In the current medical and healthcare scenario, physicians, hospitals, care providers, and other entities are rapidly opting for professional prior authorization services to look after their prior auth process. The change of mindset has resulted from the Federal and regulatory changes that occurred in the recent past. The withdrawal of the Affordable Care Act (ACA) and the introduction of the Final Rule mandate have had huge implications on the prior auth decision. Surveys were conducted and it unearthed quite a few concerning points. The most glaring statistics that came out are:· 70% of prior authorization denials occur due to administrative lapses even before the medical review
· 90%-97% managers consider prior auths are extremely time-consuming and the complexity of the process makes it worse
· Physicians’ offices spend a minimum of 1 hour per day, alone on managing prior authorizations
· 76% of doctors resort to switching the treatment/payment mode to avoid the prior authorization complexities
· The insurance companies have raised demands for regulatory requirements, documentation by two folds
It’s a pretty sensitive situation and only a specialist’s intervention can bail out the suffering practices. No wonder, the beeline to get a prior auth service is getting pretty long. However, the question is, ‘”Are all the professional services offering prior auth solutions are good enough?” The answer is disappointing – No! The silver line is, you have some reliable ones, and the best news is, PriorAuth Online is there for you! The online PA platform of Sunknowledge Services Inc. has lived up to the reputation that Sunknowledge has created in the medical billing domain for the last 10-11 years.
What do we have for you? In one word, the BEST at the LOWEST! Read on:
· Prices as low as $5 per authorization
· Instant reduction by 80% in billing costs
· Guaranteed reduction of operational-cost by 70%
· Fast and efficient service with 99.9% accuracy
· Serving major healthcare organizations across the country
· 100s of excellent references
· Boost average number of approvals by 1.5-2X
· Payer side experience (claim adjudication) of 7 years
· Doctor office follow-up
· FREE $1 million from Hiscox Insurance for all our clients for any errors of omission and commission
· 100% client retention
· FREE Daily/Weekly/Monthly customized reports
· Clients’ legal issues handled by Nixon Peabody
· 100% HIPAA Compliance
Aided by our highly trained experts and FREE dedicated managers, powered by the latest software, and also with the flexibility of working in any platform, we let you leverage the best of both the world. Yes, the extra edge that we give you is unmatched! You get our Telemedicine platform, absolutely FREE as you sign to avail our end-to-end Revenue Cycle Management solution! It’s a win-win for you!
Contact Information:
Ronnie Hastings
Director of Business Development at PriorAuth Online
Phone: +1 646-661-7853
Fax: +1 212-924-3473
contact@priorauthonline.com
Source: [URL=http://prsync.com/priorauth-online/priorauth-online-bridges-the-medical-billing-gaps-free-telemedicine-platform--total-rcm-support-2543926/]prsync.com[/URL]