ROI Calculator

Get an estimate of potential savings you can expect when implementing the Virsys12 suite of provider lifecycle management solutions. Utilized by the most innovative providers and payers, the Virsys12 PLM solutions generate quantifiable benefits, such as enhanced ROI, increased scale, and reduced time to market.

On average, how many working days does it typically take to complete the onboarding / credentialing and contracting process for your organization?

What is the average case load of a provider onboarding specialist. For example how many different providers are they assisting through the process at any given time?

What is the average case load of a crendentialing specialist at any given time?

What is the average case load of a contracting specialist at any given time?

How many estimated provider individuals do you complete the entire process for onboarding / credential / recredential / contracting each year?

How many estimated provider organizations do you complete the entire process for onboarding / credential / recredential / contract each year?

How many total employees are on your provider onboarding / credentialing / contracting / data management team?

How many employees are on your provider roster and provider data management team (including roster processing)?


SaaS Management- ROI Calculator

Number of Employees

500

Total Applications

810

Annual Employee Turnover (%)

8

Annual Software Spend ($)

1111807

Total Savings (Cost Avoidance)

$1,740,666

Total Days Saved

38

     Download the report to see your
     total savings and total days saved

Transform Your Provider Network


  • Implement Results in as Quickly as 90 days

      • Lower Administrative Costs

          • Deprecate Existing Antiquated Technology

              • Increase Interdepartmental Collaboration

                  • Increase Provider Directory Accuracy

                      • Elevate Real-Time Analytic Reporting

                          • Increase Provider Satisfaction

Disclaimer: The calculations are based on Virsys12's experience with customers and industry benchmarks, and may not reflect your organization's unique results. Calculator powered by ROI-Calc

Your return on investment

9.53x

Total Savings

$614,093

Observability
  • Redundant Services

    $191,020

  • Un(der)utilized Services

    $118,093

Optimization
  • Overpriced Vendors

    $163,249

Automation
  • Vendor & Renewal Management

    $28,427

  • Employee Onboarding

    $22,851

  • Employee Offboarding

    $90,454

Transforming the Business of Healthcare

Save Double Digit Workdays

Virsys12 removes the bottlenecks that disconnected databases and manual processes can create when it comes to sharing, tracking, and reporting on data. We estimate you will save double digit workdays per year and the increased visibility to the data means managers can monitor provider activities and issues in real time.

Significant Savings Annually

Virsys12 provides excellent Provider Lifecycle Management by organizing provider data real-time to ensure the most accurate and up to date provider directory data. We eliminate costly mistakes and manual effort and provide you access to all credentialing, contracting and payment term information on your providers in real-time.

Time Saved with Automation

Virsys12 manages the complex many-to-many relationships involved in the provider application process. Provider and payer organizations are continually challenged to collaborate and complete the necessary applications and steps required in a way that is efficient and scalable. You can remove about 50% of the time you use now.

Number of birthright applications

Number of employees onboarded every month

Time spent per app/employee for onboarding by IT Teams (minutes)

IT Team cost/hour($)

Employee Onboarding

RoiCalc provides one-click onboarding automation, which simplifies the user onboarding process and makes employees productive from day one. Additionally, the AI engine that powers onboarding automation provides administrators with intelligence on the applications and channels that users need to access.

31.25h >

Time saved on employee onboarding per month

$1875

Cost saved on employee onboarding per month

Total onboarding savings in a year

  • Total time saved in hours

    375h

  • Total cost saved in dollars

    $22.5k

Intangible Benefits

Improve Employee Satisfaction
Improve Employee Satisfaction

With Virsys12, employees always have access to the tools they need to do their job. RoiCalc also makes it easy—for employees to request new tools and for the IT team to resolve them quickly—so they need not wait for weeks.

Increase Employee Productivity
Increase Employee Productivity

RoiCalc helps you improve employees' productivity. With the app usage data, you get insight into who are the power users and who might be facing issues. Then, you can provide the necessary training to those who require it.

Stay Compliant
Stay Compliant

RoiCalc enables you to identify apps that don't comply with your compliance policy and get rid of them. It means, if you want all the apps to be SOC 2 compliant, you will get an alert as soon as an employee signs up for an app that isn't.

Number of Employees

How frequently will you conduct access reviews per year?

Time spent in conducting access reviews in days

Your return on investment

3.88x

  • Man Hours Saved per year

    1408h

  • Total Cost Savings Per Year in Dollars

    $138000