Physicians Practice August 1, 2023
The burden of health-care administration has put doctors and small medical groups at a disadvantage compared with larger players and insurance companies.
Doctors are mired in administrative tasks.
One of every five dollars of U.S. gross domestic product, or $4 trillion, ends up in the health-care industry. And a quarter of that is spent on administration, with half of the $1 trillion devoted to complex billing processes.
It’s not only receptionists and back-office workers who are sucked into the whirlwind of so-called medical admin. Doctors spend up to 20 hours a week on paperwork, often taking as much time to document patient visits as they do caring for patients.
The burden of health-care administration has put doctors and small medical...
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