Payers and providers have different goals, but they need to work together closely to succeed. Payers pay for healthcare services, and providers give the care. When these two groups work well together, it helps coordinate care better, cuts unnecessary costs, and makes sure patients get the right care on time.
More than 90% of Americans have health insurance. This means almost every patient’s care involves both a healthcare provider and a payer. But this connection can face problems like slow approvals, repeated paperwork, and systems that don’t talk well to each other. These issues can make care slower, increase costs, and upset both providers and payers.
Some health programs, like hospital-at-home, work well because payers and providers collaborate. These programs let patients get care at home instead of the hospital. This lowers costs and helps patients feel better about their care.
The old way of paying for healthcare used to pay providers for each service. This often led to more services rather than better care. Because payers and providers want different things, they sometimes don’t work well together. Providers want to give care but face delays waiting for payer approvals. Payers want to keep costs down but risk blocking needed care if they don’t communicate well.
Healthcare work is still broken into parts. Many providers use electronic health records (EHRs), but these systems often don’t connect well. It’s hard to share correct, up-to-date information between payers and providers. This causes extra work and slowdowns. For example, utilization management (UM) means providers often have to prove again and again that a service is needed. This wastes time and delays care.
Many healthcare places—especially smaller clinics or those in rural areas—don’t have enough resources. They might not have modern tech or enough staff to deal with payers well. This makes things harder and causes unfairness in healthcare.
To fix these problems, healthcare is trying new ways like value-based care. In value-based care, payments focus on quality and results, not just the number of services. Programs like accountable care organizations (ACOs) and bundled payments encourage payers and providers to work together and share costs.
Good sharing of information is very important in these models. Interoperability means that different tech systems can share data easily. Payers and providers need real-time access to patient info like treatment plans, lab results, and approval statuses. This helps avoid slowdowns and repeated work, and leads to better medical and financial decisions.
Technology platforms that mix clinical and administrative data help both sides work better. These tools also create standard ways to measure success that everyone can follow.
Artificial intelligence (AI) and automation help reduce the amount of paperwork and improve how payers and providers work together. They can do simple tasks automatically. This lets doctors and staff spend more time on patient care and planning.
One key area is utilization management (UM). Manual UM uses a lot of time and effort. Providers must make phone calls, fill out forms, or use old software to get approvals. AI can check clinical data automatically, use rules to decide if care is needed, and only send hard cases to people. For example, one payer saw an 83% boost in review speed after using AI for UM.
AI systems also help share clinical data in real time between payers and providers. When both sides see the same information, it cuts down on claim denials and delays. This makes work less frustrating and helps reduce burnout from doing the same tasks over and over.
AI can also help manage staff schedules. With fewer healthcare workers available, AI can improve how staff time is used. This helps workers feel better about their jobs and improves patient results.
Prior authorization, which often slows down care, can be sped up with AI too. By using AI decision support, healthcare groups can cut waiting times and get patients treated faster.
Good collaboration needs more than just tech and talking. Payers and providers must agree on shared goals and how to measure results. Using the same ways to check quality, cost, and patient satisfaction helps avoid disagreements. It also supports clear, data-based decisions.
Models that focus on collaboration also include patients. They use tools like online portals and telehealth to keep patients involved. This helps patients follow their care plans and leads to better results, especially for chronic conditions that require long-term care with many providers.
The Affordable Care Act started new rules to encourage payers and providers to work together. Programs like accountable care organizations and different payment methods give money reasons to cooperate.
Groups like Premier represent most U.S. healthcare providers and have large buying power. They have shown success by using technology to improve workflows, supply chains, and finances while helping patients. Leaders from places like Prisma Health say their work with these programs has led to big changes in a short time compared to the past.
The KLAS Arch Collaborative has more than 300 healthcare groups working to improve the experience doctors and nurses have with electronic health records. By sharing data and ideas, they help lower problems between payers and providers and make care better.
Medical practice leaders should know how working with payers helps both money and care. Cutting paperwork, speeding up approvals, and better care coordination improve earnings and patient happiness.
IT managers are important for setting up systems that share data securely and quickly between providers and payers. They should invest in platforms that automate tasks like UM, prior authorization, and clinical data sharing. Working with vendors to improve electronic health records based on clinician input, like in the KLAS Arch Collaborative, can help reduce burnout and make users happier.
Using AI tools also helps manage staffing with fewer available clinicians. Smart use of these tools helps maintain good care while controlling labor costs.
Premier aims to enable healthcare organizations to deliver better, smarter, and faster care through cutting-edge data, technology, advisory services, and group purchasing.
Premier helps hospitals and health systems enhance efficiency, reduce costs, and deliver exceptional patient outcomes using advanced, technology-enabled solutions.
AI is leveraged to integrate evidence-based guidance into workflows, optimize purchasing power, improve labor resource management, and enhance patient care.
Through data-driven cost optimization strategies, Premier assists providers in improving their financial sustainability.
Premier utilizes AI-driven solutions to optimize purchasing power and streamline supply chain processes for better efficiency.
AI helps optimize labor resources, contributing to cost control and staff satisfaction in healthcare settings.
Premier bridges the gap between payers and providers, promoting collaboration that reduces costs and improves the quality of care.
Automating prior authorization processes reduces administrative delays, thereby accelerating the delivery of care to patients.
Premier emphasizes active partnership and implementation support, helping organizations not just with recommendations but also with execution and strategic direction.
Premier’s innovative solutions have led to significant improvements in hospital operations, patient outcomes, and overall cost efficiency.