McKinsey October 20, 2021
This report is part of the series on the Productivity Imperative in US Healthcare Delivery. Read further analysis of administrative simplification in JAMA: The Journal of the American Medical Association.
Every organization or large-scale system needs a base of administrative functions to run. As these functions adopt new technologies and innovations, spending typically drops and quality improves. Consider payment processing, which is faster and cheaper than ever, or signing up for a new mortgage, for...