Hospital/Health System Savings Calculation Tool

The following tool was designed to help Vizient representatives determine the savings opportunity for member hospitals & health systems. This simple calculator is based on the total number of employees and is meant to be a high-level calculation centered on industry standard assumptions.
For a typical dependent eligibility verification audit, Consova routinely identifies 5-8% of enrolled dependents (spouses & children) to be ineligible for coverage. For those organizations with a working spouse provision (spouse surcharge or exclusion), our Other Coverage Verification solution typically converts an additional 15-25% of enrolled spouses to the rule (above and beyond pre-audit participation).
Simply enter your desired values into the fields below to get the projected savings.
| Key Statistics | |
| Employees | |
| Employees Enrolled (assumes 90% of EE's) | 0 |
| Dependent-Covering Employees (assumes 70% of Enrollees) | 0 |
| Total Dependents (Spouses & Children) Enrolled (2:1 ratio) | 0 |
| Avg. Annual Cost /Dependent (National Average) | $ 0 |
| Working Spouse Provision | |
| Annual Fee/Cost Per Spouse/Domestic Partner | $ |
| Spouses/Domestic Partners (DPs) Enrolled | |
| Spouses/DP's Currently Participating in the Rule | |
| Spouses to be Reviewed | 0 |
| Projected Savings | ||
| Dependent Eligibility Verification | ||
| Ineligibles | Savings | |
| % | 0 | 0 |
| Other Coverage Verification | ||
| Converted | Savings | |
| % | 0 | 0 |
| Total Savings | $ 0 |
|
| Hospital's Net Profit Margin | % |
| Gross Revenues Needed to Achieve Same Result |
| $ 0 |
Additional Resources
Additional files for more information (click to open and save the file):
Children's Hospital Case Study
Vizient Prospect Information Request
Consova Vizient Savings Opportunity
Should you have any questions, please don't hesitate to reach out to our dedicated Vizient contact:
John Cratin
Senior Vice President
Phone: 215-351-5151
Email: john.cratin@consova.com
Corporate Office: 866-529-9107
