Congressional spending plan: What’s in it for healthcare, and what isn’t
Chief Healthcare Executive December 21, 2024
How Large Language Models (LLMs) Will Revolutionize Healthcare Administration
MedCity News December 23, 2024
By automating repetitive tasks, improving accuracy, and enabling data-driven decisions, LLMs promise to optimize processes, reduce costs, and free healthcare systems to focus on strategic goals.
Between 1975 and 2010, healthcare saw a 3200% increase in healthcare administrators compared to 150% physician growth within that period, according to a 2017 study. Much of this change can be attributed to physician health system consolidation, changes in regulations, public reporting requirements, and the 2009 HITECH Act that led to the mass adoption of electronic medical records, which, rather than leading to healthcare workforce reduction, increased the need for administrative help.
The future of healthcare administration
The U.S. Bureau of Labor Statistics (BLS) projects a 32% growth in the employment of health administrators...
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