Mobile Specimen Collection ROI Calculator

Calculate your return on investment for a mobile barcode specimen collection solution.

Could specimen collection errors be costing more than you think?

Use this calculator to estimate potential risk, redraw costs, and financial impact. Download the PDF or use the calculator below.

Note: The downloadable PDF requires Adobe Acrobat Reader to function. If you do not have Acrobat, use the web-based calculator below instead.

MobiLab Specimen ROI Calculator Download Form

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Interactive ROI Calculator

Calculate Your Specimen Collection ROI

Enter a few details about your annual specimen volume, collection workflow, and labor costs to estimate potential redraw savings and financial impact.

Number of specimens collected per year(Required)

Number of staff on collection team(Required)

Average hours worked per shift(Required)

Average number of collections per shift(Required)

Average phlebotomist's hourly wage(Required)

Name(Required)

First Last

Email(Required)

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Mislabeled Specimens

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Potential Adverse Effects

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Litigated Adverse Events

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Potential Settlement Risk

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Labor Cost Per Collection

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Yearly Labor Cost

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Equipment Cost Per Collection

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Yearly Equipment Cost

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Labor + Equipment Cost Per Collection

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Total Yearly Labor + Equipment Cost

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Total Yearly Redraw Cost

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Total Annual Financial Impact

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Year 1 Impact

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Year 3 Impact

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Year 5 Impact

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Adverse Draws Avoided 0

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Potential Redraws Saved 0

$

Redraws Cost Savings $0

Estimated Annual Impact

Total Financial Opportunity

$0

Based on your annual collection volume, estimated redraw costs, and potential adverse event exposure.

Financial Impact Accumulation Over Time

Estimated impact if no process changes are made.

Year 1

$0

Year 3

$0

Year 5

$0

Assumptions used in this calculator based on conservative industry averages:

Average mislabeled specimens: 6%
Mislabeled specimens leading to adverse effects: 5%
Adverse effects that go to litigation: 0.5%
Estimated settlement value: $50,000
Equipment cost per collection: $4.51

Disclaimer: This ROI analysis is provided for informational and illustrative purposes only and does not constitute financial, legal, tax, accounting, clinical, or other professional advice. All figures, assumptions, benchmarks, and projections are estimates and may not reflect actual results. Outcomes, savings, and return on investment will vary based on organizational, operational, and market-specific factors.