Medical Economics September 29, 2023

How physicians benefit from standardized operating rules

With all of the innovations and transformations in health care over the past decade, one area where the industry made significant progress is largely overlooked: Streamlining business processes to ensure seamless patient care and engagement.

Health plans and providers now save $187 billion annually due to the efforts the industry has made over the past several years to automate and improve administrative transactions. This has been the result of collaboration, prioritization and intense focus – and has led to fewer burdens on providers, a better experience for patients and overall lower costs. But, despite this progress, much work remains.

The 2022 CAQH Index found that – by finishing the job and fully automating...

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Topics: Physician, Provider, RCM (Revenue Cycle Mgmt), Technology
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