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Article: Study Results Show CAQH CORE Certification Dramatically Cuts Administrative Costs, Accelerates I.T. Adoption by Providers and Health Plans.
- Article from:
- PR Newswire
- Article date:
- June 2, 2009
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Industry-wide Implementation Could Yield $3 Billion of Savings in Three Years
WASHINGTON, June 2 /PRNewswire/ -- CAQH(R) announced today that a study of results achieved by health care providers and health plans using the Phase I rules of its Committee on Operating Rules for Information Exchange(R) (CORE) showed dramatic cost savings, accelerated use of real-time electronic transactions, improved claims verifications and reduced claims denials.
The findings confirm the value of using national standards for streamlined administrative data exchange as a key component of creating a national ehealth solution, which is a priority of the $20 billion in ...