Cigna Healthcare Reports Removal Of Nearly 25% Of Medical Services From Prior Authorization (Or Precertification) Requirements
Portfolio Pulse from Benzinga Newsdesk
Cigna Healthcare has removed nearly 25% of medical services from prior authorization requirements. This includes more than 600 additional codes, bringing the total to over 1,100 medical services since 2020. The move aims to simplify the health care experience for customers and clinicians.
August 24, 2023 | 10:04 am
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Cigna's decision to remove prior authorization on more medical services could potentially attract more customers and improve customer satisfaction, which may positively impact its stock in the short term.
Cigna's move to simplify the healthcare experience by removing prior authorization on more services could make its offerings more attractive to potential customers and improve satisfaction among existing ones. This could lead to increased revenues and a potential boost in its stock price in the short term.
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