Instructions for Calculators:
| Savings Calculator | National Average Paper Filing | National Average Electronic Filing | Enter Your Numbers | |
|---|---|---|---|---|
| A. | Number of insurance claims per year | 6,250 | 6,250 | |
| B. | Average amount per claim to the nearest dollar | $225 | $225 | $ |
| C. | Total annual insurance billing | $1,406,250 | $1,406,250 | |
| D. | Percentage of claims rejected | 22% | 1% | % |
| E. | Number of claims rejected | 1,375 | 63 | |
| F. | Amount of money in claims rejected | $309,375 | $14,175 | |
| G. | Percent rejected claims never recovered | 40% | 40% | 40% |
| H. | Total amount of money never collected | $123,750 | $5,670 | |
| I. | Savings (additional revenue) | $118,080 | ||
| Savings Calculator Results | Current System | Claimtronics Real-Time Billing | |
|---|---|---|---|
| A. | Number of insurance claims per year | 6 | 6 |
| B. | Average amount per claim to the nearest dollar | $3 | $3 |
| C. | Total annual insurance billing | $18 | 18 |
| D. | Percentage of claims rejected | 2% | 1% |
| E. | Number of claims rejected | 0 | 0 |
| F. | Amount of money in claims rejected | $0 | $0 |
| G. | Percent rejected claims never recovered (national average) | 40% | 40% |
| H. | Total amount of money never collected | $0 | $0 |
| I. | Savings (additional revenue) | $0 | |
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