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What does it cost physician practices to interact with health insurance plans?

 |  By HealthLeaders Media Staff  
   May 14, 2009

Physicians spend three hours per week—or 43 minutes on average per workday—interacting with health insurance plans about authorization, formulary, claims/billing, credentialing, contracting, and quality data, according to a new study in Health Affairs. That averages out to a cost of about $68,000 per physician per year, the study found.

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