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What is ROI (Return on Investment)?



ROI is a performance measure used by business men and women to evaluate the efficiency of an investment. ROI is very popular because of it’s versatility and simplicity. That is, if an investment does not have a positive ROI then the investment should not be undertaken. Please take just 2 minutes to see what your ROI with Future Health can be. This is a very effective tool to measure your ROI when evaluating the purchase of Future Health’s Virtual Office Suite. Many other software systems will have a negative ROI which simply means steer away from them.

     
Your Name  
Your email address  
Phone  
Address  
City  
State  
Zip  
Time to create the initial chart?   Minutes
How long does it take to pull a chart?   Seconds
How long does it take to file a chart?   Seconds
How many patient visits per week?  
How many new patients per month?  
What is your case average for new patients? $
Average time for a patient visit?   Minutes
Average time to document the patient visit?   Minutes
Average time to document a new patient visit?   Minutes
How many therapeutic home exercise programs do you bill per week?  
Average time spent educating the patient per visit?   Minutes
What is your weekly transcription cost? $
Average reimbursement rate per patient visit? $
Average hourly wage for clerical staff? $
Does the practice outsource billing?  
If yes, percentage paid to the billing company?   %
If no, please answer the following:    
1) What percent of your patients pay in full at time of service?   %
2) How many hours per week are spent entering charges and preparing claims for submittal?   Hours
3) Time to complete billing per patient?   Minutes
Select a Sales Person  
Monthly Return on Investment Analysis
  DC2 (Dashboard Documentation and EHR) IB (Intelligent Billing) VE (Virtual Educator) VOS (Virtual Office Suite)
         
TOTAL SAVINGS/REVENUE $ $ $ $
Direct Cost Savings/Revenue $  $  $  $ 
Doctor Hours Saved           
Value of Hours Saved * $   $  $ 
Staff Hours Saved **           
Cost of Staff Hours Saved $  $    $
System paid for in X months
Percentage Savings of Revenue % % % %
 
* Assumes that 50% of time saved using the FHI solutions will be used by the doctor to see additional patients.
** Assumes that time saved using the FHI solutions reduces staff costs.
 
 

 Once you have completed the form press the "Calculate" button for the analysis and the "Reset" button to clear your information and restore fields to default values.
 

 

 

 

 

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