About this Infographic
Today's healthcare providers face unprecedented pressures to deliver high-quality patient care while at the same time, serve as stewards of profitable hospitals and practices. With the goal of maintaining clinical excellence as their top priority, the daily administrative demands of interacting with hundreds of payers and their individual payer portals, a lack of standards and transparency, and a lingering reliance on manual processes continues to plague healthcare practitioners and their staff.
This informative infographic provides information regarding:
- The average costs that practices spend per physician per year interacting with health plans
- Health care expenditures that were the result of administration
- The average US hospital spend on billing and administrative costs