CAQH has released the ninth annual report measuring the progress healthcare payers and providers are making to use electronic business processes.
Now is the time to register for the 2021 CAQH Index webinar! The 2021 CAQH Index is unique as it measures adoption, volume and cost savings during a national pandemic — COVID-19 — an unprecedented event that significantly impacted the healthcare industry and its administrative functions.
To sign up for the 2021 CAQH Index webinar click here.
Now is the time to register for the 2021 CAQH Index webinar!
The 2021 CAQH Index is unique as it measures adoption, volume and cost savings during a national pandemic — COVID-19 — an unprecedented event that significantly impacted the healthcare industry and its administrative functions. Join the CAQH Index team on Wednesday, February 9th to learn about:
Explore CAQH thought leadership below to learn about cost saving opportunities for the healthcare industry.
|
|
The cost of manual healthcare administrative activities continues to be a burden for plans, providers and vendors, but the industry has also made progress in a number of areas. Join the CAQH Index team on Wednesday, February 10th to learn about:
The cost of manual healthcare administrative activities continues to be a burden for plans, providers and vendors, but the industry has also made progress in a number of areas.
Presentation Resources
Of the many business transactions measured in the 2018 CAQH Index, claims status inquiries offer the healthcare system the greatest per-transaction opportunity for cost savings. Despite fewer claim status inquiries occurring overall compared to the prior year, a significant savings opportunity remains because the transaction is highly inefficient when not conducted electronically.
The latest CAQH Index report shows that the healthcare industry continues to make progress toward automating business processes as the number of transactions increases. The sixth annual CAQH Index, released earlier this month, is the industry standard for tracking health plan and provider adoption of fully electronic administrative transactions. The report provides insights into how the business of healthcare is changing, calls for greater industry collaboration and identifies opportunities for cost savings. Major takeaways include:
The healthcare industry has made moderate progress in the adoption of electronic business transactions, but significant savings potential remains for healthcare providers and health plans, according to the 2017 CAQH Index released on June 14th. The fifth annual CAQH Index measures adoption, costs and provider labor time associated with the most common administrative transactions conducted between health plans and providers.
CAQH will be co-hosting a Twitter chat with Don Lee, the Executive Producer of the #HCBiz Show, on "The Cost Savings Opportunities on the Business Side of Healthcare." Join the conversation on Twitter by following the hashtag #hitsm.
Topics for this week’s #HITsm Chat:
T1: #Healthcare administrative costs have been projected to reach $315 billion by this year. What are some of the sources of these excessive admin costs? #hitsm
T2: Why is it important to track progress related to admin costs? #hitsm
