The U.S. Department of Health and Human Services issued an short-term rule regarding information that insurers must give to healthcare providers. The Affordable Care Act’s paperwork-standardization requirements make sure that provider inquiries about patient eligibility and submitted health claims are answered.
This rule will estimate a savings of over $12 billion in the next 10 years for physicians, providers and insurance companies. It will allow for greater automation of healthcare administrative processes and save not only money, but the time that doctors could be spending with their patients.
Read the full story here on the Healthcare Finacial Management Association website.