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Hospital Savings through a Variety of Information Technologies

Most medical records are still stored on paper, which makes them difficult to use to coordinate care, measure quality, or reduce medical errors. Processing paper claims also costs twice as much as processing electronic claims. The Obama Administration is calling for the investment of $10 billion a year over the next five years to move the U.S. health care system to broad adoption of standards-based electronic health information systems.

One program assisting hospitals around the country is National Payment Corporation’s EZStub. This electronic pay stub solution helps hospitals avoid the costs associated with printing, distributing and providing paper pay stubs to hospital employees.

Fauquier Health System routinely faced two unenviable tasks. Not only did they have to print and mail over 900 paper pay stubs each pay period, but they were also routinely asked to retrieve old pay stubs for employees who hadn’t kept their records.

“We knew that the cost to generate and mail our pay stubs would increase as we continued to grow,” explained Donna Dewey, Fauquier’s Supervisor of AP Payroll. “We wanted to eliminate pay stub processing time, reduce mail costs, and provide our employees with flexibility and added benefits.” EZStub was the answer.

Payroll administrators save time and effort because employees are able to obtain current and past pay stub information on their own with EZStub’s online self-serve features. Message fields are provided right alongside employees’ pay stubs. Communications can be sent to specific employees or to everyone.

What does the future hold? A study by the Rand Corporation found that if most hospitals and doctors offices adopted electronic health records, up to $77 billion of savings would be realized each year through improvements such as reduced hospital stays, avoidance of duplicative and unnecessary testing, more appropriate drug utilization and other efficiencies.

One pay stub at a time, EZStub is well on the way to finding the cure for the growth of the paper work cancer invading health care today.

For more information about how hospitals are saving money with paperless pay stubs and online statements, visit www.hospitalstubs.com.