Parachute Health, the platform empowering simple DME and HME ordering, has officially announced a groundbreaking collaboration with two of the largest healthcare companies to revolutionize DME ePrescribing and prior authorization while simultaneously reducing costs for health plans, DME providers, and clinicians. To achieve the stated goal, Parachute will leverage a solution, which is understood to be well-equipped in the context of streamlining the prior authorization process, reducing friction at the point of care, and improving upon patient outcomes. To understand the significance behind such a development, though, we must acknowledge how the burden of authorization alone has hampered clinicians and DME providers’ day-to-day operations, causing significant delays, provider burnout, and patient dissatisfaction. In response, the new solution integrates prior authorization workflows directly into the prescribing process so to save providers a big chunk of their time. Talk about the whole value proposition on a slightly deeper level, we begin from an extremely simple ordering experience, which makes it possible for you to order DME in no more than 3 minutes. This you can expect to do through real-time digital chat, documentation generation, and flexible workflows. Next up, we must get into the solution’s interoperable nature. You see, owing to that very nature, the technology enjoys a rather seamless integration with existing EHRs, as well as with several other health IT systems.
“Growing up in a healthcare family, watching my sister as a doctor, mom as a nurse, and family’s pharmacy, I witnessed firsthand how time-intensive and opaque the process was to obtain an authorization. I am excited to be streamlining the ordering and authorization process by partnering with payors and building the necessary cost-controls to eliminate the current administrative burden that all stakeholders face,” said David Gelbard, CEO and Founder of Parachute Health.
Moving on, the development even brings forth a straightforward intake mechanism where transparent billing, in particular, does a lot to remove those highly-prevalent billing uncertainties. Then, there is a mechanism available to build a stronger relationship with the clinician. This responsibility is, by and large, carried by a dedicated Sales Rep App, which makes a point to guide supplier-clinician interactions at every possible step. Joining the same is a specialized functionality to convert all held orders. Powered with a set of different tools, the stated functionality focuses on reducing bad debt and converting referrals to digital. Hold on, we still have a few bits left to unpack, as we still haven’t acknowledged the availability of a solution called Renewals by Parachute, where users can basically access completely automated signature & documentation collection. Alongside Renewals by Parachute, we also have something called Reports by Parachute. This one is seemingly all about helping you construct comprehensive visibility into how to optimize cost & grow patients on service. Finally, our last piece of highlight comes from a Track My Order service offering transparency for patients into their DME/HME orders.
As for what makes Parachute an ideal candidate to lead such an effort, the answer includes the company’s track record, thus far, in serving over 220,000 clinicians and 3,000 supplier locations, empowering each one of them to deliver exceptional patient care.
“As Parachute continues to scale our revolutionary open e-prescribing platform nationally, it is exciting that we are now able to embed prior authorizations into the point-of-care ordering process. This collaboration is a mission-driven solution that benefits all stakeholders – reducing costs for payors, liberating clinicians from burdensome processes, and freeing providers to focus on what matters most: caring for patients,” said Gelbard.