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Insurance credentialing is the process in which a new provider submits all the required paperwork to targeted insurance carriers to become a part of that payer's network in order to submit insurance claims to be paid.
The Problem
The credentialing process requires multiple confidential documents from numerous resources. The many resources subject to payer review include education and training, peer and instructor references, malpractice insurance board certification, previous hospital affiliations and malpractice history. Due to the complexity involved, the credentialing process can take up to six months and if proper procedures are not followed, credentialing can take up to a year. In addition to the amount of detail involved, you have to go through the credentialing process for each payer whose insurance you plan on accepting within your practice.
How The Process Works
Provider credentialing is a service provided for doctors' offices and medical practices to streamline the credentialing of the physicians they employ. Credentialing a physician, for example, involves three main steps. The process becomes complicated and delayed if the steps are not followed in the proper order as follows:
- State issues a license;
- Physician is granted hospital privileges;
- Physician applies for payer credentials.
Our Solution
Content, process and connectivity are key elements of the credentialing process. Our thorough understanding of credentialing and the regulatory realities of the health insurance payer's needs brings speed and simplicity to the credentialing process by integrating directly with required resources. Our process enables secure online interaction with providers of credentialing data and our system keeps this confidential information secure, enabling only authorized personnel to have access to the files.
Our provider credentialing service, at a minimum:
- Reduces administrative headaches;
- Collects credentialing data from physicians and other providers;
- Offers periodic online updates and secure service;
- Keeps data current;
- Eliminates data entry, printing and document storage costs;
- Complies with all state mandated forms.
Whether you are a new provider, an existing practice that is adding a new provider or a provider getting re-credentialed, contact us today to learn more about our credentialing services.
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