Rethink Referrals
Extract Systems
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During the last two decades, the number of medical referrals in the US has skyrocketed. The purpose of referrals is to ensure that the patients receive the right type of care from a specialist for a specific condition. Unfortunately, existing referral processes often slow a patient's ability to find the right care.
The referral process, heavily reliant on paperwork, phone calls, and faxes, can be incredible slow and painfully inefficient. Medical staff often struggle with authorization processes, insurance requirements, and scheduling constraints. These challenges can both slow and diminish the quality of patient care.
Amid these challenges, automation can create an efficient, transparent, and patient-friendly referral process.
A broken referral process not only impacts the patient, but it also results in lost revenue for the healthcare provider. New patients lost through a poor referral process can reduce a health system’s annual revenue by as much as 20%. A missed appointment or referral no-show can cost a system an average of $200.?
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Introducing automation can have an immediate positive impact on the patient’s experience and create a healthier bottom line for healthcare providers.
If you would like to learn about how Extract can assist in automating your existing referral process, please reach out today.
About the Author: Jim Feierstein
Jim Feierstein is a Business Development Manager with Extract Systems. He has over 20 years of experience working with document capture, routing, and storage technology solutions. For the last eight years he has been focused on helping healthcare organizations improve document workflows.