Today’s healthcare industry generates more than 8 billion transactions annually, resulting in £2 trillion worth of payments processed through a network of costly channels. Processing these transactions manually results in massive inefficiencies and high-financial write-offs, estimated to exceed £50 billion each year.

A healthcare provider’s back-office is typically buried in mountains of paperwork. Duplication is rampant, transactions can be routed between several intermediaries, payment to providers is often slow, the audit trail incomplete — and the cost to providers is staggering.

At BancTec, we know healthcare. Our decades of experience help you to remove the back-office burden with a strong line-up of superior business process solutions. Offering automated tools that are designed specifically for the healthcare industry, BancTec can provide solutions designed to:

• Improve efficiency and reduce costs
• Improve collections and increase yields
• Ensure compliancy adherence and audit trail provision
• Help to eliminate write-offs
• Enhance in-process claim visibility
• Improve provider/patient relationships