Posts tagged physician
Excess Administrative Costs Burden the U.S. Health Care System

As health care costs continue to rise, a logical starting point for potential savings is addressing waste. A 2010 report by the National Academy of Medicine (NAM) estimated that the United States spends about twice as much as necessary on BIR costs.2 That administrative excess currently amounts to $248 billion annually, according to CAP’s calculations.

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Podcast: Healthcare Regulations Lag in the Digital Transformation

In our interview, he argues that the technological divide between regulatory law and healthcare delivery are harming patients and providers. The problem extends to laws governing groups like the U.S. Food and Drug Administration — which Richman credits for doing the best it can to overcome this challenge — and nearly every corner of medicine.

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