Time Saving Tips #1: Getting a Handle on Prior Authorizations
Grand Rounds in Urology Contributing Editor Neil H. Baum, MD, Professor of Urology at Tulane Medical School, discusses how getting a handle on prior authorizations can help doctors deal with loss of income. At present, many doctors are facing lost revenue due to decreasing reimbursements and rising overhead costs, and one of the best ways to deal with this problem is to increase efficiency and productivity by learning how to make the most of prior authorizations. Dr. Baum explains why prior authorization is important, as well as how the process has changed in the last five years. He then advises that it is a good idea to have one person on staff who is a prior authorization expert as this will make the process more efficient and decrease the number of denials. He emphasizes the importance of the expert having deep knowledge of various red flag features of prior authorizations, which can result in huge delays and even denials. The bottom line according to Dr. Baum is that these specialists can do a great deal to improve productivity, efficiency, and even staff morale.
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