Sigmund Software, LLC

Sigmund Software ROI

See the real difference Sigmund has made:

Sigmund dramatically enhances the ability to:

• Increase collections in a shorter timeframe
• Free clinical staff from the bondage of paperwork so that they can spend more billable time treating more patients
• Save non revenue producing hours chasing required documentation and accessing records
• Reduce potential liability by providing a secure Electronic Medical Record that exceeds HIPAA, state and accreditation agency requirements

Following are examples from real world ROI studies that show how Sigmund saves time, money and makes compliance issues a snap.

Minimize Accounts Receivable

"The immediate financial impact has been phenomenal! We are able to collect more revenue in a shorter timeframe allowing us to do better planning and forecasting and invest in capital improvements sooner."
- Chief Financial Officer

Over a 9 year study, A/R balance averaged 74 days of sales before Sigmund and was reduced to 45 days of sales - effectively shortening the collection cycle by 29 days and improving the balance sheet.

Accounts Receivable as a percent of Revenue was reduced by 30% in first year. And on average 45% over the first 4 years after implementation.

You'll experience immediate improvement because Sigmund handles billing automatically, correctly and quickly. Claims go through on the first submission which leads to faster collection. To shift the balance from you're A/R ledger to your bank account - Sigmund is the answer for you!

Documentation Compliance Study

Nobody likes battling the paper demons, especially clinical personnel who prefer spending time with their patients. Our study showed that only 33% of all required reports and progress notes were submitted on time.

After Sigmund

Sigmund's tracking of required paperwork enables an instant assessment of the current documentation status. Sigmund's to-do list with automatic reminders 'nags' busy clinicians to complete their necessary paperwork. Our study found that 88% of all required paperwork was submitted on time with Sigmund. If you wish to maintain ongoing and real time survey readiness and wish to know exactly which files are complete and which are still missing a progress note or an assessment, then Sigmund is the answer for you!

Click to request a Sigmund™ Information Package or call 800-448-6975