HIT Consultant August 29, 2024
Florence Luna, Co-Founder and CEO of Fig Medical

The prior authorization process, integral for confirming the necessity and insurance coverage of medical treatments, has historically been an obstacle in healthcare. In its current state, it has the potential to cause considerable delays and financial burdens for patients and healthcare providers – and the inefficiencies of this process are evident, as approximately 90% of providers report care delays due to this process (AMA), with a significant percentage indicating that some delays even lead to unnecessary patient hospitalizations. Improvements are needed now.

Healthcare providers and systems bear the brunt of these inefficiencies, resulting in more than just inconvenience. These delays significantly impact patient care. Current technology offers solutions to these challenges. Utilizing real-time clinical data and machine learning can...

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Topics: AI (Artificial Intelligence), Insurance, Patient / Consumer, Payer, Provider, Technology
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