Aprima pays for itself—then pays you.
Beyond its ability to help you provide quality healthcare, Aprima software enables practices to cut costs and increase revenue—often dramatically. In the example of Dr. Owen O'Neill's Minnesota Orthopaedic Specialists, transcription costs were completely eliminated, wiping an annual $130,000 expense off the books. Courier costs were also reduced by 50 percent, from $12,000 to $6,000 annually.
That's just one example of the type of cost cutting that is repeating itself in practices across the country. But Aprima actually increases revenue, as well:
- Evidence has shown that a typical physician undercodes in fear of audit. By coding correctly and completely, Aprima typically raises revenue 5% to 9%. This would mean an additional $25,000 annually to a physician billing $500,000 a year.
- Aprima efficiency increases additional revenue per patient 1% to 2% by connecting health maintenance reminders to the front-end schedule (hemoglobin A1C, Pap smears, PSA, etc.). That's another $5,000 or more annually to the physician billing $500,000 a year.
- Aprima's built-in PQRI rules make it simple to earn the 1.5% Medicare bonus. Depending on your percentage of Medicare patients, this capability likely adds thousands of dollars to your bottom line.
- Aprima's automation and efficiency results in less time on non-billable tasks and more time for patients.
For a physician billing $500,000 a year, increases would add up to approximately $30,000 annually. Even a physician billing $300,000 would increase revenue by approximately $18,000.
These are hard dollars that deliver a return on your investment in less than one year. And Aprima will continue to provide this same additional revenue in years to come.
Potential tax savings.
With Section 179 expense deductions from income tax, the IRS effectively picks up one-third of the cost of Aprima hardware and software—$6,000 or more.
Aprima saves every day, in every way.
Beyond increased revenue, Aprima can reduce or completely eliminate many expenses, particularly those incurred spending time performing inefficient tasks:
- Looking for lost charts
- Refining wrong information such as drivers license or insurance cards
- Completing charts after hours
Aprima saves your practice significant costs in other ways as well:
- Paper, printing and copying physical charts, superbills, lab reports and other documents
- Transcription costs
- Real estate/storage space for charts
What could your practice do with the space, time and headcount presently devoted to files, filing and pulling charts? Imagine what you could do with the time you currently spend on tedious paperwork. Aprima could prove to be the single most cost-effective measure your practice has ever undertaken.
Take the Next Step
Contact us today to see how DSI can streamline your practice.
