|
|
Article: Health Care Administration Consumes Nearly One-Third of Health Care Costs, Say Hospitals and Insurance Companies.
- Article from:
- PR Newswire
- Article date:
- March 20, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
-Nationwide survey finds patients want increased efficiency, greater transparency-
PITTSBURGH, March 20 /PRNewswire-FirstCall/ -- Administration associated with health care claims and billing accounts for nearly one out of every three dollars that patients spend on health care, according to a nationwide survey of executives from hospitals and insurance companies.
In contrast, more than three-quarters (76 percent) of the U.S. consumers surveyed said they think that health care administration should account for just 10 percent or less of total health care costs, with a large majority indicating they would be "highly upset" if those administrative costs ...