Affordable Care Act Fact of the Day – Reducing Paperwork and Administrative Costs

Heath care remains one of the few industries that relies on paper records. The new law will institute a series of changes to standardize billing and requires health plans to begin adopting an implementing rules for secure, confidential, electronic exchange of health information.  Using electronic health records will reduce paperwork and administrative burdens, cut costs, reduce medical errors and most importantly, improve the quality of care. First regulation effective October 1, 2012.

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