The future of medical billing is being reshaped by workflow automation, a significant transformation for the healthcare industry. Nearly 80% of US medical bills contain errors. This results in a substantial loss in revenue. For a medical practice to be successful, it is important to have efficient billing processes.

Manual billing can lead to errors, delays, and denials. This affects the financial health of medical offices. Automation solutions are being used by healthcare practices to address these challenges and ensure the future of medical bills.

Adopting Automation to Secure the Future of Medical Billing

A study conducted by the American Medical Association found that administrative tasks such as billing and coding consume 41% of a doctor’s time. The majority of finance leaders believe that timely invoices are crucial to improving cash flow. Manual billing can be a challenge for medical … Read the rest