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Revenue Calculator

Claimtronics Patient Payment

Instructions for Calculators:

  • Enter data into the fields under “Enter Your Numbers”.
  • Use only whole numbers and do NOT use commas.
  • This calculator is intended to give a general idea of additional revenue potential using Claimtronics Patient Payment.
  • Click “Get My Results”.

Revenue Calculator Results

Revenue Calculator

  Revenue Calculator National
 Average
Claimtronics  Patient Payment Enter Your  Numbers
A. Number of outstanding accounts annually 125 125
B. Average outstanding balance $450 $450 $ 
C. Total amount of money left outstanding annually $56,250 $56,250  
D. Percentage of outstanding money never collected 40% 2% %
E. Annual lost revenue from non-collected accounts $22,500 $1,125  
F. Additional revenue due to Claimtronics Patient Payment $21,375  
G. Number of patients rejected due to credit risk who would have qualified under Claimtronics Patient Payment 36 0
H. Average amount of money billed to each new patient $600 $600 $ 
I. Revenue loss due to rejected patients $21,600 $0  
J. Additional revenue from credit risk patients $21,600  
K. Additional revenue from Claimtronics Patient Payment   $42,975  
  Revenue Calculator Results Current System Nationwide
 Patient Payment
A. Number of outstanding accounts annually 2 2
B. Average outstanding balance $900 $900
C. Total amount of money left outstanding annually $1,800 $1,800
D. Percentage of outstanding money never collected 3% 2%
E. Annual lost revenue from non-collected accounts $54 $36
F. Additional revenue due to Nationwide Patient Payment N/A $18
G.

Patients rejected due to credit risk who qualify under

Nationwide Patient Payment

22 0
H. Average amount of money billed to each new patient $400 $400
I. Revenue loss due to rejected patients $8,800 N/A
J. Additional revenue from credit risk patients N/A $8,800
K. Total lost revenue with current system ($8,854) LOSS  
L. Additional revenue from Nationwide Patient Payment   $8,818 GAIN
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Stafford, TX 77477, United States

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