In 2022, the healthcare industry saw several updates and developments aimed at streamlining the prior authorization process. 

The Centers for Medicare and Medicaid Services (CMS) issued a proposed rule that seeks to streamline the process and is expected to save hospitals and medical practices over $15 billion over a decade. 

Other payers, such as Blue Cross Blue Shield of Massachusetts and Florida Blue, are implementing strategies to reform their prior authorization systems. The U.S. House of Representatives passed a bill to reform the Medicare Advantage prior authorization process, and the Governor of Michigan signed a bill that shortens the time insurers have to consider prior authorization requests and provides more information about the process. 

To know more…http://bit.ly/3RkZ1Kb
For more information contact us on  +1 470-285-8986

New Hospital Prior Authorization Changes for 2022 Take Effect in 2023

The article explores how Robotic Process Automation (RPA) can streamline Accounts Receivable (AR) processes. RPA is a technology that can automate repetitive tasks, reduce processing time, improve accuracy, and enhance data security. The article highlights the benefits of implementing RPA in AR processes and provides examples of how it can be used to automate tasks such as invoice creation, payment processing, and customer account management. The article emphasizes the need for organizations to evaluate their AR processes and identify areas where RPA can be implemented to achieve maximum efficiency gains. Overall, the article provides valuable insights into the benefits of implementing RPA in AR processes.

To explore more…http://bit.ly/43oWVOK

Accounts Receivable Automation

BillingParadise

Related tracks