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
October 24, 2022
Success Starts Here: Empower Your Physical Therapy Staff with Prior Authorization Software
by Susan Lawson-Dawson | Prior Authorization
You can’t escape news about the hiring headaches plaguing healthcare. Even before the pandemic’s disruption, experts were predicting staff shortages across the healthcare industry, and competition for workers has only intensified since 2020. Recently, MedCityNews opined, “The ‘Great Resignation’ should spark a great transformation, where digital innovation is no longer a stop-gap but an integral part of any health care delivery strategy moving forward.” Prior authorization software is one such solution. Strategies that complement digital transformation Ricky Overton, Director of Revenue Cycle at Inspired Physiotherapy, shared in a recent webinar how he implemented a training program to address a huge… Read entire article here
