The American healthcare system burdens providers and patients with complex and tedious paperwork. Streamlined AI platforms can help bring this archaic system into the new age.
The American healthcare system, in addition to being the most expensive in the world, is also among the least efficient,
with billions of dollars spent on wasteful and outdated administrative processes. This issue contributes to ballooning hospital budgets, rising costs for providers and patients, and wasted time and resources for doctors and HCPs all over the country. As the healthcare system begins to crack beneath the pressure of a looming physician shortage and its own operational inefficiencies, it is now more important than ever to harness the power of advanced technologies, such as artificial intelligence (AI), in order to place American healthcare among the most advanced and innovative in the world.
The current healthcare system has been hampered by its inability to effectively adopt modern medical technologies in its administrative processes. Overregulation, for instance, has caused processes such as license renewals and credentialing to become months-long ordeals. These delays not only cost providers hundreds of thousands of dollars in monthly revenue loss but also contribute to the shortage of HCPs available for patients to see at any given time.
In addition to these administrative tasks being needlessly long and tedious, they are also complex and disjointed. Providers are required to navigate multiple platforms in order to manage, track, and monitor a host of different administrative processes. This leads to onboarding delays, credentialing, privileging issues, siloed data management, and makes the enrollment process more challenging to navigate, which, in turn, reduces the efficiency and efficacy of the services provided and increases costs to both the provider and patient.
“…it is now more important than ever
to harness the power of advanced technologies such as artificial intelligence (AI)…”
Making Healthcare Better
The American healthcare system is in dire need of an overhaul. The technology exists to address these shortcomings; they just need to be implemented in order to bring these overly complicated processes under one unified platform capable of optimizing and accelerating health system administration. By establishing a single, comprehensive network for provider management, providers will be able to onboard faster, acquire license verifications and renewals seamlessly, process payer applications and enrollments automatically, and create a centralized hub for provider data that increases workflow efficiency.
The adoption of these technologies will create a more streamlined healthcare administration network and allow doctors to spend more time with their patients and less time buried in paperwork. This is just one of many paths we must take in healthcare to ensure that the industry, as a whole, is able to advance into the modern era and provide higher-quality care for the American people. After all, there are no profound paths or strategies. It is through the simplification of understanding and processes that we are able to achieve profound results.
