$152,600
from redirecting time from manual data retrieval toward patient care
+
$163,200
from redirecting time from quality reporting, coding, and billing toward patient care
+
$226,200
from decreased claim denials as a result of submitting complete documentation
{Company name} may be able to capture in additional annual revenue by automating medical record retrieval.
Assumptions
Our customers reported saving an average of 4.5 hours per provider weekly by eliminating the need to manually retrieve medical records. Those hours saved could now be redirected towards patient care. For this calculation, we assume providers delivering care on behalf of your organization will spend these saved 4.5 weekly hours to see more patients, and that based on industry averages for in-person care, each provider spends roughly 30 minutes with each patient and can see 2 patients an hour.
Inputs
Your organization has 100 providers. With Health Gorilla, they could each save 4.5 hours a week and could spend those hours seeing additional patients at the average revenue per encounter of $120. With these inputs, your organization could generate a net new $200,000 annually by deploying Health Gorilla across your provider base.
Formula
100 providers × 4.5 hours saved weekly per provider × 52 weeks in a year × 2 additional patient visits for every hour saved × $120 average revenue per encounter = $XXX
By saving time on quality reporting, coding, and billing, you may be able to generate net new in annual revenue.
Assumptions
Industry reports claim that providers spend the time equivalent of seeing nine patients reporting on quality measures, coding, and billing weekly.¹ In a survey conducted in 2023, Health Gorilla customers reported saving 4 hours per provider weekly on quality reporting, coding, and billing. If your organization's providers spend those hours seeing additional patients, based on industry averages for in-person care, each provider could spend roughly 30 minutes with a patient and can see 2 patients an hour.
Inputs
Your organization has 100 providers. Each provider could save 4 hours a week and spend that reclaimed time seeing additional patients at $120 revenue per encounter. As a result, we estimate that your organization could generate net new $200,000 annually from using data from Health Gorilla to expedite these workflows.
Formula
100 providers × 4 hours saved weekly per provider × 52 weeks in a year × 2 additional patient visits for every hour saved × $120 average revenue per encounter = $XXX
Denied claims cost organizations billions every year. By submitting complete documentation retrieved from Health Gorilla, you may be able to capture worth of claims that would have otherwise been lost.
Assumptions
Reports state that 30% of claims are denied for incomplete documentation and improper coding, causing a substantial loss in potential revenue.2 With complete clinical documentation through Health Gorilla, our customers reported a notable 25% decrease in denied claims. We assume your organization could achieve comparable results.
Inputs
Based on your average revenue per encounter of $120 and patient roster size of 3,000, we estimate that your organization could recover $XXX in claims.
Formula
2 encounters per patient per year × 3000 patients × $100 avg. revenue per encounter × 0.35 claims denied today × 0.25 of those claims now recovered = $XXX
¹ Lawrence Casalino et al., “US physician practices spend more than $15.4 billion annually to report quality measures,” Health Affairs, March 2016, Volume 35, Number 3, healthaffairs.org.
2 Farnen, Helen. “The Financial Impact Of Denied Claims In Medical Billing: Bigger Than You Think.” https://www.rxnt.com/the-financial-impact-of-denied-claims-in-medical-billing/.
*Disclaimer: This tool and information provided is for discussion, planning and informational purposes only. Calculations are hypotheticals, estimates only and subject to change. Calculations are not promises or guarantees of revenue, outcomes, returns or other results, including as a use of Health Gorilla’s products and services. Actual results may vary from the estimates hereby provided. Health Gorilla is not responsible for the accuracy of any such calculations. You are solely responsible for use of any information generated using this tool.
$152,600
from leveraging comprehensive patient data for more effective care
+
$163,200
from redirecting time from manual data retrieval toward patient care
+
$226,200
from redirecting time on quality reporting, coding, and billing toward patient care
By leveraging comprehensive patient data to improve outcomes, your organization may be able to increase value-based revenue by .
