It’s estimated that simplifying healthcare administration could save the industry $250 million. Unfortunately, the industry is plagued by a lingering old-school, siloed approach that traps data, made worse by antiquated systems that can’t work together to handle growing complexity. To fix the problem, the industry needs to embrace an all-in-one, administration-specific data management platform (DMP).
Madaket CEO Eric Demers writes in MedCityNews why automation is a realistic and meaningful way to reduce care costs by making it easier for payers and providers to complete administrative work and reign in administrative waste—a feat that, with buy-in to DMPs from entities throughout the industry, would spark a sea change to drive down spending. Read more in MedCityNews.