Prior Authorization Edition2019-07-29T07:09:01+00:00

July 2019 Newsletter

Prior Authorization Edition

Prior authorizations continue to be a major issue for providers across the country. A 2018 AMA survey found that physicians and their staff spend 2 business days (14.9 hours) per week completing prior authorizations and 91 percent of providers agreed that prior authorizations delayed patient care.

By automating the prior authorization workflow, you’re guaranteed faster approvals and fewer denials–immediately increasing your cash flow and improving patient satisfaction.

In this latest edition of the Infinx Healthcare newsletter, we review recent contributions to our blog, what we are currently reading, and what’s in the news, all spotlighting the use of artificial intelligence (AI) and automation in the prior authorization workflow.

From Infinx’s Blog

Understanding How AI Can Optimize Your Lab’s Prior Authorization Process

With the administrative burden placed on staff to execute and manage the prior authorization process it’s estimated to cost $11.18 per manual approval (vs. $2.18 per automated). Minimizing these factors through automation and supporting specialized guidance can positively impact the bottom line. More

What Radiology Practices Need to Know About Clinical Decision Support Mechanisms (CDSM)

The January 1, 2020 mandatory implementation date approaches for radiology practices, outpatient imaging centers, and hospital facilities and will be required to consult a CDSM, where they can access AUC that will greatly enhance the clinical decision experience. Here is what you need to know. More

Radiology Coding Guidelines and Best Practices(CDSM)

Whether utilizing an internal billing and coding department or using a third-party solution, a proactive approach to the healthcare payment lifecycle sets the stage for successful revenue management. Here are the updated Radiology Coding Guidelines for 2019. More

Two Healthcare Administrative Use Cases Where AI Will Bring Great Value Today

The prior authorization process is viewed as one of the most time-dependent functions and only 23% of healthcare organizations use an automated process. By embracing AI-driven technology, stakeholders could see a collective annual savings of $273M and patient satisfaction improvement. More

Recent Events

Annual Meeting of the Florida RBMA
& Florida Radiological Society

 

July 19-20, 2019

Naples, Florida

Visit us at the show

 

AHRA Annual Meeting

 

July 21-24, 2019

Denver, Colorado

Visit us at booth 206

Download our Case Study to learn how we helped an East Coast Medical Imaging Center automate their prior authorization workflow from referring physicians and increased their daily revenue by $750-1000 per day using our cloud-based Prior Authorization Software. See how our scalable and automated solutions can improve your practice’s prior authorization workflow.

Schedule a demo to learn more about our Prior Authorization Software and how you can get ahead of your prior authorization bottlenecks.