WASHINGTON, Jan. 9 (UPI) -- Healthcare reform standards for electronic funds transfers and how health providers determine a patient's eligibility will save billions, officials say.
Kathleen Sebelius, secretary of the U.S. Department of Health and Human Services, said the funds transfer standards, required by the Affordable Care Act, will reduce administrative costs for doctors and hospitals, private health plans, states and other government health plans, by as much as $4.5 billion off in the next 10 years.