RPA 101: Applications of RPA in Healthcare Industry
Is RPA a strong sidekick to this multi-billion dollar industry? Can RPA in healthcare do wonders to revolutionize such an essential sector of the world’s economy? In this article, we delve into the power of RPA to transform healthcare operations and enhance business performance.
What is Robotic Process Automation (RPA)?
Robotic Process Automation (RPA) is a type of business process automation technology allowing organizations to emulate and integrate human interactions within digital systems for more efficient business processes.
“Using RPA tools, a company can configure software, or a “robot,” to capture and interpret applications for processing a transaction, manipulating data, triggering responses and communicating with other digital systems. RPA scenarios range from something as simple as generating an automatic response to an email to deploying thousands of bots, each programmed to automate jobs in an ERP system.”
Compared with traditional IT solutions, RPA enables organizations to automate processes at a fraction of the cost reductions in healthcare processes and time savings achieved through RPA previously required. The technology is also nonintrusive by nature, using an organization’s existing infrastructure without disturbing its essential systems.
What Is The Scope Of RPA In Healthcare?
Studies gauge that the healthcare industry collectively spends a dazzling $2.1 billion each year on poorly performed and error prone manual tasks around provider data management alone. Likewise, insurance companies spend somewhere between $6 million to $24 million annually to rectify poor provider data quality.
The healthcare industry faces numerous challenges, including rising costs, increasing regulatory pressures, and the need to improve patient outcomes. RPA in healthcare offers a healthcare solution to these challenges by automating tasks and streamlining workflows. Studies show that the healthcare industry spends billions of dollars each year on inefficient manual tasks. For instance, provider data management alone accounts for an estimated $2.1 billion in annual spending.
RPA in healthcare can address these inefficiencies by automating tasks such as:
- Provider data management: Maintaining accurate and up-to-date provider information.
- Claims processing: Automating the submission and processing of insurance claims.
- Billing and enrollment: Streamlining patient billing and enrollment processes.
- Customer support: Providing automated responses to common patient inquiries.
- Data management: Extracting, transforming, and loading data across various systems.
By automating these and other tasks, RPA in healthcare can significantly reduce costs, improved accuracy and efficiency in tasks, and enhance operational efficiency.
What Are The Benefits Of Implementing RPA In Healthcare?
1. Refreshing Personalized User Experience
In today’s consumer-centric world, patients expect personalized services, quick responses, and seamless experiences. RPA in healthcare can help deliver on these expectations by automating tasks and freeing up staff to focus on patient interactions. Bots can handle routine requests, provide instant information, and personalize services based on individual needs. This contributes to a better overall user experience within healthcare administration.
2. Reducing Critical Errors
Manual processes are prone to human error, which can have significant consequences in the healthcare industry. RPA in healthcare can reduce errors by automating tasks and ensuring consistent execution. This leads to improved data accuracy, reduced rework, and better patient outcomes.
3. Increasing Employee Satisfaction
By automating repetitive and mundane tasks, RPA in healthcare allows healthcare professionals to focus on more engaging and fulfilling work. This can lead to increased job satisfaction, increased patient satisfaction reduced burnout, and improved employee morale.
4. Increasing Member Satisfaction
RPA in healthcare can streamline patient-related activities, such as appointment scheduling, prescription refills, and claims processing, leading to improved patient satisfaction and loyalty.
What Are The Use Cases Of RPA In Healthcare?
1. Appointment Scheduling
RPA in healthcare can automate the scheduling and management of patient appointments, optimizing schedules, reducing wait times, and improving patient access to care. This is a valuable healthcare app idea that can significantly enhance patient experience and operational efficiency.
2. Account Settlement
On an average day, if a healthcare provider receives X number of patients, the hospital staff is expected to prepare the bills of all these patients. It can include doctor’s consultation, test fees, wardroom costing, and several other costs incurred by the different patients.
Now, compiling this information can still be hassle-free if we define X as 2. But, if X is a large amount, it is not possible to calibrate the financials without making errors. Once errors find their way into the system, it disrupts the flow of various activities.
Here, automation in healthcare can automate the billing process. Once the structure is programmed in the bot, it will be able to generate automated bills in line with the services offered to the customers. The accuracy will improve, and human errors will reduce to a great extent. Further, since there are fewer errors in the system, healthcare providers will be able to reduce payment delays and financial loopholes.
3. Claims Management
It is estimated that almost 91.2% or 294.6 million Americans have health insurance coverage or policies. The claims management of this policy becomes the responsibility of the healthcare provider, which includes processes such as data input, processing, evaluation, and dealing with appeals. The entire process, if handled manually or using a generic software often proves to be highly inefficient and error-prone. Additionally, more than 30-40% health insurance claims can be denied because of non-compliance of regulations.
RPA in healthcare can streamline insurance claims processing, reducing manual effort, minimizing errors, and ensuring compliance with regulations.
4. Discharge Instructions
RPA can automate the delivery of discharge instructions and medication reminders, improving patient adherence to post-treatment plans and reducing readmission rates. This can be integrated with IoT applications in healthcare to provide remote monitoring and personalized support to patients.
5. Audit Procedures
RPA can automate audit tasks, improving efficiency, reducing the risk of compliance issues, and freeing up auditors to focus on more complex analysis. This can be particularly helpful for healthcare analytics companies that need to process large volumes of data for audits and reporting.
6. Healthcare Cycles
RPA in healthcare can automate data capture and analysis, providing insights into patient health trends, treatment effectiveness, and resource utilization. This supports data-driven decision-making in healthcare.
7. Healthcare Workflows
RPA can streamline various healthcare workflows, such as case management, remote monitoring, and population health management, improving efficiency and coordination of care.
Intelligent Process Automation (IPA) in Healthcare
The future of RPA in healthcare lies in the integration of cognitive technologies, such as AI in healthcare and machine learning (ML), to create Intelligent Process Automation (IPA). IPA enables automation of more complex tasks and decision-making processes, opening up new possibilities for RPA in healthcare, such as:
- Personalized treatment plans: Using AI to analyze patient data and recommend personalized treatment plans.
- Predictive analytics: Forecasting patient needs and proactively addressing potential health issues.
- Clinical decision support: Providing real-time insights to assist healthcare professionals in making informed decisions.
Final Thought
At the heart of this connecting world, Savvycom is racing against time and innovation to deliver world-beating technological solutions to our valued clients. With our 10+ years of tech expertise, the endorsements from 100+ clients of 4 continents around the world and multiple successful partnerships with reputable global firms such as Apple, Amazon Web Services, Google Cloud, and IBM, we make serving our clients with the best services a promise.
Savvycom – Your Trusted Tech Partner!
We has over 25 years of experience using digital technology to assist businesses succeed across a variety of industries. Our high-quality technology advice, end-to-end product development, and software development consultation will help you optimize your business potential.
Savvycom is the solution you need. Contact us right away for further consultation:
- Phone: +84 24 3202 9222
- Hotline: +84 352 287 866 (VN)
- Email: [email protected]