The evolving healthcare landscape has seen a notable shift towards Ambulatory Surgical Centers (ASCs). This pivot has been primarily fueled by increased efficiency, cost-effectiveness, and a heightened focus on patient-centered care. And now, more than ever, ASCs are becoming the preferred venue for a growing list of services. Of course, that also means that the number of prior authorizations that ASCs must obtain has also increased. How do you keep operational expenses low when the administrative burden keeps growing? Prior authorization software helps you strike the right balance. More approved services yields more prior auth paperwork The first freestanding ambulatory… 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
