View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
July 12, 2009

Health IT Could Save Government $540bn, Report Says

The US could save up to $540bn in health spending over the next decade by adopting healthcare information technology across all administrative and transactional processes of healthcare, according to a new report. The healthcare sector should adopt common technology and information sta

By cms admin

The US could save up to $540bn in health spending over the next decade by adopting healthcare information technology across all administrative and transactional processes of healthcare, according to a new report.

The healthcare sector should adopt common technology and information standards with better interoperability and connectivity, according to the UnitedHealth Group report ‘Health Care Cost Containment – How Technology Can Cut Red Tape and Simplify Health Care Administration’.

The report suggests the use of automated cards by hospitals to validate patient eligibility and benefits, integration of electronic medical records and personal health records, as well as the elimination of paper cheques and remittance advice.

The report also proposes a national clearinghouse for accurate payments and streamlined provider credentialing, privileging and quality designation processes.

In spite of the country’s $2.6t spend on healthcare, too few people had access to high-quality care, the report said.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Get important industry news and analysis sent to your inbox
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Hospital Management