The prior authorization issues in the healthcare domain have been present for ages. Though the process was implemented to ensure and supervise if appropriate care is given to the needed patients, however, the overviewing today is the reason for maximum authorization problems especially in an ambulance, infusion prior authorization like specialties.
In fact, with the present time and increasing cost of the healthcare domain, the complex processes of prior authorization have further escalated additional complications.
Today the labor cost associated with prior authorization is more than $32 billion annually.
Being one of the times consuming processes, the authorization at times takes more than 14.4 hours a week per physician which resulting in physicians ending up hiring dedicated staff to attend the authorization. While the process can take weeks to get the prior authorization approval that the patient required, waiting for even a few hours to get medication and treatment can have an adverse effect on the patients at times.
According to the AMA prior authorization (2019)
- 30 % of physicians have staff dedicated to working especially on prior authorizations.
- 70 % of physicians are seen giving the responsibility to other professionals and trained experts.
Moreover, with the present crisis, the authorization situation has even got worse for middle and private practice to stay afloat. In fact, there has been a tends in eliminating overhead costs and outsourcing, but is this practice saving money?
Yes, and Sunknowledge Services Inc is one of the solutions helping them with higher efficiency, regain revenue without wasting much time and money at a cost-effective rate of $7 per hour or 2% of the collection.
Ensuring 100% prior authorization submission on the same day, we are the solution that increases your authorization rate by 1.5-2x. With a 97% approval rate, we are in fact the only authorization destination that ensures 3 prior auth in an hour. Reducing your operational cost by 80% we further are known to:
- Improve infusion prior authorization efficiency
- Increase doctor office follow-up and reduction in errors
- Less time dealing with payers with more than 12 years of experience
- The higher patient satisfaction rate
- Less staff burnout helps you focus more on your actual work of patient care management
So, why waste your time in expensive authorization experts, when our experience authorization specialist along with no cost dedicated account manager is ready to provide you with the authorization solution that involves better ROI and a seamless infusion prior authorization process.