Assumptions
With complete, real-time clinical data through Health Gorilla, our customers reported a 27% increase in their revenue derived from their value-based care arrangements. Providers could use data from Health Gorilla to intervene in the patient’s care proactively, prevent re-admissions, and manage patients in a lower cost setting, resulting in better outcomes and higher annual revenue per patient.
Inputs
Based on your average annual revenue per patient of $120 and patient roster size of 3,000, we estimate that your organization could increase value-based revenue by $XXX in the next year.
Formula
3000 patients × $100 avg. annual revenue per patient × 0.27 increase in value-based revenue due to improved care = $XXX
{Company name} may be able to capture in additional annual revenue by redirecting manual data retrieval tasks towards patient care.
Assumptions
Our customers reported saving an average of 3.5 hours per provider weekly by eliminating the need to manually retrieve medical records. Those hours saved could now be redirected to patient care. For this calculation, we assume providers delivering care on behalf of your organization could spend those 3.5 weekly hours seeing more patients, and that for in-person care, each provider spends roughly 30 minutes with each patient and can see 2 patients an hour.
Inputs
Your organization has 100 providers. With Health Gorilla, they could each save 3.5 hours a week and will spend those hours seeing additional patients at the average annual revenue per patient of $120. With these inputs, your organization could generate a net new $200,000 annually by deploying Health Gorilla across your provider base.
Formula
100 providers × 3.5 hours saved weekly per provider × 52 weeks in a year × 2 additional patient visits for every hour saved × $120 average annual revenue per patient = $XXX
By saving time on quality reporting, coding, and billing, you may be able to generate net new in annual revenue.
Assumptions
Industry reports claim that providers spend the time equivalent of seeing nine patients reporting on quality measures, coding, and billing weekly.¹ In a survey conducted in 2023, Health Gorilla customers reported saving 2.5 hours per provider weekly on quality reporting, coding, and billing. We assume that your organization’s providers could spend those hours seeing additional patients, and for in-person care, each provider spends roughly 30 minutes with a patient and can see 2 patients an hour.
Inputs
Your organization has 100 providers. Each provider can save 2.5 hours a week and could spend that reclaimed time seeing additional patients at $120 revenue per patient. As a result, we estimate that your organization could generate net new $200,000 annually from using data from Health Gorilla to expedite these workflows.
Formula
100 providers × 2.5 hours saved weekly per provider × 52 weeks in a year × 2 additional patient visits for every hour saved × $120 average annual revenue per patient = $XXX
¹ Lawrence Casalino et al., “US physician practices spend more than $15.4 billion annually to report quality measures,” Health Affairs, March 2016, Volume 35, Number 3, healthaffairs.org.
*Disclaimer: This tool and information provided is for discussion, planning and informational purposes only. Calculations are hypotheticals, estimates only and subject to change. Calculations are not promises or guarantees of revenue, outcomes, returns or other results, including as a use of Health Gorilla’s products and services. Actual results may vary from the estimates hereby provided. Health Gorilla is not responsible for the accuracy of any such calculations. You are solely responsible for use of any information generated using this tool.
$152,600
from redirecting time from manual data retrieval toward patient care
+
$163,200
from higher net revenue retention rate due to successful cross-selling
+
$226,200
from accelerating sales with a highly differentiated product
By automating medical record retrieval, {Company name} may be able to create significant time savings for providers, generating net new .
Assumptions
In a survey of Health Gorilla customers, respondents reported saving approximately 5.5 hours per provider weekly by eliminating the need to manually retrieve medical records and simplifying quality reporting, coding, and billing. If providers spend those hours seeing additional patients and are compensated $115 per hour on average,1 each provider could generate net new $32,890 annually. Your organization can share in that value created for providers by launching a premium subscription offering that costs 15% more.
Inputs
Based on your subscriber count of 500, we estimate that your organization could increase annual revenue by $XXX by sharing in the value created for providers.
