Firstsource Healthcare Cloud: Prior Authorization Services
Streamline prior authorization
Turbo charge revenue cycle processes and the patient experience
Digital-first approach for deeper patient engagement
An efficient prior authorization process is crucial to driving superior patient engagement, financial experience, and satisfaction. 91% of all care delays can be attributed to prior authorization issues. Annually, prior authorization requests amount to more than $265 Mn, with volumes continuing to increase at more than 20% per annum.
Firstsource’s Prior Authorization Services create a streamlined digital-first process that identifies the need for prior authorization, enables the process, and facilitates status checks, enhancing the patient experience and provider revenues. The Cloud-first solution enables hospitals to integrate key functions into a unified workflow, identifies various payment methods and validates authorization. This provides patients peace of mind about how they are going to pay for their care – even before they set foot in the facility. The easy-to-implement and scalable solution is EMR compatible and can go-live within 90 days from contract signing.
Outcomes delivered
25% reduction in cancellation and no-show rates
90% or greater personalized bill estimate accuracy
Over 60% increase in staff productivity
Less than 1% payer rules error rate
See how we bring it all together
The holistic Firstsource solution includes an entire stack of digital-first patient engagement and Eligibility and Enrollment solutions. They are designed to uncover missing patient information and enhance engagement with patients across their journey, dramatically improving patient satisfaction as well as financial performance for hospitals.
Our cloud-first solution provides clarity to patients prior to care, identifies various payment methods, and validates authorization to enhance efficiency and accuracy and reduce time to authorization and front-end denials
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