November 21, 2022
Talking Turkey: How Prior Authorization Software Satisfies Everyone at the Table
by Susan Lawson-Dawson | Prior Authorization
Traditions reign supreme this week. Sharing Thanksgiving dinner with family and friends. Shopping your way through Black Friday, Small Business Saturday, and Cyber Monday. Volunteering and donating on Giving Tuesday. But in healthcare, there’s a tradition in desperate need of an update: manual prior authorization. No need to go through the laundry list of prior auth problems. After all, you experience them every day. Instead, let’s look at how prior authorization software automates the process and how it benefits providers, payers, and patients alike. Prior Auth Software Handles the Heavy Lifting Compare the typical prior authorization process with an automated… Read entire article here
“Rising demand for centralization and streamlining of healthcare administration is also anticipated to drive the market for electronic health records,” writes Grand View Research in its market analysis on EHR solutions. Healthcare revenue cycle providers face a similarly rosy picture for market growth. But the potential for growth also means increased competition. Integrating prior authorization software in your platform could be a force multiplier for your business. Why? Take a look in our eBook: The Build vs. Buy Decision or read on for a sneak peak at some of the topics covered. . Your Customers Want & Need It Prior… Read entire article here
After months of media buzz, one of the most anticipated superhero movies of 2022 hit theaters over the weekend—and by all accounts delivered a heroic performance at the box office. It got us thinking. How can healthcare providers apply superhero traits to beat prior authorization challenges? Staffing & Financial Impact of Delays & Denials In a November report and infographic, the American Hospital Association states, “Inappropriate prior authorization and payment denials result in significant disruption for hospitals and health systems, challenging their ability to continue caring for their communities.” The survey of 772 hospitals and health systems reveals the burdens… Read entire article here
The pressures healthcare providers face haven’t eased up this year. Northern Arizona Healthcare CFO Clifford F. Loader told HealthLeaders in July that “The after-effects of the pandemic—such as a general shortage of healthcare providers such as doctors and nurses, and continuing inflation in the pricing of medical supplies and pharmaceuticals—are ongoing. With no further funds anticipated, the healthcare industry is facing adverse financial impacts." Is it any wonder that many healthcare providers are looking for ways to stabilize their revenue cycles. Prior authorization software can help, especially when it comes to getting reimbursed (by payers and patients). Lack of patient… Read entire article here
