A Compelling Return On Investment
CuePath Home Care Partners can offer a CuePath-enabled Medication Reminder Service, that generates a monthly recurring revenue stream. This new service can be 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 Medication Reminder Service||$96,000 / year|
|Reduced attrition: 80% Clients extend their services an additional 6 months||$432,000 (average revenue per client: $900/mo)|
|Upsell opportunity: 20 % Clients contract for 4 additional care hours / week||$145,152 / year|
|Cost for 100 Clients||$74,400 / year|
|TOTAL ROI||$166,752 / year + $432,000 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.