{"id":6784,"date":"2013-04-24T10:13:16","date_gmt":"2013-04-24T17:13:16","guid":{"rendered":"http:\/\/www.hcim.com\/?p=6784"},"modified":"2020-02-28T17:57:13","modified_gmt":"2020-02-28T17:57:13","slug":"ez-cap-clients-process-749-claims-per-hour-with-symkey-automation","status":"publish","type":"post","link":"https:\/\/www.varshabi.com\/HCIM\/2013\/04\/24\/ez-cap-clients-process-749-claims-per-hour-with-symkey-automation\/","title":{"rendered":"EZ-CAP Clients Process 749 Claims per Hour with SymKey Automation"},"content":{"rendered":"

\"Speedometer<\/a>The 2012 SymKey\u00ae<\/sup> for EZ-CAP\u00ae<\/sup> Productivity Stats are in and five of our clients are averaging over 1,000 claims per hour (CPH)! Overall, HCIM’s SymKey for EZ-CAP clients averaged 749 claims per hour last year. Now that’s smoking fast! Take a look at the 2012 SymKey for EZ-CAP productivity stats below. Highlighted Stats<\/a><\/p>\n\n\n\n\n\n
Overall Averaged 2012 SymKey for EZ-CAP Client Productivity Statistics<\/strong><\/span><\/td>\n<\/tr>\n
Members<\/strong><\/span><\/td>\nEZ-CAP
\nVersion<\/strong><\/span><\/td>\n		Claims<\/strong><\/span>
\n Touched<\/strong><\/span><\/td>\n		Completion<\/strong><\/span>
\n Rate<\/strong><\/span><\/td>\n		Claims\/<\/strong><\/span>
\n Hour<\/strong><\/span><\/td>\n		FTE<\/strong><\/span>
\n  Equivalent*<\/strong><\/span><\/td>\n		Salary<\/strong><\/span>
\n Equivalent*<\/strong><\/span><\/td>\n<\/tr>\n
61,886<\/strong><\/td>\nN\/A<\/strong><\/td>\n300,278<\/strong><\/td>\n71%<\/strong><\/td>\n749<\/strong><\/td>\n6.6<\/strong><\/td>\n$277,076<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
2012 SymKey for EZ-CAP Client Productivity Statistics<\/strong><\/span><\/td>\n<\/tr>\n
Members<\/strong><\/td>\nEZ-CAP
\n<\/strong>Version<\/strong><\/td>\n		Claims<\/strong>
\n Touched<\/strong><\/td>\n		Completion<\/strong>
\n Rate<\/strong><\/td>\n		Claims\/<\/strong>
\n Hour<\/strong><\/td>\n		FTE<\/strong>
\n Equivalent<\/strong><\/td>\n		Salary<\/strong>
\n Equivalent<\/strong><\/td>\n<\/tr>\n
6,200<\/strong><\/td>\n6.x<\/strong><\/td>\n4,818<\/strong><\/td>\n59%<\/strong><\/td>\n67<\/strong><\/td>\n0.5<\/strong><\/td>\n$22,298<\/strong><\/td>\n<\/tr>\n
This was a new client that only used SymKey for 3 months in 2012. The FTE\/Salary Equivalent was annualized.<\/em><\/td>\n<\/tr>\n
9,000<\/strong><\/td>\n5.x<\/strong><\/td>\n25,656<\/strong><\/td>\n20%<\/strong><\/td>\n746<\/strong><\/td>\n3.2<\/strong><\/td>\n$133,628<\/strong><\/td>\n<\/tr>\n
This was a new client that only used SymKey for 2 months in 2012. The FTE\/Salary Equivalent was annualized.<\/em><\/td>\n<\/tr>\n
10,000<\/strong><\/td>\n6.x<\/strong><\/td>\n15,305<\/strong><\/td>\n92%<\/strong><\/td>\n115<\/strong><\/td>\n0.8<\/strong><\/td>\n$31,875<\/strong><\/td>\n<\/tr>\n
This was a new client that only used SymKey for 5 months in 2012. The FTE\/Salary Equivalent was annualized.<\/em><\/td>\n<\/tr>\n
10,350<\/strong><\/td>\n5.x<\/strong><\/td>\n44,821<\/strong><\/td>\n54%<\/strong><\/td>\n185<\/strong><\/td>\n0.9<\/strong><\/td>\n$38,894<\/strong><\/td>\n<\/tr>\n
This client doubled their claims touched and increased their claims per hour speed by 131% over the prior year.<\/em><\/td>\n<\/tr>\n
