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DB Technology Alleviates Headache from Endless Paper Trail with Automated Management and Reporting Solutions

Posted in Voices by PayStream Advisors on November 3rd, 2007

Interesting story regarding the enormity of the “paper problem.” For example:

It is estimated that there are more than 4 trillion documents just in the U.S. Corporate paper-based documents continue to grow at a whopping rate well over 100 percent. In the healthcare industry alone, analysts estimate that American hospitals leave between $20 and $25 billion dollars every year on the table in the form of payments they have earned but failed to collect. Health care costs continue to rise and the complexities of administering the process has, despite the best intentions, become more unwieldy. The paper pain that hospitals experience on a daily basis is monumental. It is real.

Definitely worth a notice!

read more | digg story

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