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Cancer remains a major health concern in the US, with millions of new cases diagnosed each year. But beyond the human cost, cancer care also carries a hefty financial burden. To ensure timely and accessible treatment, streamlining the authorization process is crucial. The Problem: Delays and Denials in Approvals Prior authorization (PA) and insurance approvals for cancer treatments often create significant roadblocks. These complex processes involve multiple parties and can lead to delays of weeks, impacting access to critical care. Studies show delays in essential services like imaging and chemotherapy, and some patients may even abandon treatment plans due to frustrations. For specific treatments like proton beam therapy, the initial denial rates can be as high as 60%, leading to additional months of waiting. These administrative hurdles significantly impact patient care. The Solution: AI to the Rescue Artificial intelligence (AI) offers a promising solution to expedite and improve PA processes. Companies like Health Care Service Corporation (HCSC) have seen a dramatic 1400x increase in processing speed through AI. Learn more: https://hubs.ly/Q02vCbN60

Optimizing Oncological Care: The Influence of AI on Insurance Approvals

Optimizing Oncological Care: The Influence of AI on Insurance Approvals

pharmacytimes.com

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