HHS Says Billing Rule Will Cut Red Tape For Doctors, Save Up to $9B

Topics: Health IT, Health Costs

Aug 08, 2012

Officials say the interim rule, published Tuesday, will streamline electronic billing for doctors and save time and money.

CQ HealthBeat: HHS Says New Rule On Fund Transfers Will Cut Red Tape For Doctors
Doctors, hospitals and health insurance plans will be able to more smoothly coordinate electronic claims payments and adjustments under an interim final rule the Department of Health and Human Services announced Tuesday. HHS officials said that despite the proliferation of electronic payment transfers of funds throughout the business world, many doctor practices and hospitals continue to receive and deposit paper checks for paid claims from insurers and manually record the payments in their accounting systems. Making this into an electronic process will save money and administrative time, HHS officials said (Norman, 8/7).

The Hill: HHS: New Rules Will Save Up To $9 Billion
HHS said in a statement that the average doctor spends three weeks per year on billing and dealing with insurance companies. By streamlining those processes and making billing more efficient, HHS said, the new rules will save somewhere between $2.7 billion and $9 billion. “These new rules will cut red tape, save money and ensure doctors spend more time seeing patients and less time filling out forms,” HHS Secretary Kathleen Sebelius said in a statement (Baker, 8/7).

This is part of Kaiser Health News‘ Daily Report – a summary of health policy coverage from more than 300 news organizations. The full summary of the day’s news can be found here and you can sign up for e-mail subscriptions to the Daily Report here. In addition, our staff of reporters and correspondents file original stories each day, which you can find on our home page.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s