Turnover Quiz

How much money could you save by going paperless?

Claims management is an important job in healthcare. When done manually, it requires a significant amount of administrative work, which can be quite costly. Take our quiz to see for yourself how making the switch from manual to paperless claims can save you both time and money.

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A recent CAQH Index® report estimates that 10 percent of U.S. health expenditures are due to administrative complexities that could be eliminated without compromising care.

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With approximately $8.5 billion going to medical providers’ manual transactions, there’s a huge potential for savings with automation.

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Medical providers could save $9.8 billion dollars annually with complete adoption of electronic administrative transactions, according to the CAQH Index® report.

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An average of 10 minutes to manually process each eligibility and verification transaction can quickly add up to hours spent on this one task every day.

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It takes provider staff an average of 16 minutes to complete a manual prior authorization. Completing it electronically shaves off 7 minutes for each transaction.

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You could save $27.31 for each patient encounter by making the switch to paperless transactions – a definite boost to the bottom line over time!

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