CALCULATE YOUR REVENUE

See Your Savings Using Our Electronic Fund Transfer (EFT).
Instructions: Complete the fields listed under "Enter Your Numbers Here". Do not use decimals. To request a detailed analysis of EFT and/or complete billing cost analysis for your practice, please contact us today!

Revenue from Outstanding Accounts Recovered Annually Using EFT Number of Patients Rejected Annually that Cannot Pay but Would Have Qualified for EFT Average Amount Billed to Each New Patient Revenue From Credit Risk Patients Annually using EFT Total Combined Income From EFT Annually (Outstanding Balances + Credit Risk Accounts)

Electronic Fund Transfer	Average Provider Without EFT	Average Provider Using EFT	Enter Your Numbers Here
Number of Outstanding Accounts Annually	120	120		i Calculated as Total Outstanding Balance × % Recovered.
Average Outstanding Balance Per Account	$25	$25		i Calculated as Total Outstanding Balance × % Recovered.
Total Amount of Money Outstanding Annually	$3,000	$3,000	-	i Calculated as Total Outstanding Balance × % Recovered.
Percentage of Outstanding Balances Never Recovered	30%	60%	%	i Calculated as Total Outstanding Balance × % Recovered.
Annual Revenue Collected from Outstanding Accounts	$900	$1,800	-	i Calculated as Total Outstanding Balance × % Recovered.
Average Cost to Collect Each Account	40%	4%	-	i Calculated as Total Outstanding Balance × % Recovered.
Revenue From Credit Risk Patients Annually using EFT	$360	$72	-	i Calculated as Total Outstanding Balance × % Recovered.
Total Combined Income From EFT Annually (Outstanding Balances + Credit Risk Accounts)	$900 i This number is the additional net revenue you could collect annually by using the EFT solution versus traditional collections. It takes into account recovered revenue minus collection costs for each method.			i Calculated as Total Outstanding Balance × % Recovered.

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