White Papers
Payers Need a Cure for Their Paper Dependency.
More than $2 trillion is spent every year in the United States on health care, a substantial percentage of it in administrative overhead caused by handling paper-based claims and payments.
Processing paper-based payments causes a variety of problems. Administrative costs are high for the delivery of paper checks—the average cost of mailing a check and provider remittance advice (PRA) is between $0.50 and $1.50.
Payers can reap substantial benefits by moving to an electronic remittance and reimbursement solution. This white paper examines the payback that payers can achieve from the OptumHealthSM Electronic Payments and Statements Solution.
The following pages describe the OptumHealth Electronic Payments and Statements Solution and its business impact, and offer return on investment (ROI) business cases for three typical payer scenarios: a large, a medium-sized, and a small payer. These scenarios were developed to help payers gain an understanding of the efficiencies the OptumHealth Electronic Payments and Statements Solution provides. Although the actual results seen by any individual payer may vary, these are good starting points for gaining an understanding of the kinds of savings payers can obtain.
Download the complete Cure Paper Dependency White Paper.
>> Cure Paper Dependency WhitePaper.pdf
