ROI calculator for healthcare organizations

Oct 24 2009

ColdSpark^TM, a BakBone Software^® company (OTCBB: BKBO), and leader in next-generation enterprise messaging infrastructure, today announced the availability of a return on investment (ROI) calculator on their Web site.

The calculator will help healthcare organizations quantify their savings in traditional print and postage delivery of member notifications, statements and kits when they deploy ColdSpark’s paperless healthcare solution. As organizations continue to struggle with rising operational costs and downsized budgets, ColdSpark’s ROI calculator offers an opportunity for business managers to pinpoint and track how and where their savings will occur.

The calculator will allow businesses, specifically healthcare payors and providers, to approximate their print, postage and personnel savings with ColdSpark’s solution down to a granular level. Users will be able to estimate how much they can save in each department to help reduce operational costs.

ColdSpark’s Automated Paperless Solution for Healthcare:

• Reduces operational costs associated with printed communications
• Supports PHI, HIPAA and other compliance requirements
• Improves the timeliness of member and partner communications
• Integrates with existing print and mail workflow and systems
• Can potentially show an ROI in less than 12 months

“In our current economy, it is important that companies see the quick ROI on their investments and how they can reduce their operational costs,” said Scott Brown, senior vice president and general manager, ColdSpark. “With an easy-to-use ROI calculator, we help our customers identify where they can potentially reduce costs with our solution by 20 to 40% and how much they can save in the long run.”