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How paper is ruining your plan

Published
  • April 01 2012, 1:00am EDT

In the information age, perhaps the only system left that hasn't gone completely digital or to the cloud is health care. Even insurance companies, who warehouse massive amounts of data, rarely share it with other insurance companies when an employee moves from one job to the next. And for patients to gain access to their own heath records, which largely are maintained on paper, they have to go through a lengthy process - on paper.

Although the paper-driven world is changing - experts predict massive changes in the way health care is delivered and paid for in the next 10 years - digital advances will come at a cost to taxpayers, hospitals, physicians and employers. However, the light at the end of the tunnel is massive cost savings. In 2010, annual net savings to the health care sector for implementing these systems was around $80 billion.

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