ePayments Savings Calculator
Embedded payments save time, money, and reduce errors
Average daily number of patient payments
Monthly average
Average number of monthly statement mailed
Mailing unit cost per statement (e.g: .85)
Monthly mail cost
e-Statement cost
Manual Processing | Hours/Month | Average unit cost ($) | Monthly cost saved ($) |
---|---|---|---|
Hours Spent Manually Taking Payments | |||
Hours Spent Posting Payments to Patient Balances | |||
Hours Reconciling Patient Payments Each Month | |||
Hours Spent Printing & Mailing Statements | |||
Mail cost saved | |||
Card Processing Fee | |||
Total Monthly Saving |
Other Benefits
- Free card swiper. Single contact for card/account support
- Get paid faster with online bill pay, versus mailing and waiting for patients to mail a check back.
- Offer payment plans that break out balances to recurring payments. Card on file is automatically charged at your preset interval, and you're notified when there's a decline.
Additional Resources
Medical Billing Software Reviews
Learn how and what to compare against when reviewing medical billing software options.