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FlexCare Telehealth ROI Charts

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FlexCare Telehealth ROI Charts

  1. 1. TELEMEDICINE ROI Model Full Analysis Presented by: SAMPLE CLIENT
  2. 2. Enrollment Number of Eligible Employees 2507 Number of Members 4,968 PEPM Fee $6.99 Monthly Cost $17,524 Annual Cost $210,287 Office Visits Basic Care Plan Consumer Care Plan PPO Plan Total Number of Office Visits 1,837 10,097 796 12,730 Avg. Cost Per Office Visit $128 $126 $124 $126 Cost of Office Visits $233,100 $1,271,894 $990,79 $1,604,073 Absenteeism (Loss of Productivity) Visits by Employees Visits During Work Hours Avg. Hourly Wage Lost Hours of Work per Visit Cost of Absenteeism 6,580 75% $29.80 4 $588,252x x x = Urgent Care Visits Basic Care Plan Consumer Care Plan PPO Plan Total Number of UC Visits 125 535 37 697 Avg. Cost Per UC Visit $132 $138 $146 $137 Cost of UC Visits $16,506.46 $73,632 $5,431.22 $95,570 Emergency Room Visits Basic Care Plan Consumer Care Plan PPO Plan Total Number of ER Visits 78 428 40 546 Avg. Cost Per ER Visit $1,378 $893 $917 $964 Cost of ER Visits $107,497 $382,147 $36,660 $526,305 Cost of Healthcare and Absenteeism
  3. 3. Program Savings Total Cost of Healthcare and Absenteeism $2,814,200 $2,814,200 $2,814,200 Utilization1 20% 30% 50% Effectiveness2 91% 91% 91% Annual Savings $512,184 $768,277 $1,280,461 Cost of Telemedicine $210,287 $210,287 $210,287 Net Annual Savings $301,897 $557,989 $1,070,174 Return On Investment Telemedicine Utilization 20% 30% 50% ROI 144% 265% 509% Telemedicine Savings and ROI 1 Utilization refers to the % of the population that uses the benefit. 10% simply means that if you have 100 people with the benefit, there are 10 consultations with the doctor. 2 Effectiveness refers to how effective the call is in redirecting care. Effectiveness of our program: 91% of all calls are successfully treated.

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