Did you know that 25% of health care expenditures in the United States are due to administrative overhead? The most common causes for these extra costs are due to errors capturing or killing in patient intake information. Wrong information can lead to incorrect bills to patients, and can sometimes even lead to fraud cases. Luckily, there are new systems that medical offices can use in order to increase their accuracy with patient insurance information.
Automated insurance capture is the solution to curb inaccuracy with medical administrative tasks. Manual intake is inefficient and introduces human error, and it can take extra time between calling payers and visiting insurance websites. Automated processes reduce the chances for human error, and information can be collected and verified in a matter of seconds. This means that medical administrative staff can spend more time on their other tasks rather than fixing problems that are caused by incorrect insurance capture.
Digital insurance capture is also beneficial for patients. With automated insurance capture and verification, patients receive accurate prices for their medical services. In fact, 75% of patients believe accurate cost models improve their ability to pay for treatments. Accurate price models can also help enable better decision making overall in patients. Learn more about the benefits of insurance card scan through digital insurance capture in the infographic below: