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June 30, 2009

Technology Can Save $332bn for US Health System, says Report

The US healthcare system can save $332bn over the next decade through better use of technology to streamline administrative processes, according to a new report. The report by UnitedHealth Group's Center for Health Reform and Modernization said that there were practical ways of deployi

By cms admin

The US healthcare system can save $332bn over the next decade through better use of technology to streamline administrative processes, according to a new report.

The report by UnitedHealth Group’s Center for Health Reform and Modernization said that there were practical ways of deploying technology across the healthcare system that would result in savings for patients, physicians, hospitals and insurers.

Standardised use of automated swipe cards could save up to $18bn and termination of paper cheques and paper remittance advice could save $109bn, the report said.

The report also said establishment of a national payment accuracy clearinghouse to address payment issues could save about $41bn over a decade.

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