### Numbers at a glance

## $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

#### the breakdown

### **{Company name}** may be able to capture **$152,600** 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 **$163,200** 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. 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 **$226,200** 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. 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**

### By leveraging comprehensive patient data to improve outcomes, your organization may be able to increase value-based revenue by **$XXX**.
### 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**

### By automating medical record retrieval, **{Company name}** may be able to create significant time savings for providers, generating net new **$XXX**.
### 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, 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 enabling providers to spend more time with patients, your organization may be able to increase retention, resulting in **$XXX**  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.
