ROI Analysis

Key Benefits
  • Labor Reduction
  • Reduction in No Shows
  • Improve Patient Communications
  • Build Value in Patient Relationship

ROI Assumptions 1 Fee includes every patient receives a phone call or 2-way text message and follow-up e-mail

2 Assuming reminder every phone call takes 2.5 minutes

3 Average wage is $13.00/hour including benefits

4 Average no-show rate is 9%, Reach My Patient anticipates a 3% no-show rate

5 Average visit revenue

ROI Calculator

Number of Monthly Scheduled Patients:      
Labor Savings Calculator
Staff Calling to Remind Voice, Email, SMS Notification
Monthly Service Fee 1 0 563
Monthly Labor Hours 2 63 3.3
Total Labor Costs per Month 3 813 42.9
Total Annual Costs 9,750 7,265

Labor Savings Using Reach My Patient: $2,485

No Show Recovered Revenue Calculator
Staff Calling to Remind Voice, Email, SMS Notification
# of Now Show or Cancellation Patients 4 225 75
Monthly Lost Revenue 5 16,875 5,625
Annual Lost Revenues 202,500 67,500

Annual Revenue Recovered Using Reach My Patient: $135,000


Total Financial Benefit of using Reach My Patient: $137,485