35% of medical groups said they spend upwards of 35 minutes on an average prior authorization request. Nearly 5% reported spending 91 minutes or more on a single request
Statistic Info
This is concerning as it highlights the amount of time and resources spent on prior authorization requests. It serves to illustrate the strain placed on medical groups when managing a large volume of requests, as well as how their time could be better allocated to providing direct patient care or conducting other tasks. Additionally, it’s important to note that these requests can delay care for patients and ultimately have an adverse effect on health outcomes. To ensure the best patient outcomes, it is essential that medical groups are able to effectively manage prior authorization requests with minimal disruption to services. Streamlining processes, such as using digital tools and automation technologies, may help in reducing the burden of prior authorizations while also improving efficiency.
Author: RevCycle Intelligence
More Related Stats
Physician Providers
In 2023 there was a 13% revenue growth in Q2 due to rising enrollment
the average cost of a healthcare data breach is $10.1 million
The average cost of medication non-adherence in the U.S. ranges from $5,271-$52,341 per person
60% of insured adults reported experiencing a problem with their coverage in the past 12 months
More 2023 Stats
74% of Hospitals Use Some Revenue Cycle Automation
Nearly half of physicians are equally excited and concerned about the use of AI in their field
ChatGPT Gives Wrong or Incomplete Answers Regarding Medication About 75% of the Time
Fewer Than 1 in 3 Consumers Pay Medical Bills Immediately
Medicare Advantage Denials Jump 56%, Commercial Denials 20%, from Jan. 2022 to July 2023
Adults in the U.S. are most likely to have medical bill problems, regardless of income
More than 1 in 6 Americans now 65 or older
27% of Adults Face At Least One Healthcare Affordability Challenge
In 2023 there was a 13% revenue growth in Q2 due to rising enrollment
