In today’s world we have advancements in reusable rockets make returning to the moon a reality, more electric cars on the highways with improved lithium batteries designs, new financial technologies that allow for simple banking activities from anywhere and medical therapies to improve our lives daily. Yet as we near 2021, hospitals still overwhelmingly rely on manually processing paper from patients, doctors, and insurance companies. While the types of documents that need to be addressed in this paper channel is large, prior authorizations, referrals, healthcare assessment forms, and explanation of benefits are the most common document types that arrive in paper form.
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