Explore the value of HST’s Financial Clearance

Input your information below to discover the impact HST can make on your facility.

Current State
HST
Benefit
Eligibility & Verification (E&B)

Average Salary of staff (full burden)

Hourly rate (calculated)

How many cases do you do per month?

How many minutes do you spend on E&B?

How many times do you perform E&B per case?

Monthly hours spent on E&B

x hourly rate

Monthly E&B labor costs
Annual hours spent on E&B
Annual E&B labor costs
Current State
HST
Benefit
Estimate Calculation

Average Salary of staff (full burden)

Hourly rate (calculated)

How many cases do you do per month?

How many minutes does it take to calculate each patient estimate?

Monthly hours spent on estimate calculations

x hourly rate

Monthly labor costs spent on estimate calculations
Annual hours spent on estimate calculations
Annual labor costs spent on estimate calculations
Current State
HST
Benefit
Refunds and Invoicing (Under Collection)

Average Salary of staff (full burden)

Hourly rate (calculated)

How many cases do you do per month?

What percent of your cases needed refunds/invoicing?

How many minutes do you spend issuing refunds/invoices per day?

Monthly hours spent on refunds/invoices

x hourly rate

Monthly labor costs spent on refunds/invoices
Annual hours spent on refunds/invoicing
Annual labor costs spent on refunds/invoicing
Current State
HST
Benefit
Invoicing for Under Collection

How many cases are under collected per month?

What is the average amount under collected?

Monthly amount of collections at risk

What is your collection rate?

Monthly amount of under collections
Annual amount of under collections
Current State
HST
Benefit
Insurance Write-off

How much do you write-off annually because of lapsed insurance?

Annual Savings
Do you do ophthalmology cases and upsell more expensive lenses?
Monthly software cost

How many operating rooms & procedure rooms do you have?

Monthly cost

ROI Summary

Annual
Labor Hours Saved
$ Saved

Eligibility & Verification (E&B)

Estimate generation and accuracy

Refunds and Invoicing (Under Collection)

Total Labor Savings

Invoicing for Under Collection

Write-offs as a result of lapsed insurance

Total quantified benefit
Annual software cost
ROI
Download PDF