A Compelling Return On Investment
CuePath Home Care Partners can offer Remote Medication Management, that generates a monthly recurring revenue stream. This service is completely outsourced to CuePath, so it does not burden your personnel or financial resources.
CuePath can reduce the attrition of non-adherent clients by keeping them healthy for an additional 2 – 6 months.
CuePath data can provide valuable insights into a client’s support needs, and consequently justify the need for additional services or care hours.
Return on Investment Scenario:
|New revenue stream: 100 Clients subscribed to the Remote Medication Management (@$100/mo)||$120,000 / year|
|Reduced attrition: 75% of Clients (75/100) extend their services an additional 6 months (average rev. per client: $900/mo)||$405,000|
|Upsell opportunity: 20 % Clients (20/100) contract for 4 add’l care hours / week (@$25/hr)||$100,800 / year|
|Cost for 100 Clients||$84,000 / year|
|TOTAL ROI||$136,800 / year + $405,000 in compounding revenue starting in year-2|
A CuePath Home Care Agency Partner can earn a healthy ROI and help improve their clients lives at the same time.