Americans spend $477 billion a year more on healthcare than other advanced countries. Medicalbillingandcoding.org has a great two part series of infographics (part one and two) that look at some of the truly absurd reasons your stitches cost $1,500.
Part one looks at where all the money goes. The first place to look is at our “routine” visits, which, when they’re compared to other wealthy nations, are much more expensive in the US:
And not only do we spend more than other countries – the US ranked last in overall quality of healthcare among surveyed nations. Part two delves into some of the myths and realities of why US healthcare is so expensive. Guess what? It’s not because we like to drink (hooray!), because we’re old, because we’re fat, or because we like to sue our doctors. The real reasons?
But the most important?
That’s right. One of the real reasons healthcare is so expensive is because we’re spending $500 per person on administrative overhead. You know what’s coming next, right? Of course Laserfiche has “an app for that”! Our customers have found some pretty creative ways to reduce their administrative overhead with Laserfiche:
Check out our new Website to learn how Laserfiche helps medical groups, hospitals and medical billing departments and companies reduce overhead expenses. Or check out our credentialing demo for a real-life example!
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