Formula
500 providers subscribed × 5.5 hours saved weekly per provider × $115 hourly compensation for a single provider × 52 weeks in a year × 15% subscription revenue increase = $XXX
By offering unique functionality that reduces the burden on providers, you could expect higher retention, resulting in in additional annual revenue.
Assumptions
With automated medical record retrieval and lab ordering, our customers reported more cross-sell and up-sell opportunities. For this calculation, we assume that Health Gorilla improves your net revenue retention rate by 15% due to cross-selling new data connections and workflow products.
Inputs
Your annual net revenue retention rate is 95%, and 500 providers are subscribed to your service at an annual subscription rate of $2,500. By improving net revenue retention by 15%, your organization could generate net new $XXX annually.
Formula
95% retention rate × 15% improvement in retention rate × 500 providers subscribed × $2,500 annual revenue per user = $XXX
By accelerating sales with differentiated functionality, you may be able to generate an additional in annual revenue.
Assumptions
In a survey conducted in 2023, Health Gorilla customers reported new competitive advantages and greater market penetration by embedding Health Gorilla's patient data retrieval or lab ordering solutions. We assume that your organization could achieve a 30% increase to your existing provider growth rate by integrating with Health Gorilla.
Inputs
Your annual provider growth rate is 12%, and your average annual revenue per user is $2,500. By improving your growth rate by 30% with Health Gorilla, your organization could generate a net new $XXX annually.
Formula
12% annual provider growth rate × 30% increase due to Health Gorilla × 500 providers subscribed × $2,500 annual revenue per user = $XXX
¹ “Physician salaries ranked by hourly rate,” April 17, 2023, https://www.healthgrades.com/pro/physician-salaries-ranked-by-hourly-rate.
*Disclaimer: This tool and information provided is for discussion, planning and informational purposes only. Calculations are hypotheticals, estimates only and subject to change. Calculations are not promises or guarantees of revenue, outcomes, returns or other results, including as a use of Health Gorilla’s products and services. Actual results may vary from the estimates hereby provided. Health Gorilla is not responsible for the accuracy of any such calculations. You are solely responsible for use of any information generated using this tool.
$152,600
from increasing subscription fees for enhanced products
+
$163,200
from increasing retention rates with superior, data-based care
+
$226,200
from accelerating your subscriber growth rate
By accessing complete data upfront, {Company name} could offer a differentiated patient experience, generating net new .
Assumptions
According to industry reports, integrating comprehensive data on every patient can improve patient satisfaction by 15%, eliminating their need to fill out lengthy forms or recount their medication list or surgical history.1 By making complete patient data available to providers and creating a seamless lab ordering experience, we assume that your organization could share in the value created for patients through a 3% subscription fee increase.
Inputs
Your average monthly revenue per user is $120 and consumer subscriber count is 5,000. By sharing in the value created for patients through a subscription price increase, we estimate that your organization could increase annual revenue by $XXX.
Formula
5,000 consumers subscribed × $120 monthly revenue per user × 12 months in a year × 0.03 increase in monthly subscription fees = $XXX
By enabling providers to spend more time with patients, your organization may be able to increase retention, resulting in in additional annual revenue.
Assumptions
In a survey conducted in 2023, Health Gorilla’s customers reported higher patient retention rates due to superior, personalized care based on a comprehensive longitudinal clinical history. Streamlined medical record retrieval and lab ordering saved providers an average of 10 hours per week, which boosted provider retention and reduced potential disruptions to patient care, enabling higher quality care delivery and reduced risk for medical errors. Taken altogether, we assume that Health Gorilla could improve your consumer retention rates by 5%.
Inputs
Your annual consumer retention rate is 95%, and 5,000 consumers are subscribed to your service at an annual subscription price of $120. By improving your consumer retention by 5%, your organization would generate net new $20,000 annually.
