CAQH January, 2019
The latest CAQH Index report shows that the healthcare industry continues to make progress toward automating business processes as the number of transactions increases. The sixth annual CAQH Index, released earlier this month, is the industry standard for tracking health plan and provider adoption of fully electronic administrative transactions. The report provides insights into how the business of healthcare is changing, calls for greater industry collaboration and identifies opportunities for cost savings. Major takeaways include:
The adoption of electronic transactions improved for most transactions.
Both the medical and dental industry saw substantial improvements in the adoption of electronic transactions, increasing as much as six percentage points by the medical industry and four percentage points by the dental industry.
The dental...