11,900<\/strong><\/td>\n5.x<\/strong><\/td>\n9,506<\/strong><\/td>\n44%<\/strong><\/td>\n864<\/strong><\/td>\n0.8<\/strong><\/td>\n$32,996<\/strong><\/td>\n<\/tr>\n
This was a new client that only used SymKey for 3 months in 2012. The FTE\/Salary Equivalent was annualized.<\/em><\/td>\n<\/tr>\n
16,800<\/strong><\/td>\n5.x<\/strong><\/td>\n47,948<\/strong><\/td>\n75%<\/strong><\/td>\n146<\/strong><\/td>\n1.0<\/strong><\/td>\n$41,608<\/strong><\/td>\n<\/tr>\n
With half their 2011 membership, this client increased their claims touched by 24% over the prior year, with a 25% higher completion rate, and processed claims 36% faster.<\/em><\/td>\n<\/tr>\n
21,200<\/strong><\/td>\n5.x<\/strong><\/td>\n176,448<\/strong><\/td>\n85%<\/strong><\/td>\n3,151<\/strong><\/td>\n3.6<\/strong><\/td>\n$153,116<\/strong><\/td>\n<\/tr>\n
This client raised their claims per hour rate by almost 10% over the prior year.<\/em><\/td>\n<\/tr>\n
21,700<\/strong><\/td>\n5.x<\/strong><\/td>\n31,003<\/strong><\/td>\n85%<\/strong><\/td>\n1,240<\/strong><\/td>\n1.5<\/strong><\/td>\n$64,568<\/strong><\/td>\n<\/tr>\n
This was a new client that only used SymKey for 5 months in 2012. The FTE\/Salary Equivalent was annualized.<\/em><\/td>\n<\/tr>\n
25,000<\/strong><\/td>\n6.x<\/strong><\/td>\n209,981<\/strong><\/td>\n92%<\/strong><\/td>\n97<\/strong><\/td>\n5.8<\/strong><\/td>\n$242,953<\/strong><\/td>\n<\/tr>\n
This client increased SymKey usage by 182% over the prior year.<\/em><\/td>\n<\/tr>\n
40,000<\/strong><\/td>\n5.x<\/strong><\/td>\n531,080<\/strong><\/td>\n40%<\/strong><\/td>\n829<\/strong><\/td>\n11.0<\/strong><\/td>\n$460,855<\/strong><\/td>\n<\/tr>\n
This client increased their claims touched by 45% over the prior year.<\/em><\/td>\n<\/tr>\n
50,000<\/strong><\/td>\n5.x<\/strong><\/td>\n271,650<\/strong><\/td>\n79%<\/strong><\/td>\n1,113<\/strong><\/td>\n5.6<\/strong><\/td>\n$235,729<\/strong><\/td>\n<\/tr>\n
This client increased their claims per hour speed by 75% over the prior year.<\/em><\/td>\n<\/tr>\n
57,500<\/strong><\/td>\n5.x<\/strong><\/td>\n333,955<\/strong><\/td>\n67%<\/strong><\/td>\n994<\/strong><\/td>\n6.9<\/strong><\/td>\n$289,796<\/strong><\/td>\n<\/tr>\n
This client increased their claims per hour by 55% over the prior year and saved approximately $290,000 in payroll costs with SymKey.<\/em><\/td>\n<\/tr>\n
63,000<\/strong><\/td>\n5.x<\/strong><\/td>\n20,571<\/strong><\/td>\n41%<\/strong><\/td>\n818<\/strong><\/td>\n0.4<\/strong><\/td>\n$17,851<\/strong><\/td>\n<\/tr>\n
This client phased out their usage of EZ-CAP in 2012.<\/em><\/td>\n<\/tr>\n
65,000<\/strong><\/td>\n5.x<\/strong><\/td>\n3,000,858<\/strong><\/td>\n75%<\/strong><\/td>\n2,170<\/strong><\/td>\n62.0<\/strong><\/td>\n$2,604,050<\/strong><\/td>\n<\/tr>\n
This client doubled their claims per hour speed over the prior year.<\/em><\/td>\n<\/tr>\n
66,800<\/strong><\/td>\n6.x<\/strong><\/td>\n8,664<\/strong><\/td>\n27%<\/strong><\/td>\n149<\/strong><\/td>\n0.2<\/strong><\/td>\n$10,024<\/strong><\/td>\n<\/tr>\n
This client only uses the Virtual Auto-Post module.<\/em><\/td>\n<\/tr>\n
