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Is your practice losing money?

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Is your practice losing money?

Inefficient workflows aren’t just a waste of time. They’re also a waste of money. 

Things like phone tag can lead to lost revenue, lost appointments, and more. In fact, studies show that practices lose $50,000 on average every year because of busywork. 

But what does this mean for your practice?

If your staff spends a lot of time on the phone, processing paperwork, and/or making patients wait, it’s safe to say you’re losing revenue.

To help you understand your practice’s efficiency levels and potential revenue losses, check out the following tools we’ve created for you. They’ll let you calculate just how much money you’re leaving on the table — plus, how to get it back.

Phone Tag Calculator

How much is phone tag costing your practice? Klara studies show that practices spend three hours per staff per day on phone tag. How much does this translate to in lost revenue?

Use our phone tag calculator to find out today.

Lost Appointments Calculator

A single patient no-show costs physicians $200 on average — a loss that can quickly add up as more and more patients miss (or never schedule) their appointments.. So what’s the impact of lost appointments on your practice?

Use our lost appointments calculator to find out just how much you’re losing when patients no-show, why they might be missing appointments, and how you can get the lost revenue — and these patients — back.

Next Steps

Klara is committed to helping you improve patient communication, optimize the patient experience, and increase revenue. As we continue building tools to help you understand your practice’s efficiency, we’ll add them to this post — so check back for updates and learn more about Klara in the meantime.

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Simon Lorenz, Ph.D., Co-Founder, Klara

Coming from a family of doctors, Simon was destined to become a doctor too but became intrigued instead by the business and services side of healthcare. He decided to join one of the leading management consulting companies in Germany, working to improve efficiency and performance in healthcare as well as in other industries. In parallel, he wrote his Ph.D. thesis on performance optimization in hospitals, which was later published as a book. In 2013, he and Simon Bolz founded Klara with the mission to transform communication in healthcare, so every patient can receive great care.

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