How a Multi-Specialty Practice Reduced Denials by 40% with Streamlined Prior Authorization Services
- A Texas multispecialty practice struggled with high PA-related claim denials (40%), administrative overload, and delayed reimbursements.
- Partnering with Practolytics enabled real-time insurance checks, automated PA submissions, and continuous staff training.
- Streamlined PA workflows led to a 40% reduction in claim denials within six months.
- Improved verification boosted upfront collections by $160,000.
- Patient satisfaction rose by 30% due to shorter wait times and clearer insurance communication.
- Billing rework dropped by 50%, allowing staff to focus on revenue-generating tasks.
- The case highlights industry insights: heavy manual PA workload, rising costs, and new CMS rules pushing for simplified authorization.
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- A Texas multispecialty practice struggled with high PA-related claim denials (40%), administrative overload, and delayed reimbursements.
- Partnering with Practolytics enabled real-time insurance checks, automated PA submissions, and continuous staff training.
- Streamlined PA workflows led to a 40% reduction in claim denials within six months.
- Improved verification boosted upfront collections by $160,000.
- Patient satisfaction rose by 30% due to shorter wait times and clearer insurance communication.
- Billing rework dropped by 50%, allowing staff to focus on revenue-generating tasks.
- The case highlights industry insights: heavy manual PA workload, rising costs, and new CMS rules pushing for simplified authorization.