Healthcare IT News - June 2008 - (Page 5)

More than ½ of all healthcare spending is waste.* Where is Yours? Wasteful spending in the healthcare industry has been calculated at up to $1.2 trillion per year nationally.* A significant portion of that is the result of inefficient administrative and business processes that add costs without creating any value. It shouldn’t be that way. OnBase manages documents and automates processes throughout the revenue cycle—driving waste from your operations that cause delays in A/R and reduce cash flow. From paperless registration thru automating denials management and secondary billing, OnBase streamlines your inefficient processes. And since it integrates with all of your core applications, users have immediate access to information across your healthcare enterprise – improving customer service and facilitating compliance initiatives such as Joint Commission and RAC audits. So do what should be done with waste and get rid of it. To find out how to make a difference – visit OnBase.com/Healthcare * The price of excess: Identifying waste in healthcare spending. PricewaterhouseCoopers Health Research Institute ©2008 Hyland Software, Inc. “OnBase, a Hyland Software solution” and “Time to make a difference.” are registered trademarks of Hyland Software, Inc. e ● Connect: hyland 0608 OnBase.com/Healthcare

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Healthcare IT News - June 2008

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