In early April, HealthDay reporter Dennis Thompson wrote, “Much has been made of burnout among doctors and nurses, but a new survey has found high rates of work fatigue in nearly every type of job associated with healthcare.” His comments refer to a recently published report in the Journal of General Internal Medicine. The report found similar burnout rates among all healthcare workers: 47% of physicians 56% of nurses 54% of clinical staff 46% of non-clinical staff One of the biggest reasons? Prior authorization. Fortunately, that’s a solvable problem with the help of prior authorization software. First, let’s look at… Read entire article here
No industry escapes administrative spending, but the healthcare industry encounters more than its fair share. Writing in Forbes, Bipartisan Policy Center Senior Fellow and Former Senate Majority Leader Bill Frist notes, “Estimates attribute 15 – 30 percent of total national health spending to administration, with at least half of that spending demonstrated to be ineffective or wasteful. That means as much as $300 - $600 billion is wasted each year.” Tackling inefficiencies in your processes—like over-processing prior authorization submissions—can certainly cut down on waste. That’s where prior authorization software can help. But first, let’s look at why it happens. A… Read entire article here
Between 2000 and 2018, the use of biomarkers in oncology clinical trials grew from 15% to 55%, for good reason. The use of biomarkers in cancer care enables personalized treatment options, revolutionizing the way oncologists diagnose and treat cancer patients. Biomarkers can help identify the most effective therapies for individual patients. Despite the proven benefits of biomarker testing, however, many cancer patients still face barriers to accessing this essential tool due to prior authorization. By automating the prior authorization process, oncologists can expedite personalized cancer care, increasing the chances of successful outcomes and reducing unnecessary treatments. Prior authorization creates roadblocks… Read entire article here
April 18, 2023
News Flash: Myndshft Prior Authorization Software Part of Newly Launched Google Cloud Claims Acceleration Suite
by Susan Lawson-Dawson | News
As the Healthcare Information and Management Systems Society (HIMSS) 2023 Global Health Conference & Exhibition kicked off yesterday, Myndshft announced a collaborative solution with Google Cloud to streamline prior authorization submission and status monitoring. End-to-end prior authorization automation The new Google Cloud Claims Acceleration Suite leverages Myndshft to enable quick and seamless submission of prior authorization requests. Myndshft supports near real-time benefits verification, including an accurate calculation of out-of-pocket costs using healthcare providers’ contracted rates and patients’ exact benefits; pre-check of prior authorization requests for errors, missing information, and medical necessity; submission through the health plan’s preferred submission path; and… Read entire article here
