Healthcare Revenue Calculator

It’s a tool that helps estimate your total healthcare practice revenue based on key factors like average service charges, patient volume, other income sources, and expenses.

It estimates your total revenue, including income from patient services, other income sources like lab fees, and subtracts your total expenses.

Average charge per service (ACPS)
Number of services rendered (NOS)
Other income sources (OIS)
Total deductions (TD)

No, currently, it doesn’t account for individual insurance variations. But you can adjust ACPS to reflect an average considering your patient mix.

Not directly, but you can factor in an average collection rate for co-pays and adjust OIS accordingly.

Yes, by entering the relevant data for the desired period (e.g., monthly, quarterly).

Currently, it doesn’t directly handle variable/fixed costs. However, you can factor them into your TD figure for a broader picture.

Yes, by adjusting the ACPS value and recalculating, you can estimate the potential revenue change with different pricing strategies.

Imagine you charge an average of $100 per service and provide 50 services in a month. Additionally, you generate $10,000 in other income sources, but have $3,000 in total deductions.

Using the calculator, you would enter:

ACPS: $100
NOS: 50
OIS: $10,000
TD: $3,000
The calculator would then calculate your TR:

TR = ($100 * 50) + ($10,000 – $3,000)

TR = $5,000 + $7,000

TR = $12,000

This example shows that your estimated total revenue for the month is $12,000.