Formula
95% retention rate × 5% improvement in retention rate × 5,000 consumers subscribed × $120 monthly revenue per user × 12 months in a year = $XXX
By accelerating your subscriber growth rate, you could generate an additional in annual revenue.
Assumptions
In a survey conducted in 2023, Health Gorilla customers reported new competitive advantages leveraging unique data-driven functionality that can accelerate your growth rate. We assume that your organization can achieve a 30% increase to your existing consumer growth rate by deploying Health Gorilla across your clinical team and promoting a data-driven, streamlined care delivery service.
Inputs
Your annual consumer growth rate is 12%, and your average annual revenue per user is $120. By improving your current growth rate by 30% with Health Gorilla, your organization could generate a net new $20,000 annually.
Formula
12% annual consumer growth rate × 30% increase due to Health Gorilla × 5,000 consumers subscribed × $120 monthly revenue per user × 12 months in a year = $XXX
¹ Roham M, Gabrielyan AR, Archer NP. Predicting the impact of hospital health information technology adoption on patient satisfaction. Artif Intell Med. 2012;56(2):123-135. doi:10.1016/j.artmed.2012.08.001.
*Disclaimer: This tool and information provided is for discussion, planning and informational purposes only. Calculations are hypotheticals, estimates only and subject to change. Calculations are not promises or guarantees of revenue, outcomes, returns or other results, including as a use of Health Gorilla’s products and services. Actual results may vary from the estimates hereby provided. Health Gorilla is not responsible for the accuracy of any such calculations. You are solely responsible for use of any information generated using this tool.
$152,600
from accelerating enrollment and service uptake
+
$163,200
from increasing patient retention with personalized, data-based care
By improving health outcomes with complete patient data, you could accelerate enrollment and generate in additional revenue.
Assumptions
With access to comprehensive patient data and longitudinal tracking, you could boost enrollment rates by offering care based on the patient's comprehensive clinical history. By promoting unique, data-driven care capabilities, you could increase patient enrollment and service uptake across the enterprise. With Health Gorilla, we assume that your organization has the potential to increase enrollment rates by 5%.
Inputs
Your user enrollment count is 5,000 and your average monthly revenue per user of $120. By increasing your enrollment rate by 5%, we estimate that your organization could increase annual revenue by $XXX.
Formula
5,000 users × $120 monthly revenue per user × 12 months in a year × 5% increase in enrollment = $XXX
By leveraging data to offer personalized care, {Company name} could improve patient retention and capture in additional annual revenue.
Assumptions
According to industry reports, integrating comprehensive data on every patient can improve patient satisfaction by 15%, eliminating their need to fill out lengthy forms or recount their medication list or surgical history.1 Additionally, in a survey conducted in 2023, Health Gorilla’s customers reported higher patient retention rates attributed to superior, personalized care. Taken altogether, we assume that Health Gorilla could improve your user retention rates by 5%.
Inputs
Your annual user retention rate is 95%, and 5,000 users are subscribed to your service. Your monthly revenue per user is $120. By improving user retention by 5% of your current rate, your organization would generate a net new $20,000 annually.
Formula
95% retention rate × 5% improvement in retention rate × 5,000 users × $120 monthly revenue per user × 12 months in a year = $XXX
¹ Roham M, Gabrielyan AR, Archer NP. Predicting the impact of hospital health information technology adoption on patient satisfaction. Artif Intell Med. 2012;56(2):123-135. doi:10.1016/j.artmed.2012.08.001.
*Disclaimer: This tool and information provided is for discussion, planning and informational purposes only. Calculations are hypotheticals, estimates only and subject to change. Calculations are not promises or guarantees of revenue, outcomes, returns or other results, including as a use of Health Gorilla’s products and services. Actual results may vary from the estimates hereby provided. Health Gorilla is not responsible for the accuracy of any such calculations. You are solely responsible for use of any information generated using this tool.