GE Healthcare and Accenture are in a venture to change how the healthcare industry processes medical claims.
- “Outdated technology is responsible for about $2 billion in lost revenue to U.S. healthcare providers, GE Healthcare suggested.
- “The pair plan to use their combined consulting businesses and analytics expertise to help providers save an average of 25 percent to 50 percent of their current costs to re-process denied claims, which GE Healthcare billed as ‘one of the largest areas of lost revenue in the U.S. healthcare system.”’
The venture aims to assist a wide range of providers by showing how claims management affects financial performance and then having GE-Accenture follow up by redesigning workflows and financial operations.
