OmniMD - Physician Empowered OmniMD - Request Information or dial 914.332.5590
OmniMD Electronic Medical Records Software, PMS, Medical Transcription, Medical Billing, EMR Software, Medical Document Management for Clinical Practices in United States OmniMD Electronic Medical Records Software, PMS, Medical Transcription, Medical Billing, EMR Software, Medical Document Management for Clinical Practices in United States
  OmniMD - EMR and PM System   OmniMD Home > ROI Calculator

Return On Investment Calculator emr



Total OmniMD™ suite @ $500/month/Provider


Financial Benefits Calculator

Change These Values to Match Your Practice

Days Worked Per Year Calculator

Practice Configuration (Multipliers)
Days worked per week:   Number of Providers:
Weeks worked per year: X Number of Managers:
Days worked per year =   Number of Staff Members:
  Number of Office Locations:
  Total Number of workstations:
  (all desks and exm rms across all locations)
 

Patient Volume Calculator

    
Patients seen per provider per day: X patients seen per year
New patients seen per provider per day: X new patients seen per year -
established patients seen per year


Decreased Expenses (A)

Expense Description Count Multiplier $/yr
  Paper chart materials (new pt.) $    per new pt per new pt 1680 new patients 8 0
  Paper chart materials (est pt.) $    per est pt per visit 6720 est. patients 8    0
  Pulling & filing $    (1hr/d at $15/hr) 240 work days 8    0
  Reduced office space (exm rm) $    ($/sq ft) ($/sq ft) (sq ft) 2    0
  Reduced office space (rcrd rm) $    ($/sq ft) (sq ft) 2    0
  Reduced transcription cost $    ($/yr) %reduction 8 0
  Reduced staffing needs $    ($10/h at 2000 hr/yr) %reduction 8 0
  Total +

Increased Revenues (B)

Revenue Count Multiplier $/yr
  Better coding $ (per visit; 1 visit per day) 0 days 8
  Increased Patient Volume $ (per visit; 1 more visit per day) 0 days 8   
  Total +

Learning Time Cost (C)


(opportunity cost of office personel's time - year 1 only)		 Time Configuring System (hrs) Time Training Staff (hrs) Group Data Input Time (hrs) EMR Transition (hrs) Total Time (per person) Value of time ($/hr) Number of People Totals
  Providers $ 8   
  Managers $ 4
  Staff $ 30
  Total

Setup and Hardware Costs (D) (one time)

Cost Multiplier $/yr
  OmniMD Online Setup Fee $ 1,000.00 8
  Training/ website etc etc $ 2
  Computers/ pam $ 40
  Networking Equipment ( Router etc.) $ 2
  Total

Subscription Costs (E)

Cost Multiplier $/yr
  OmniMD Online Subscription/Hosting ($500/m) $ 6,000.00 8
  High-Speed Internet Subscription ($50/m) $ 2
  Total

  YEAR 1 INCREASE IN PROFITS (A + B - C - D - E) +

  YEAR 2 INCREASE IN PROFITS (A + B - E) +

OmniMD EMR - Top of Page
OmniMD EMR - Products
Overview
Patient Portal
Appointment Scheduler
Eligibility Verification
Patient Reminder
Specialty EMR
ePrescribing (eRx)
Medical Transcription
Charge Capture
PM / Billing System
Lab Order Integration
Document Management
Referral Management
Medical Calculators
Why OmniMD? - EMR that physicians all over the world use
Learn why physicians all over the
world use and recommend OmniMD™.
OmniMD EMR Software Overview

 Products Overview
OmniMD EMR Online Demo

 View Online Demo
Schedule a demo of OmniMD EMR
OmniMD EMR - Client Testimonials
EMR and PMS - Client Testimonials   more    
OmniMD EMR - Case Studies
ISO 9001 Certification OmniMD - EMR - HIPAA Compliant OmniMD - SureScripts® Certified for Electronic Prescription Microsoft Certified   Thawte Secure Site
OmniMD EMR - Sitemap Security & Privacy
Home | Company | Products | Services | Support | Why OmniMD™ | News | Stimulus Package | Contact | Sitemap | Security & Privacy
OmniMD™ EMR (Electronic Medical Records) and OmniMD™ PMS (Practice Management System).
Copyright © 2000- .OmniMD™. All Rights Reserved. OmniMD™ is a trademark of ISM, Inc. | Resources