In an era marked by unprecedented technological advancements, healthcare stands out as a sector that has undergone remarkable transformation. The fusion of big data with healthcare practices, catalyzed by industry leaders like Viaante, has sparked a revolution, fundamentally altering how medical experts diagnose, treat, and administer patient care. Viaante, renowned as an outsourcing partner for…
The healthcare industry has witnessed remarkable advancements over the years, making medical services more accessible and efficient. However, the administrative tasks associated with Prior Authorizations and Insurance Eligibility processes continue to be a significant challenge for healthcare providers. A University of Colorado study found that 93% of physicians reported care delays and that 82% reported…
https://www.viaante.com/wp-content/uploads/2023/07/Payer-blog-banner-final.mp4 In the United States, claims processing is a crucial component of the healthcare payer industry. Payers, including health insurance companies, government programs like Medicare and Medicaid, and self-funded employer plans, handle a large volume of claims submitted by healthcare providers for reimbursement. Let’s explore the key aspects of claims processing in the U.S. +…
The Top 9 RCM Trends in 2023 The year 2022 was economically challenging for hospitals, Healthcare systems, and even mid to large-sized physician offices. Additionally, the long period of hardship brought on by COVID-19, and its inflationary effects also had an influence on Healthcare providers. Also, the declining operating revenue for health systems and a…
Pre Authorization OR Prior Authorization is the process of obtaining prior approval from the payer (insurance company) before a healthcare provider provides services to a patient; also known as prior approval or pre-certification, it is the health insurer’s confirmation that a health care service, treatment plan, prescription drug, or durable medical equipment is medically necessary.…
The COVID-19 pandemic has shifted telemedicine from an anomaly and outlier to a necessity overnight, and doctors say they can’t see ever going back to their old model of care. As we experience a resurgence in Covid-19 cases, healthcare consumers are continuing to adjust their expectations for what healthcare will look like in the future.…
Accounts receivable is one of the major factors in the revenue cycle management. With almost all major economies of the world coming to a standstill due to stringent lockdown and social-distancing measures, most organizations are reeling for cash. The tremors of disruption have been felt across supply chains. Hospital administrators are doing their best to…
As the world continues to deal with the COVID-19 pandemic, telehealth is emerging as an effective and sustainable solution for precaution, prevention and treatment to stem the spread of COVID-19 and is offering an excellent way for practices across the country to care for patients. Telemedicine which is used for those with and without the…
The world population is in billions and it keeps growing. Since the pandemic, more and more people are working from home. Technologies just like the Internet of Things, edge computing, and AI are being adopted at increasingly rapid rates. It’s phenomenal to contemplate the amount of change we are all currently experiencing. On numerous levels,…
Setting up an efficient AR (accounts receivables) management strategy is an important part of any successful business. Even though there is no such company which intends to adopt weak accounts receivable policies but lack of planning or a failure to focus on any function can result in unintended consequences. Maintaining a healthy cash flow is…