Insurance authorization is a process that begins immediately after a particular patient has been scheduled to undergo a medical procedure. It involves getting in touch with the insurance carrier and getting an assurance that this carrier would indeed pay for the procedure the patient plans to undergo. Research has proven that in 75 cases out of a hundred, the reason for a claim denial is the patient not being eligible for services that have been billed by the service provider. The authorization process is a tedious one and best handled by experts to avoid errors and reduce the chances of claim rejections.
The Advantages of Outsourcing Health Insurance Authorization
Keep in mind that you should only choose a service provider that is HIPAA compliant, gives you a password protected web account and allows you to modify the parameters of this online account’s data whenever you feel the need to. Here are the advantages of outsourcing insurance authorization:
- Frees up more time for you to focus on actual healthcare
- Minimizes paperwork
- Eases workflow
- Speeds up approval and billing cycles
- A reduced need to rework claims
- Your authorization records can be saved and maintained electronically
- You can view the progress of your application online
- Follow-up and communications pertaining to missing or pending requests would be handled by the service provider
- Minimal delay
- More and better collections
- Phone and fax based customer support services are available
- Less risk
