Today the growing complexity of oncology practice has made prior authorization even more critical. Furthermore, with the ever changing technology and the medical industry etc the radiation oncology especially for cancer patients has been particularly a challenging area due to unnecessary prior authorization burden and interference in care decisions. In fact, the complex authorization process at times acts as an administrative burden for provider practices delaying the whole oncology prior initiation at times. Since involving lengthy telephone conversations with insurance companies, the process of prior authorization often lead physicians confused about the therapies they need to be covered if not recorded precisely and hence results in high denial rates.
According to a recent report, the 29 oncology prior authorizations requested which is done by the physicians on an average weekly experience a minimum 16 hours of wait time of the prior authorization process. The American Medical Association (AMA), the American Hospital Association, and 14 other healthcare organizations perceiving this complication has joined forces to help streamline prior authorization for medical tests, procedures, devices, and drugs to reduce administrative waste and save time. In fact, Sunknowledge Services Inc is also one such RCM solution that can also help you with both administrative as well as reducing your operational cost as well.
Sunknowledge Services Inc: a solution for all oncology prior authorization complications
Being a next gen RCM solution, Sunknowledge Services Inc is a team known for handling complete pre and post billing services for more than 28 specialties. Starting from data entry, doctor’s office follow up, complex prior authorization to claims and AR management, our experts take care of all.
Driving you ROI, our experts further ensures 100% prior authorization submission on the same day while increasing the authorization rate by 1.5–2x for your oncology prior authorization.
Eliminating all the prior authorization loopholes and closing all the authorization gaps faster and efficiently, our experts further help in 80 % operational cost reduction. Partnering with us further helps you as we ensure 99.9% accuracy rate and also the highest collection rate of 97 percent in the industry with 3 prior auth and 99% approval request per hour.
So, if you are looking for a seamless authorization solution, get in touch with our experts to strive in this competitive edge at these trying times. Our team providing a seamless authorization solution with a better reimbursements will further help you in accelerating your ROI.