The cost of billing and health insurance-related (BIR) paperwork in the U.S health care system is estimated at $471 billion, approximately 17% of the total $2.7 trillion United States National Health Expenditure in 2012.  BIR activities include functions related to interacting with payers, such as filing claims, obtaining prior authorizations, and managed care administration. BIR activities did not include clinically necessary tasks, such as patient scheduling or writing chart notes.
The 2012 total National Health Expenditure of $2.7 trillion includes two main expenditure categories, health consumption expenditures and investment, as follows:

$2.548 trillion for total . . .

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The Cost Of Billing & Health Insurance Paperwork In U.S. Health Care System Estimated At $471 Billion

The cost of billing and health insurance-related (BIR) paperwork in the U.S health care system is estimated at $471 billion, approximately 17% of the total $2.7 trillion United States National Health Expenditure in 2012.  BIR activities include functions related to interacting with payers, such as filing claims, obtaining prior authorizations, and managed care administration. BIR activities did not include clinically necessary tasks, such as patient scheduling or writing chart notes.
The 2012 total National Health Expenditure of $2.7 trillion includes two main expenditure categories, health consumption expenditures and investment, as follows:

$2.548 trillion for total . . .

Want To Read More? Log In Or Become A Paid Member
Resource Available For Paid OPEN MINDS Circle Members Only
Not a paid member? Don't miss out! Sign up today and receive unlimited organizational access to all OPEN MINDS strategic advice, market intelligence, and management best practices – over 250,000 resources!
If you are already a paid member, log in to your account to access this resource and more. If you are a free member, you will need to upgrade to a paid membership before accessing this resource.

If you are not yet a paid member, learn more about the OPEN MINDS Circle Market Intelligence Service Membership on our website, reach out to our team at info@openminds.com, or call us at 877-350-6463.