Front-line stories: How today’s prior authorization processes create a burden of waste for providers
As hospitals continue to struggle with razor-thin margins, they should actively identify activities that create financial burdens for them without delivering value to patients. One health system’s stories of administrative waste due to prior authorization processes show why this activity should be be high on their list.
U.S hospitals can no longer afford the burden of administrative waste
Even before the COVID-19 crisis, U.S. healthcare providers faced growing challenges from administrative and regulatory burdens. But the pandemic has these challenges to the point that they mare likely to impose severe financial consequences on providers.