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Save With Electronic Transactions

Lower your costs and save time

Electronic transactions can save you time. They also cost less than manual ones. The table below shows the cost savings for each of seven common transactions.

Transaction type

Manual cost Electronic cost
Cost savings per
Cost savings for 150
Precertification requests $10.26 $3.64 $6.62 $993.00
Eligibility & benefits verification $5.83 $0.82 $5.01 $751.50
Claim status inquiry $9.37 $1.10 $8.27 $1240.50
Claim remittance advice $3.96 $0.94 $3.02 $453.00
Claim submission $2.52 $1.19 $1.33 $199.50
Claim payment $3.18 $1.19 $1.99 $298.50
Attachments $5.10 $1.50 $3.60 $540.00

Savings estimates are based on the 2020 CAQH Index® Closing the Gap: The Industry Continues to Improve, But Opportunities for Automation Remain. View the report

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