Recondo Technology, a revenue cycle management solutions company, has launched its new automated solution, AuthInitiate.
Here are three things to know.
1. The solution is designed to automate preauthorizations from insurers.
2. AuthInitiate, powered by Recondo's patented ReconBot technology, achieves this goal by inputting and retrieving web-based information from payers' websites, according to a news release.
3. "Continuing our successful quest to leverage our SaaS [software as a service] platform, content and machine learning capabilities to automate more of the U.S. revenue cycle continuum for providers of all types, we're extremely excited to kick off 2017 with our newest automation solution," Jay Deady, CEO of Recondo Technology, said in the release. "AuthInitiate is designed to make one of the most critical components of getting paid in full for services rendered — securing a prior authorization — a breathtakingly efficient process."