What is the purpose of submitting claims electronically?

Submitting claims electronically primarily aims to facilitate faster reimbursement for healthcare services provided. This method streamlines the claims process, allowing for quicker transmission of information directly to insurance companies, thus reducing the time it takes for practitioners to receive payment. With electronic claims, the entire workflow from submission to approval is expedited, which enhances cash flow for healthcare providers.

Other advantages related to electronic claims submissions include reducing paperwork and minimizing errors, but the most significant impact of electronic claims is the acceleration of reimbursement timelines. While these factors contribute to a more efficient process and can indirectly lead to faster reimbursement, the direct and central purpose remains the speed at which claims are processed and paid. Higher claim amounts are not inherently influenced by the method of submission, making them less relevant in this context.