case studies
This Michigan clinic was one of our first ever clients! And a decade later they’re still getting these results from Boost. This is an example of one of their worker’s compensation patients. Before using Boost, they were getting just $85.00 per visit. After Boost they’re receiving $158.23 per visit. That’s an increase of $73.23 per visit! And it’s not just for workers’ compensation. Boost also work with MVA (auto accident) patients. Before using Boost, they were receiving $93.00 per visit, once the PPO discounts were applied. After Boost, they receive $227.50 per visit! In this case, they have a patient who comes three times a week from a catastrophic car accident. An increase of $134.50 per visit with three visits per week really adds up quickly!
Workers’ Compensation Reimbursement BEFORE using Boost: $85.00
Workers’ Compensation Reimbursement AFTER using Boost: $158.23
That’s an increase of 86% or $73.23 PER VISIT
MVA (Auto Accident) Reimbursement BEFORE using Boost: $93.00
MVA (Auto Accident) Reimbursement AFTER using Boost: $227.50
That’s an increase of 144% or $134.50 PER VISIT
Good things are happening with our client in North Carolina. After taking a deep dive into their reimbursements, their workers’ compensation bills were being repriced to $70. By sending the bill to Boost for processing, they now receive $124.04 for the same units and codes billed. That’s a 77% increase adding $54.04 of reimbursement per visit. For them, this adds up to be over $100,000 of extra revenue per year.
Workers’ Compensation Reimbursement BEFORE using Boost: $70.00
Workers’ Compensation Reimbursement AFTER using Boost: $124.04
That’s an increase of 77% or $54.04 PER VISIT
This central Florida physical therapy clinic had been open for over a decade. They considered themselves successful. Their therapists had full schedules. Patients were happy and getting better. BUT their revenue just wasn’t where they wanted it. A big part of that was because of low reimbursement for their workers’ compensation patients. Although they didn’t know they were in any networks and had not opted in to any PPO discounts, they still got them. After everyone took a cut, they were left with a flat rate of $60 per visit for workers’ compensation patients. Good news…After sending the bills to Boost, they received $122.50 per visit for the same treatment, same patient. That more than doubled their reimbursement. In the end, Boost has ADDED over $80,000 per year in reimbursement revenue.
Workers’ Compensation Reimbursement BEFORE using Boost: $60.00
Workers’ Compensation Reimbursement AFTER using Boost: $122.50
That’s an increase of 104% or $62.50 PER VISIT
One of our clients in Pennsylvania with multiple clinics was struggling to keep the lights on, due to their high volume of workers’ compensation patients and the low reimbursement. Before using Boost, they were getting less than $74 per visit. After using Boost, their reimbursement jumped to over $140. This is a 90% increase that adds $66.64 reimbursement per visit.
Workers’ Compensation Reimbursement BEFORE using Boost: $74.00
Workers’ Compensation Reimbursement AFTER using Boost: $140.00
That’s an increase of 90% or $66.64 PER VISIT