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 a 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 is 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%), and 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.