75,000<\/strong><\/td>\n6.x<\/strong><\/td>\n251,937<\/strong><\/td>\n73%<\/strong><\/td>\n110<\/strong><\/td>\n6.9<\/strong><\/td>\n$291,497<\/strong><\/td>\n<\/tr>\n
This client increased their claims per hour speed by 36% over the prior year.<\/em><\/td>\n<\/tr>\n
76,000<\/strong><\/td>\n5.x<\/strong><\/td>\n33,719<\/strong><\/td>\n84%<\/strong><\/td>\n1,054<\/strong><\/td>\n0.7<\/strong><\/td>\n$29,260<\/strong><\/td>\n<\/tr>\n
This client’s completion rate increased 16% over the prior year.<\/em><\/td>\n<\/tr>\n
106,000<\/strong><\/td>\n5.x<\/strong><\/td>\n262,355<\/strong><\/td>\n49%<\/strong><\/td>\n231<\/strong><\/td>\n5.4<\/strong><\/td>\n$227,663<\/strong><\/td>\n<\/tr>\n
This client increased their claims per hour speed by 55% over the prior year.<\/em><\/td>\n<\/tr>\n
130,000<\/strong><\/td>\n5.x<\/strong><\/td>\n248,890<\/strong><\/td>\n78%<\/strong><\/td>\n800<\/strong><\/td>\n5.1<\/strong><\/td>\n$215,979<\/strong><\/td>\n<\/tr>\n
This client increased their completion rate by 8% and their claims per hour increased by 20% over the prior year.<\/em><\/td>\n<\/tr>\n
139,000<\/strong><\/td>\n5.x<\/strong><\/td>\n154,690<\/strong><\/td>\n12%<\/strong><\/td>\n116<\/strong><\/td>\n3.2<\/strong><\/td>\n$134,235<\/strong><\/td>\n<\/tr>\n
This client increased their claims per hour speed by 36% over the prior year.<\/em><\/td>\n<\/tr>\n
299,150<\/strong><\/td>\n5.x<\/strong><\/td>\n621,966<\/strong><\/td>\n86%<\/strong><\/td>\n725<\/strong><\/td>\n12.9<\/strong><\/td>\n$539,723<\/strong><\/td>\n<\/tr>\n
This client lost a third of their membership, but increased their claims touched by 75%, which saved an additional 5.5 FTEs over the prior year.<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

*FTEs based on 150-200 claims\/day manually, payroll based on $42,000\/year salary.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The 2012 SymKey\u00ae for EZ-CAP\u00ae Productivity Stats are in and five of our clients are averaging over 1,000 claims per hour (CPH)! Overall, HCIM’s SymKey for EZ-CAP clients averaged 749 claims per hour last year. Now that’s smoking fast! Take a look at the 2012 SymKey for EZ-CAP productivity stats below. Highlighted Stats Overall Averaged 2012 SymKey […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,14],"tags":[],"class_list":["post-6784","post","type-post","status-publish","format-standard","hentry","category-healthcare-information-management","category-symkey"],"_links":{"self":[{"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/posts\/6784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/comments?post=6784"}],"version-history":[{"count":2,"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/posts\/6784\/revisions"}],"predecessor-version":[{"id":16804,"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/posts\/6784\/revisions\/16804"}],"wp:attachment":[{"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/media?parent=6784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/categories?post=6784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.varshabi.com\/HCIM\/wp-json\/wp\/v2\/tags?post=6784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}