Could streamlining medical billing save $7 billion a year?

Wall Street Journal Health Blog, April 30, 2010
A study by a team from Massachusetts General Hospital and its physicians organization examined the time and costs associated with the third-party billing system used in the U.S. and calculated that streamlining its typical administrative inefficiencies could save four hours per week for doctors, five hours for support staff, and a total of $7 billion per year. The analysis looked at a large, multi-specialty group of doctors that uses the typical fee-for-service model.

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