Description: Paying medical bills is as inefficient as it was 15 years ago, and the cost is high

Source: Bloomberg.com

Date: June 10, 2015

Link: http://www.bloomberg.com/news/articles/2015-06-10/why-america-s-2-9-trillion-medical-industry-still-runs-on-paper-payments

Questions for Discussions:

• Why is management of the medical industry slow to adopt electronic payment technologies?
• How can this problem be solved by way of incentives or penalties?