BulletActual Costs Method

Forms automation is a proven way to significantly reduce costs for your hospital. At the same time, by moving data to an electronic format you have a streamlined approach to EHR implementation.

  • Examine your current costs associated with forms and forms automation
  • Find out how little it will it cost you to automate and migrate from paper to electronic records
  • What is your expected ROI?
See how much money you can save and how quickly you will realize savings.

BulletYour Actual Costs:
How many staffed beds do you have at your facility  
Annual pre-printed forms costs  
Annual label costs  
Embosser machines cost
(depreciated 5-year straight line)
Annual embosser cards costs
Annual maintenance
Annual copy costs
Annual toner costs
Annual storage
Annual waste
Annual labor hours 
  rate 
 
   
 
 
  Year 1 Year 2 Year 3 Year 4 Year 5 TOTAL
Costs
Investment
Cumulative
Investment
Savings
Cumulative
Savings
ROI Percentage  
Email these Results
BulletWhat cost assumptions are part of this analysis?
  • Software pricing - Bottomline’s forms automation software pricing is based on the number of staffed beds at a facility - this is a one time cost
  • Services pricing - Services pricing is based on your needs; for the purposes of this analysis it is based on size using beds as a baseline - this is a one time cost
  • Annual maintenance - Bottomline’s forms automation annual maintenance is based on a percentage of software pricing - this is an annual cost
  • Hardware - Hardware costs are based on recommended system requirements to run Bottomline software - this is a one time cost.
 
 
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