Use this form below to calculate your savings with SHAPE ClaimRemedy. When you have inserted your values click on Get New Total to see how much you have save! Numbers that are shown are a generic example.


SHAPE ClaimRemedy
       
   
Monthly Cost
    Current SHAPE ClaimRemedy
  Monthly Cost    
How many patients do you check for eligibility per day? Patients    
How many minutes verification per phone call? Minutes    
What is the hourly wage in your office? $ .00    
How many days per month is your office open? Days    
BENEFIT VERIFICATION / ELIGIBILITY Sub-Totals $90.00 Included
       
How many statements and claims mailed monthly? Mailed    
What is your estimated billing cost per claim?* $ .00    
What percentage needs to be corrected or re-billed? %    
How many claims per month do you bill? Claims    
CLAIM PROCESSING Sub-Totals $214.00 $495.00
       
How many self-pay patients do you have per month?** Patients    
SELF-PAY STATEMENT BILLING Sub-Totals $2,000 No Charge
       
What volume do you bill insurance per month? $    
What percent will be unrecoverable bad debt? %    
BAD DEBT Sub-Totals $2,000.00 No Charge
       
  TOTAL COSTS Current SHAPE ClaimRemedy
  MONTHLY $4304.00 $495.00
  ANNUALLY $51648.00 $5940.00
       
       
  TOTAL SAVINGS
  MONTHLY $3809.00
  ANNUALLY $45708.00



* According to the healthcare actuarial firm of Milliman and Robertson (M&R), the average cost to process and collect on a claim is $11. Ranging from a low of $8.50 to a high of $18. This includes primary, secondary and tertiary claims.
** Pitney & Bowes has determined that the average cost to process a self-pay statement to a patient is $8. It takes 2.5 statement to collect, thus $20