Medical Economics August 16, 2025
‘Precedents thinking’ and what other businesses have to teach health care about cutting administrative burdens.
How could health care leaders resolve the administrative burdens that are crushing in the U.S. health care system? There are two places to start. Health insurance administration is an analog process that needs to be digitized, and no one is in charge of the transactions. Kevin Schulman, MD, MBA, an internal medicine physician and professor of medicine at Stanford University, explains more.
Medical Economics: For those not familiar with the term, can you explain what is “precedents thinking?”
Kevin Schulman, MD, MBA: We’re pretty comfortable, we understand why administrative costs are so high, what the problem is. At its core, we took an analog business...
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