Minneapolis-based UnitedHealth Group says better use of technology can take a bite out of nation's health care tab.
The report, issued by the company's Center for Health Reform and Modernization, says savings of $332 billion in national health expenditure could be realized over the next decade by streamlining administrative processes. The paper contends savings can accrue across entire health care system by modernizing the administrative and transactional aspects of health care. For example, over the next decade the report predicts broader use of automated swipe cards could save $18 billion, creation of a national payment accuracy clearinghouse could save $41 billion, and elimination of paper checks and paper remittance advice could save $109 billion.
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