average Value Per Claim | |||
| Total Annual Insurance Billing | |||
| Percentage of Rejected Claims | 1% | ||
| Number of Rejected Claims | |||
| Amount of Rejected Claims | |||
| Percentage of Rejected Claims Never Collected | |||
| Total of Claims Never Collected | |||
| From Using Electronic Submission | |||