Fusion ePCR Cost Savings Estimator


   Click on yellow cells to modify values.


                   
Savings by Unit Hours     Year 1 Year 2 Year 3        
Number of Transports per Year
100
   100 104 108   Increase in Transports
4
 % per year
Average Unit Hour Cost
$150.00
   $150.00 $157.50 $165.38   Increase in Unit Hour Cost
5
 % per year
Average Claim Amount
$325.00
           Time Saved per Call per Unit
2
 minutes
Dollars saved per call     $5.00 $5.25 $5.51   Interest Rate
5
 % per year
Total Unit Hour Savings     500 546 595        
 
Billing Process Savings                  
Time from Call to Billing
2
 days         Time saved call to billing
1
 days
Time in Billing to Claim Filed
5
 days         Time saved billing to claim filed
2.5
 days
Claims denied due to incorrect/incomplete data
3
 per 100         Total Time Saved 3.5 days
Dollars lost due to mischarging on paper PCR
$500.00
 per month         Average Collection Rate
80
 % of billed
Additional Revenue from Improved Collection Rate     520 541 563   Improvement in Collection Rate
2
 %
Mischarge Dollars Saved     4800 4992 5192   Improvement in Mischarge Rate
80
 %
Interest Gained from Reduction in AR Age     16 16 17        
Total Billing Process Savings     5336 5549 5772        
 
Paper forms savings First Response PCR              
Cost per form
0.10
0.20
 33 34 35   percent of wasted or unused forms
10
 %
filing and storage cost per completed form
0.01
   2 2 2        
total paper forms cost     35 36 37        
Paper forms cost when using electronic filing     4 4 4   estimated % of paper forms
10
 %
Total Paper Forms Savings     32 32 33   needed with electronic PCR vs paper forms  
 
Management review process savings                  
Management review hours per week
40
           Average management pay rate
$25.00
 per hour
Cost of Management Review Process     52000 54080 56243        
New Management Review Cost     46800 48672 50619   reduction in hours of mgmt review
10
 %
Total Management Review Savings     5200 5408 5624        
 
Unit Hour Savings     $500 $546 $595        
Billing Process Savings     5336 5549 5772        
Paper forms savings     32 32 33        
Management review process savings     5200 5408 5624        
              Total Savings/Three Years    
Total Savings     $11067 $11535 $12024   $34626