RPA in Healthcare: The Areas for Automation
Healthcare providers and payers aspire to control rising costs and improve financial stability while maintaining staff levels and providing quality patient care. Since 2020, There has been significant revenue loss from cancelled services due to COVID-19, as well as increased costs due to the need for other unprecedented needs. The American Hospital Association estimates a total four-month financial impact of $202.6 billion in losses
RPA cannot account for all cost-savings, but understanding the potential impact of implementing an automation platform across health systems can significantly the jump start of providers and payers bottom line. From conversations with users, most organizations report seeing an ROI in months, if not weeks, after implementing an automation solution. As improvements continue to be made to the technology, and employees are reallocated to play more critical roles in organizations, robotic process automation can fill that gap to allow employees to focus on what really matters.