Payment Navigation Compass

For Prospective Members: Automate Authorizations to Increase Net Revenue by $4M

A complimentary webconference hosted by Authorization Compass

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For most organizations, submitting, retrieving and tracking required authorizations involves complex, manual processes and a huge outlay of human resources—and yet authorization errors remain a significant cause of initial denials. Further, our research shows over a third of denial write-offs are attributed to missing or incomplete authorizations. Another third are attributable to medical necessity errors.

The result is that the average hospital writes off over $5M – or 1% of net patient revenue – in pre-certification denials. Best practice organizations write off less than $1M.

A critical success factor is electronic automation to eliminate the need for the constant phone calls and manual checks of payer websites.

Join us for a complimentary webconference highlighting key lessons from top-tier organizations and learn what your front office team should be doing to maximize both patient and payer collections. Specifically, learn how top-performing hospitals are combining strategic process change and state-of-the art technology to:

Preserve millions of dollars in revenue by eliminating preventable denials due to authorization, medical necessity, and notice of admission errors
Eliminate phone calls and manual checks of payer websites to submit, retrieve, and track authorizations
Drive clean claims by automatically verifying insurance eligibility and coverage, demographic information, and pre-certification
Optimize cash collections by accurately and automatically calculating patient obligation at or before point of service
Increase the efficiency and effectiveness of patient access staff while reducing back office rework

More Information

This webconference is open to all hospital and health system executives. For more information, please contact Brooke Short at shortb@advisory.com or 202-266-5591. Advisory Board members at non-hospital organizations, please contact abhcic@advisory.com.

Please note, a valid hospital email address is required to process registration.