nTelagent can provide an attractive return on investment in potentially 90 days after implementation of the Self-Pay Management System, depending on the current status of a healthcare provider’s collection pattern.
Following is an ROI example for a mid-sized hospital that uses the Self-Pay Management System for all uninsured and underinsured patient activity:
- Hospital with $50 million in net patient revenues
- Uncompensated care provided in the amount of 15% of net patient services revenue ($7.5 million)
- An initial minimum improvement of 5% in uncompensated care expense would generate an additional $375,000 in collections on patient revenue over the next 12 months
- A more realistic improvement of 20% in uncompensated care would generate an additional $1.5 million per year
