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  1. TOPIC: Business Process Improvement, Industry Solutions

    5 Ways Document Capture Can Improve Healthcare Administration

    by Chelsea Bawab - November 30, 2015

    Reduce costs, eliminate manual tasks and improve care quality with PSIGEN

    Healthcare administration is a costly business. According to a study by Health Affairs, administrative costs make up roughly 25% of total hospital expenditures—or around $200 billion—in the US, and that number is increasing. What’s more disheartening is that the high administrative costs don’t correlate to better quality healthcare—meaning this money is more of an unnecessary waste than an investment in good healthcare. The American Medical Association (AMA) estimates that a majority of doctors still use paper to request insurance authorization for procedures and referrals, and 83% still use traditional fax machines to do so.

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