For healthcare providers, prior authorization process automation can be both a hassle and a costly requirement for every procedure. On average, $11 and 20 minutes are spent on every manual authorization, not to mention the tedious nature of the work itself. Fortunately, modern technology offers many new solutions to make it faster, easier, and cheaper.
With Orbit AI, the processes of gathering patient info, filling out prior authorization forms, and checking the request status are all entirely automated. Not only does this take the onus off the administrative team, but it also means that prior authorizations become much less of a bottleneck in patient care. With traditional methods, the time taken delays access to care for all patients and results in a quarter being hospitalized. In more severe cases, delays in patient care can even result in life-threatening events, disability, permanent bodily damage, or even death.
Ultimately, prior authorizations can be a long process for any healthcare provider. They can cut costs by up to $9.60 and can reduce authorization turnaround time by 55%. With 70% of providers still relying on manual labor, automated prior authorizations can help you stand out from other providers and get your patients the care they need sooner.
Source: Orbit Healthcare