Photos from Envato
AI solutions can cut costs and increase payer income.
McKinsey reports that healthcare payers lag behind the global average in digital maturity and other information-intensive industries with high user interaction.
For example, from 2018 to 2022, digital leaders in banking increased their use of digital sales channels by 30%, improved call center efficiency and increased TSR by 8.2%.
Meanwhile, the healthcare payer industry may benefit from digital transformation, with AI solutions able to reduce administrative costs by $150 million to $300 million, cut medical expenses by $380 million to $970 million, and increase revenue by $260 million to $124 million in payer revenue.
“A successful digital transformation of healthcare payers can greatly improve consumer and caregiver satisfaction, care quality and organizational efficiency,” the report said.
Join the Healthcare Asia Magazine Community
Since you're here…
…You can promote your company with us and connect with your customers in a variety of ways. Our team can help you Dight and create advertising campaigns on print and digitally on this website and on print magazines.
We can also organize real-life or digital events for you and find thought leader speakers and industry leaders who can become your potential partners to attend. We also run a number of award programs that give you the opportunity to earn your achievements this year and you can join as a participant or sponsor.
Let us help you move your business forward with a good partnership!
