Provider credentialing has been for centuries; however, it was particularly around 1990 that national organizations gave Provider credentialing a confirmed structure. These organizations established the criteria for credentialing physicians, nurse practitioners, and physician assistants. It includes reviewing qualifications, board certification, malpractice claims, and more from the credential’s primary source.
Why Do You Need Credentialing Software?
Provider credentialing software efficiently enables practices to store and manage Provider data. It assures they have the necessary certificates and licenses to operate as a medical practitioner. From a patient’s viewpoint, the credentialing process ensures that they are in skilled and qualified hands.
Selecting the Right Credentialing Solution for Your Practice
Various credentialing software systems currently available in the market include basic features like data storage and online verification. But, if you want to build your practice’s credentialing process more proficient and effective, here are some must-have features for credentialing software listed below.
- Web-Based Accessibility
Accessibility will not be a problem if you choose a credentialing platform that stores data online. It should have a simple-to-use but intelligent “online file cabinet” that houses and protects all essential documents. It will guarantee that all the users — practice staff and the Providers — can manage the credentialing system on any digital tool with enhanced security.
- Third-Party Services Integration
A tailor-made Provider data management solution is seamlessly integrated with third-party services like NPPESS validation, Address validation service, E-Fax, and many more. It makes it simpler to share Provider data correctly and efficiently with many Payers at a stroke.
- Workflow Automation
The credentialing process involves:
o Collecting data from the healthcare Providers.
o Developing the credentialing strategy.
o Verifying the given credentials and licenses.
o Managing provider profiles.
o Getting in touch with Payers.
Customized credentialing solutions with automated workflows for verification, expiration management, onboarding options, credentialing metrics, and real-time, intuitive dashboards will substantially magnify productivity.
- Efficient Provider Communication
Practices applying the manual credentialing process face challenges in continually updating Provider information and credentials. A credentialing solution built per your requirements can help track the Provider’s profile. You can view and filter out the expiry Provider list and proactively generate notifications alerting Providers to update information/documents such as license expiry notification, board expiry notification, CME credit expiry notification, and more that will expire.
- E-signatures and Pre-mapped Forms Library
Every second counts in healthcare facilities, and at times, anticipating specific signatures or medical consent forms can prove expensive. A credentialing solution that allows for e-signatures and electronic forms can considerably help healthcare professionals. Unlike CAQH’s “free” service, an intuitive platform must generate and prepare application packets according to individual Payer requirements.
- Secure Database Management
Provider data can raise a big dilemma if not managed efficiently, and practices using manual credentialing struggle with handling Providers’ data. A customized credentialing system with all-inclusive end-to-end functionality deals with data management aspects, i.e., data storage, data segmentation, and data security.
- Intuitive Dashboard
You no longer need to brainstorm with automated paperless credentialing software. It helps you build various reports to understand how each parameter affects the workflow. You can get metrics on your network growth by provider lifecycle stages and network compliance on credentials’ expiry. You can also get a quick count of your active providers, practices/groups, and contracts.
Conclusion
Every year, practices spend a significant amount of time and money on Provider credentialing as a practice’s complete revenue cycle depends on proper medical credentialing. Any errors in medical credentialing can cost you valuable time and money in addition to increased legal liability, coverage, and referral issues. Invest in a tailored credentialing solution that can save time, cut expenses, and complex processes to boost your organization’s efficacy and revenue.
I-Enroll.com — The Most Intuitive Platform for Solo and Small Practices to: -
- Manage Provider data
- Improve compliance
- Expedite enrollment
- Save manual efforts
- Increase revenue
To tap into the I-Enroll.com network, connect with our solution experts at +1.732.658.0072.