Healthcare Cost Savings Using Electronic Data Interchange
CAQH, a nonprofit alliance, is the leader in creating shared initiatives to streamline the business of health care. The 2019 CAQH Index shows that the average cost to conduct transactions manually is higher than the cost of electronic transactions for care providers and health plans. Providers can use the CAQH Index Savings Calculator to estimate potential cost and time savings for an organization.
Below is an excerpt from Table 1 in the 2019 CAQH Index. It shows the average cost and savings opportunity, per transaction, for health plans and care providers, related to manual and electronic transactions.
The CAQH Index was created as an industry-wide resource for tracking the transition from a paper-and phone-based system to an electronically-enabled system.
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