Topic: Physician Providers

97% of practices reported that their patients experience delays or denials for medically necessary care due to prior authorization requirements

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

Almost 6 in 10 practices saw 15%+ of their patients either switch from traditional Medicare to Medicare Advantage or between Medicare Advantage plans

95% of practices provide care to patients covered by Medicare Advantage, and 75% report they are seeing an increasing number of these patients

58.6% of healthcare finance leaders say that insurance follow-up is the most time-consuming revenue cycle task for their organization

60% of healthcare finance leaders say that prior authorization is the most time-consuming revenue cycle task for their organization

76% of healthcare financial leaders say that denials management is the most time-consuming revenue cycle task for their organization