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It’s time to start making administrative data interoperable

January 5, 2023

Payers and providers spend nearly $496 billion each year on billing and insurance-related costs. As the industry continues to gain momentum in clinical interoperability, it’s time to expand our view to include the value of another type of interoperability: The fluid and direct exchange of administrative data.

But how? An IT strategy leveraging blockchain technology and centralized data will ultimately enable administrative interoperability. Discover more insights on improving efficiencies and reducing costs for a better healthcare continuum in MedCity News.

Read more from MedCity News.