MD On-Line Saving Calculator

All the initial values are national averages; customize them to match your practice and see how much you can save with electronic submission.

	Paper	Electronic	Savings
Number of providers in the office
Claims submitted per year for all providers
Average amount per claim	$
Typical co-pay	$
Total Insurance billed	$
Typical reimbursement percentage	%
Total Insurance paid	$
Percentage of rejected claims not recovered	%
Cost of stamp	$
Cost of envelope	$
Yearly salary for claims administration staff member(s)	$
Interest rate for deposits
Percentage of claims rejected (national average is 22%)	%	%
Rejected claims amount total	$	$
Total revenue lost from rejected claims	$	$	$
Minutes per day spent on claims administration (includes computer and phone)
Total Expense for claims administration	$	$	$
Total Expense for stamps/envelopes	$	$	$
Weeks for claims reimbursement
Total revenue earned from interest on faster claim payment	$	$	$

Name	Phone #
Email	State

Electronic Submission Savings Calculator