The following example comes from a recent Emmott on Technology in office consultation
Annual $ Savings
- Save 15 hours per day from single entry in the back $ 71,250
- Including charting and pulling charts
Total Savings per year $236,950
Hourly savings are based on a 190 day work year, and a $19/ hr wage plus 30% administrative costs for a total of $25/hr.
Re-activation savings are based on a 47-week year and $400 of work per patient
Annual percentage savings are based on a monthly gross of $45,000 with 70% overhead.
Plus there will be the added benefits of less stress, motivated team members, faster procedures, more accurate notes, less lab re-makes, lower radiation, better patient communications and you will absolutely get referrals because patients will perceive the office as high tech, up to date, modern and worth more than an “average” office.