Stop letting revenue leak away from your practice.
According to a recent study, every year the average direct primary care practice sees a churn (loss) of 20% of their patient population. For an average 2.5 doctor practice with a practice patient panel of 2,000, this is a loss of 400 patients.
At an average of $70 per month per patient, this represents a loss of $336,000 per year. Here's what those numbers look like with a panel size of 2,000 and fees ranging from $70 - $110 per month:
| Per Member Per Month Fee | Estimated Annual Loss |
|---|---|
| $70.00 | ($336,000) |
| $80.00 | ($384,000) |
| $90.00 | ($432,000) |
| $100.00 | ($480,000) |
| $110.00 | ($528,000) |
However, using the C3LX Patient Engagement solution, if you reduce your patient churn to 10%, your practice could save $168,000 per year…
| Per Member Per Month Fee | Cost Savings from Decreased Churn |
|---|---|
| $70.00 | $168,000 |
| $80.00 | $192,000 |
| $90.00 | $216,000 |
| $100.00 | $240,000 |
| $110.00 | $264,000 |
Can C3LX really improve patient retention that much? Well, consider this: Retention on the C3LX platform (measured as patients still using the platform after 9 months) is 100%.
And here's some even better news:
For a typical 2.5 doctor DPC practice to break even on the C3LX platform investment, you would only need your churn rate to decrease by 2.5 percentage points, or 50 patients a year. If they’re using the platform, your patients are more engaged with their healthcare, more engaged with you, and more likely to stay in your practice.
C3LX - The Next Evolution of Patient Engagement. Learn How the C3LX Platform Could Benefit Your Organization
Join us for a brief preview of the C3LX Patient Engagement platform and learn how we can help you improve patient outcomes - and prove it with detailed evidence.
- Increase patient engagement levels
- More effectively reach at-risk populations
- Improve patient retention and adherence to care plans
- Generate more actionable data to guide evolving provider-patient relationships
Ready to build on the loyalty to your practice with the patients you already have? Request a demo using the form on this page.