CostCheck Potential Savings Calculator
Use the savings calculator to easily estimate projected savings that you can achieve with CostCheck based on your Hospital / IDN Size and 2 simple inputs. The Savings Calculator draws its underlying metrics from the real-world savings of CostCheck Customers. By selecting your Hospital / IDN Size (Small, Medium, or Large) based on approximate drug spend, the calculator will be able to select the right reference customer group to provide you with the savings CostCheck can generate for you.
Average Monthly Value per Recommended Change:
Based on your selected Hospital / IDN Size, this is the average value of every completed Recommended Change for CostCheck customers of a similar size. The value shown is the hard dollar returned savings average a hospital of the selected size realizes each month.
Average Value per Overcharge Corrected:
Based on your selected Hospital / IDN Size, this is the average value of each net refund returned for CostCheck’s customers of a similar size. The value shown is the hard dollar net refund returned average for hospital of the selected size for each refunded amount.
New Potential Savings Generated per Month:
Based on the average monthly value of a Recommended Change and Overcharge Correction for a Hospital / IDN of your selected size and the number of recommendations you’ve indicated your team can complete each month, this is the Potential New Savings you will generate every month you are using CostCheck.
|Month||New Potential Savings
Generation per Month*
|Potential YTD Savings**|