Answer: Clinics spend significant resources on PAs, with estimates showing that the average physician spends nearly $11,000 annually per full-time equivalent staff member managing PAs. This includes administrative staff hours, technology costs, and the time clinicians dedicate to the process.
Answer: PA automation software reduces costs by streamlining the submission and follow-up process, minimizing manual data entry errors, and improving efficiency. On average, clinics using automation can reduce labor costs by up to 50% and save several hours per week per staff member.
Answer: Automation improves accuracy and compliance with payer requirements, resulting in fewer denials and faster approvals. Clinics can recover up to 30% more revenue by reducing denied claims and avoiding delays in starting treatment, which may lead to missed reimbursements.
Answer: Hidden costs include staff burnout due to repetitive tasks, delayed treatments leading to potential patient dissatisfaction, and missed revenue opportunities from unapproved or underpaid claims. Additionally, high denial rates often require extra resources for appeals, further increasing costs.
Answer: On average, automation reduces the time spent on PAs by 40-60%, saving several hours per day across the team. This allows staff to focus on higher-value activities like patient care and revenue cycle optimization.
Answer: The return on investment (ROI) for PA automation can be substantial. Clinics often see payback within the first few months due to reduced labor costs, increased approvals, and faster payer reimbursements. In many cases, the savings can exceed the cost of the solution by 2-3x annually.