Edifecs, founded in 1996, focuses on interoperability and automation in workflows. Over the last 20 years, the healthcare industry has seen 90 to 95% automation, saving avoidable costs of about $150 billion, according to CEO Venkat Kavarthapu.

What’s next is the “second leap is automation” that will perhaps save tens of billions for the industry – an estimated $30 to $40 billion, he said.

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