Catalyzing Competitive Advantage in Healthcare with Robotic Process Automation

Catalyzing Competitive Advantage in Healthcare with Robotic Process Automation

The headroom for improvement in healthcare is more than $500 billion. The future growth potential of the healthcare services and technology market is substantial. One of the most efficient technology solutions that could help create frictionless experience for healthcare providers is RPA (Robotic Process Automation). 

RPA helps organizations balance time and resources by automating repetitive processes, thereby making them faster, error free and more streamlined. Consequently, the employees can focus more on higher order tasks and deliver high quality patient experience.

Let’s have a look at a few statistics:

  • Half of the US healthcare providers will invest in RPA in the next three years, up from 5% today. The major driver behind it being cost optimization while streamlining operations and improving healthcare delivery.
  • Robotic process automation in healthcare will generate $350 billion and $410 billion in annual value by 2025.
  • With responses from over 400 individuals across many industries ,53% of respondents have already started their RPA journey. This is expected to increase to 72% in the next two years. If this continues at its current level, RPA will have achieved near-universal adoption within the next five years. RPA continues to meet and exceed expectations across multiple dimensions, including improved compliance (92%), improved quality/accuracy (90%), improved productivity (86%), cost reduction (59%).

We have put together a whitepaper that explains why healthcare organizations should embark on the journey of automation to accomplish cost advantage and better patient engagement.

Experience the benefits of RPA in the healthcare industry that can help save billions over the coming decade.

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