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| ROI Analysis |
Value of PracticeSuite to Doctor's Office
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Transforming your office from paper-based charting to an Electronic Medical Record with an Integrated Practice Management application can create measurable and true cost savings; improve revenue, quality of your life and professional satisfaction! As the law of the nature, change bring opportunity but is inconvenient. Going electronic involves short term pain, learning curve and ramp-up time. With practicesuite, you would be surprised, it is not that bad after all!
- Check these REAL and CONSERVATIVE numbers out. This is SHOCKING but a bitter reality!
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One time setup cost (Hadware, Setup and Training) |
$4500 |
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Subscription cost per month |
$345 |
| 1. |
| Integrated Practice Management & EMR |
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| Reduced Operational Cost (Medical Economics) |
 more |
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$42,000 |
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| Revenue loss due to under coding (AAFP) |
more |
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$35,000 |
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| Higher reimbursement ( 2.5% cash flow improvement) |
more |
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$10,000 |
| 3. |
ROI in $ |
$91,000
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| Improved soft values |
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- Improved Cash flow
- Improved patient care
- Reduced malpractice risk
- Reduce exposure on payer audit risk
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