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The healthcare industry processes 30 billion transactions annually, at a total cost of more than $250 billion, according to PwC. Most of these transactions are processed manually. Increasingly, healthcare companies are turning to intelligent automation. The reason for the high expense? Improve quality.
Healthcare facilities and providers’ main job is to offer quality patient care. However, challenges with exchanging data between systems can hinder healthcare professionals’ ability to do so. According to The Pew Charitable Trusts and the Massachusetts eHealth Collaborative , most healthcare facilities have between 0.5
While roboticprocessautomation (RPA) has made significant strides by streamlining repetitive tasks, it’s safe to say it’s not perfect and often falls short when dealing with more complex and dynamic processes. This improves efficiency and reduces administrative costs. That’s a hefty amount.
How Does Automation Fit into Business Process Management? Automation takes business process management initiatives to the next level. optimize workflows, and gain valuable insights to enhance efficiency and reduce costs.
From healthcare and finance to retail and manufacturing, AI’s influence is far-reaching, offering unprecedented efficiencies, insights, and capabilities. This technological leap has ignited a global conversation about the future of work, particularly in sectors heavily reliant on human labor, like the outsourcing industry.
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