That includes $6.7 billion in savings for healthcare providers and $1.4 billion for health plans each year. CAQH’s findings are based on an analysis of an extensive dataset concerning major administrative transactions, collected through the U.S. Healthcare Efficiency Index initiative. The data includes information from more than 1 billion health insurance claims and 3 billion transactions. CAQH, in collaboration with Milliman Inc., also surveyed healthcare providers and health plans about the costs of manual and automated transactions.
Read the full article on Becker’s Hospital Review.
