AltaPoint EMR Money Savings Calculator
How does an EMR save an office money?
Materials
Per Day
Cost per Unit
Total per Month
New patient chart
Superbills/Feeslips
Fax papers
Medical History Sheets
Printer papers
Postage
Monthly Savings:
Cost of Medical Records Space
Size of medical record room (sq. ft.)
Rent/sq. ft. of Office per Month
Monthly Rent Savings:
Monthly Employee Cost
Per Day
Minutes
Patient Chart Pulls
Patient Chart Pulls with EMR
Net Savings in Minutes:
Patient Chart Filing
Patient Chart Filing with EMR
Net Savings in Minutes:
Chart Transfer to Other Locations
Chart Transfer with EMR
Net Savings in Minutes:
Total Hours of Staffing Time Saved:
Average Hourly Wage of Support Staff:
Monthly Savings:
Physician Time
Per Day
Minutes
Record Dictation
Record Dictation with EMR
Net Savings in Minutes:
Total Savings in Minutes (-18 hours):
Average Time of Patient Visit per Physician:
Additional Patients Seen with EMR:
Average Reimbursement Rate per Visit:
Monthly Financial Benefit/Cost of EMR:
Monthly Transcription Cost:
Monthly Benefit/Cost of EMR Replacing Transcriptionist:
Total savings/cost of EMR Materials/Rent/Staffing/Transcription:
Cost of EMR Package
Total
Amortized 60 mths.
Amortized 36 mths.
Cost of Software
Cost of Hardware
Cost of Maintenance
Training/Miscellaneous
Total EMR Cost
Bottom Line
Over 60 mths.
Over 36 mths.
Monthly Cost/Savings of EMR
