As a healthcare provider, you are no stranger to the amount of time that is consumed by pre-authorization tasks. It sucks up a lot of time, to be sure. But it’s more than just a minor annoyance. When you actually look at the numbers, it can feel downright criminal to realize how much time and how many resources are lost to pre-authorization.
You can expect to lose over 14 hours per provider each and every week from pre-authorization tasks. That’s more than 700 hours a year that you are spending on a bureaucratic task. If you have multiple providers, your office might be spending thousands of hours on pre-authorization services.
But, again, it’s not just time. It’s so much more than that. We’ve written before about the true costs of pre-authorization. It can be incalculable once you start to consider things like patient experience and employee satisfaction. Even in purely monetary terms, however, you’re looking $28,000 in annual costs per provider when you choose to handle pre-authorizations in-house. AuthNet will not only help you save money, but we can improve the entire experience of your office, from employees to patients. So, let’s take a look at what you can do with all that extra time you’ll get!