Hospitals can improve cash flow by managing preauthorizations.
Managing third-party requirements for payment is becoming increasingly complex. Specifically, preauthorizations and other utilization control features have greatly affected how both physicians and hospitals deal with insurance companies and other third-party payers. Providers that can effectively and efficiently manage the preauthorization process have the opportunity to transform an administrative burden into a competitive advantage.
D000066:Accounting / Q000379:methods*; D005376:Financial Management / Q000379:methods*; D005377:Financial Management, Hospital / Q000379:methods*; D007345:Insurance Claim Review; D007348:Insurance, Health; D010350:Patient Credit and Collection / Q000379:methods*; D010819:Physician's Role; D014481:United States