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How Manual Administrative Tasks Between Providers and Payers Slow Healthcare Down
September 9, 2019By 2020, healthcare spending by the United States is projected to reach almost 20% of GDP, making the U.S. the largest healthcare spender of any nation in the world.
While curbing healthcare spending is a herculean task, the 2017 CAQH Index estimated that shifting from manual to electronic transactions between healthcare providers and healthcare payers could save the industry $9.4 billion annually.