Switch to electronic business apps could save healthcare $30 billion annually

by John on December 7, 2008

this from Telemedicine and E-Health News:

“The healthcare industry could save nearly $30 billion annually by switching from paper-based business processes to electronic ones, according to a new Healthcare Efficiency Index. The index, launched by Nashville-based revenue cycle management firm Emdeon, notes that the healthcare industry currently saves nearly $24 billion each year by using electronic data interchange for claims payment, claims remittance, claims status, claims submission and eligibility verification. But processing all transactions electronically would save the industry $53.3 billion, according to Emdeon Chief Executive Officer George Lazenby. “Healthcare is a human concern that touches all of us,” Lazenby said. “Every dollar spent on unnecessary administration is a dollar that cannot be spent on preventive care or covering an uninsured family. Think what we could do with $30 billion every year.” http://emdeon.mediaroom.com/index… and http://www.ushealthcareindex.com

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  • http://www.emrupdate.com/blogs/news/archive/2008/12/11/gleeman-s-daily-news-12-11.aspx Gleeman’s Daily News-12/11 – News – emrupdate.com

    [...] EHRs could save $30 Billion per year [...]

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