The report, titled "Bringing Better Value: Recommendations to Address the Costs and Causes of Administrative Complexity in the Nation's Healthcare System," offers four suggested areas of improvement:
- Implementation of a universal credentialing form for payers, hospitals, and other institutions;
- Using electronic patient data to help speed up determinations on insurance coverage eligibility;
- Standardization of patient ID cards;
- And standardization of the prior authorization process for radiology and pharmacy services.
The report makes many references to cost savings for clerical work; however, MSPs know that the major focus of our work is at a higher level. Clerical work is one of those necessary-but-not-valued responsibilities.
As the experts of the credentialing process, there is a great opportunity for us to share our best practices and be a part of healthcare reform.
To read the full report, click here: