- February 18, 2021
- Posted by: Thomas Anderson
- Category: Oncology Prior Authorization
The process of oncology prior authorization has been initially designed as a path to streamline and strengthen health care management while maintaining a seamless medical billing process. However, the authorization process has proven to have an adverse impact as well causing immense anxiety and wastes precious time, which has a negative consequence, especially for cancer patients.
As in the treatment for a cancer patient is all about faster medication and treatment and authorization process most of the time cause unnecessary, stressful and potentially life-threatening delays for them.
According to a recent survey, nearly 93% of radiation oncologists stated of their patient’s life-saving treatment have been delayed in the oncology prior authorization process and 31% stated the average delay lasts longer than five days causing added stress and anxiety to patients already concerned about their health; which lead to 1.2% to 3.2% increased risk of death.
Furthermore, the survey also stated:
1. The authorization process increases the amount of stress inpatient:
♣ As out of 10, 7 radiation oncologists stated their patients regularly expressing concern about the delay caused by the oncology prior authorization process
♣ Out of 10, 3 radiation oncologists which are 32% in fact have been forced to use a different therapy for their patients due to prior authorization delays.
2. The authorization process waste Physician Time:
♣ 1 out of 5 Radiation oncologists has often reported losing more than 10% of the time that they could have been invested in caring for their patients which they ended up consuming on prior authorization issues.
In fact, 63% of radiation oncologists had to hire additional staff to manage the prior authorization process as they found themselves giving up more time in the authorization process rather than patient care. This is where Sunknowledge Services Inc is the perfect fit for your oncology prior authorization.
Sunknowledge: Help You Fix All Your Oncology Prior Authorization Problems
Taking care of all your oncology prior authorization process, Sunknowledge Services Inc is one of the leading cost-effective RCM solutions across the U.S. with excellent industry references. Our authorization experts not only close all the authorization gaps faster and efficiently but also ensures 80% operational cost reduction. Providing a complete operational transparency, robust reporting, continuous follow-up, etc which further reduces your chances of denials and rejections of claims.
With a track record of a 99.9% accuracy rate, we are further known for the highest collection rate of 97% within the first 30 days from the date of the billing itself. Taking complete responsibility for oncology prior authorization, we today with excellent industry references are part of many leading names in the industry helping with not only seamless authorization process but also faster ROI and other medical billing solutions.
So, if you are looking to improve your oncology prior authorization process, we are the perfect match to help you save not only time but also money with assured financial upliftment and proper billing management processes.