Thursday, November 15, 2012

Reducing Administrative Costs and Improving the Health Care System — NEJM

Reducing Administrative Costs and Improving the Health Care System — NEJM: "The average U.S. physician spends 43 minutes a day interacting with health plans about payment, dealing with formularies, and obtaining authorizations for procedures.1 In addition, physicians' offices must hire coders, who spend their days translating clinical records into billing forms and submitting and monitoring reimbursements. The amount of time and money spent on administrative tasks is one of the most frustrating aspects of modern medicine."

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