The need to maximize the amount of revenue your practice generates calls for ensuring that you maximize the reimbursement rate. There are services provided at times that might require something called a prior authorization. This means that you need to call the insurance company and verify that you will get compensated for the product or service being provided before completing the visit. However it can be time consuming to submit a prior authorization request for an insurance company particularly when denied. It’s for this reason that it’s important to work with a professional prior authorization service to help ease the process. This service company should however available 24 hours per day with flexible plans that customizes one’s needs. There are benefits that come with working with such professionals which includes the following.
Improve patient diagnostics. Its much faster to get the diagnostic study schedule which helps the physician quickly as well as properly diagnose the patient thereby decide the next steps to treatment. There are some expensive procedures such as MRI that require prior authorization. The need to improve your patient diagnostics calls for completing certain procedures as quickly as possible. The best way this can be accomplished is by shortening the prior authorization turnaround time. A professional service can get the approval you need thereby giving one the go-ahead to complete the diagnostic procedures.
Shorten turn-around times for appointments. This is another benefit that comes with working with a professional prior authorization service. Its best to get prior authorization approved before your patient can schedule an appointment. This is because you might need to complete the procedure before decoding on the next course of treatment for the patient. One can take a long time to compete prior authorization meaning that the patients need to wait long before scheduling the appointment. However this can be avoided by working with a professional prior authorization service as they have short turnaround time for best results.
Maximize reimbursement rate and reduce denials. It’s good to work with a professional team to help you fill pout the form with the right information to maximize the chances of your prior authorization request getting approved. It helps avoid in-house staff frustration in trying to get authorization for services only to find out that it could be denied. This lowers the worry about penalizing reimbursement rates since a professional team will handle all such things in the best way possible.
Increase patient satisfaction. There is maximizing patient satisfaction rates by working with the prior authorization service. This comes in different ways. One is the patients don’t have to wait long for an appointment since they get the information they need more quickly. Second is that the patients don’t have to worry about getting billed out of pocket for certain services because the team can verify the insurance company will provide them with the coverage they expect. Finally the team can make more accurate patient care decisions because they have access to the information that they require. This thereby leads to improved patient satisfaction that benefits them in the long run.