decisionhealth Newsletters, Part B News - 2014 Issue 6 (June)
Payers, practices pressed to find savings look to reduce administrative costs
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Article Overview
This piece examines cost-saving operational changes in physician practices and payer organizations. It focuses on administrative efficiency, revenue-cycle improvements, faster authorization processes, and technology-enabled monitoring approaches used across fee-for-service and emerging value-based care arrangements. The article is relevant to practice managers, revenue cycle staff, payer operations teams, and clinicians involved in workflow and care-delivery redesign.
Why This Topic Matters
Administrative burden affects both payer operations and practice finances, especially as reimbursement pressure and patient cost-sharing increase. The article highlights the kinds of workflow and technology changes organizations are exploring to reduce friction and improve efficiency without changing the underlying clinical care goals.
Article Sections
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Front desk matters
Introduces the administrative cost pressures affecting physician practices and insurers. Frames the discussion around evolving payment models and the search for operational efficiencies.
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Emphasize collections
Covers collection workflow challenges, patient cost-sharing issues, and tools that can support better revenue-cycle performance. Discusses how practices and payers are looking for more efficient ways to determine patient responsibility and streamline front-end processes.
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Look for faster prior authorization
Reviews administrative burden related to prior authorization and the push toward automation. Describes how payer-provider technology can reduce delays and support utilization management.
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Real-time monitoring to lower costs
Addresses home-based monitoring and remote data transmission as a way to support lower-cost management in integrated and value-based care settings. Notes the relevance of these tools for patient-centered care workflows.
What You Will Learn
- How practices and payers are approaching administrative cost reduction
- Why patient collections are becoming a bigger operational focus
- How automation is being applied to prior authorization workflows
- How remote monitoring fits into newer care delivery and payment models
Who Should Read This
- Physician practice administrators
- Revenue cycle staff
- Payer operations teams
- Health care executives
- Clinicians involved in care coordination
- Health IT and workflow leaders
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