The U.S. healthcare system spent $60 billion on administrative tasks last year, which is about $18 billion more than it spent in 2021, according to a new report from the Council for Affordable Quality Healthcare (CAQH).
There are a couple reasons that the U.S. healthcare spend on administrative tasks increased so much last year, according to the report. The first is Americans’ increased utilization of healthcare services — many patients who deferred care throughout the pandemic began returning to their providers in 2022. The second reason is healthcare’s workforce shortage, MedCity News reports. Read more.
