It is essential for healthcare providers to become enrolled and credentialed with maximum payers so that patients can use their insurance plans in your practice; failing to do so will result in the patient looking to find competing providers who are enrolled with the health insurance companies to which they have subscribed.
Zee Medical Billing recognizes that medical provider credentialing services are an essential component of a healthcare facility’s operation. This article will discuss medical provider credentialing services and their importance to your healthcare facility, as well as how to expedite medical provider credentialing services.
What is Provider Credentialing?
Credentialing is the process of verifying a provider’s qualifications to ensure that they can provide care to patients. Most health insurance companies, including CMS/Medicare, Medicaid, and commercial plans, as well as hospitals and surgery centers, require this process.
The credentialing process for providers is completed by verifying all of the provider’s documents to ensure that they are valid and up to date. Their medical license, malpractice insurance, and DEA are examples of these.
The Credentialing process involves the following steps:
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Application Evaluation: Completing required documentation and identifying exceptions.
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Primary Source Documentation: Verify practitioner/ facility information from physicians.
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Outbound Call Center: Obtain missing documents and update the payer’s database.
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Follow-up with payers: Follow-up on submitted credentialing requests.
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Data Entry: Capture data, label, and link images to specific providers/ facilities in the payer’s database.
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Maintenance of Provider Data: Update provider information as per policies and procedures, and CAHQ profile.
Why Do You Need Credentialing Assistance for Your Practice?
Credentialing process is important for healthcare professionals because it ensures that they meet the standards established by regulators and insurers. Medical provider credentialing services also help to verify the qualifications of healthcare professionals, which can lead to higher reimbursements and better patient care. The credentialing process can be time-consuming and challenging. That is why you should work with a credentialing services firm to assist you with the process. This reduces the possibility of late or lost payments while also saving your employees time. Choose a credentialing services partner with experience in your field.
The best revenue cycle management partner assists you in simplifying the provider credentialing process by reviewing and gathering documentation to determine the provider’s participation in the health plan. The hassles of submitting and tracking credentialing and enrollment applications based on insurance plan requirements are eliminated with dependable and efficient medical provider credentialing services.
Importance of Medical Provider Credentialing Services
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Preventing Revenue Loss
Any physician should consult with payor enrollment credentialing. If physicians and other healthcare professionals want to be reimbursed for expenses, they must provide the insurance company with a verification list. Insurance companies may refuse to reimburse medical bills for healthcare professionals who do not obtain proper credentialing.
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Lower risk of medical errors
Medical provider credentialing services, particularly those provided by independent practitioners, help in reducing the likelihood of incompetent providers causing medical errors. Furthermore, because electronic credentialing employs automation tools, human error, which is common in manual evaluations, is eliminated.
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Improved Patient Trust
In the healthcare system, trust between medical professionals and patients is essential. Patients who believe they will receive better care and accept recommended treatment are more likely to take treatment from a credentialed doctor.
Assessing and confirming the experience of hospitals and healthcare agencies gives patients confidence in the qualifications and experience of healthcare professionals, allowing them to put their trust in their preferred providers.
How to expedite medical provider credentialing services?
If you overlook the importance of the provider’s Medical provider credentialing services you will experience delayed cash flow. Nowadays, healthcare practices strive to implement best practices to ensure a timely and productive outcome. As a result, we’ve compiled a list of medical credentialing suggestions below:
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Begin the credentialing process
Start your credentialing process as soon as possible by gathering reference materials, updated contact information, and records.
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Up-to-date Information
Credentialing issues can be costly and time-consuming, so it’s critical to have a process and a plan in place to ensure that credentials are always up-to-date. You might consider hiring professional medical credentialing services to handle the process for you.
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Learn about the Laws
Understanding how medical provider credentialing services work can significantly affect how well a practice runs and how quickly revenue is generated. Your state’s medical provider credentialing laws and agreements with payers and other state credentialing organizations may exist. It means that if you’re registered with a payer in one state, that payer can help you get credentialed in another.
Why should you use Zee Medical Billing Medical provider credentialing services?
Lack of expertise on the credentialing team can result in denied applications or requests for additional information from payers, extending the time from offer to start for a new provider – and delaying the delivery of services to patients in need. As a result, many healthcare organizations choose to outsource physician credentialing services to an expert third-party vendor, of which Zee Medical Billing is one.
If you can’t keep up with the complex regulatory compliance and are considering hiring an in-house team, you could save money by outsourcing physician credentialing services to Zee Medical Billing. We built a reputation in the industry as a dependable and trustworthy physician credentialing partner, and we have been deeply involved in resolving administrative challenges across healthcare. Zee Medical Billing services will protect you from several problems that could result in financial losses and legal action. The following are some of the more common reasons we are asked to outsource medical provider credentialing services.
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Certifications
We have the skill, knowledge, and expertise to fulfill your credentialing requirements before providing the medical billing service. Our knowledgeable staff adheres to ISO-certified procedures that elevate our services above the competition while remaining compliant with HIPAA.
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Precision
Our medical provider credentialing services are carried out in accordance with industry standards. We make certain that physicians are part of the insurance company’s network and have the necessary practice qualifications to be reimbursed by the payer. The application process is reviewed on a regular basis to ensure compliance with the insurance carrier’s terms.
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Data Protection
Putting your faith in and collaborating with us is simple and easy. You don’t have to be concerned about your personal information falling into the wrong hands. We ensure the management of your data, documents, and files using a secured network that is routinely monitored to benefit your practice.
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Quick Turnaround
Most customers prefer quick services because they save time and money. Our medical provider credentialing services are tailored to help you to get paid faster and boost your client volume.
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Budget-Friendly Pricing
We have a solution that is ideal for your budget, whether you want a comprehensive or customized credentialing service. You can achieve profitable results with our flexible-priced service.
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Scalability
When there is a need to scale arises, our medical provider credentialing services are designed to adapt and evolve. As your patient base grows, having a faster system that is fully compliant with the standards stands out.
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Contact with a single point
When you need to contact us, you won’t have to go through multiple hoops because you’ll be able to speak with a dedicated professional who will respond to your inquiry right away. Our subject matter experts will be available to assist you in your local time zone.
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Up-to-date Infrastructure
Zee Medical Billing has the most up-to-date infrastructure, allowing our provider enrollment and credentialing services team to fully utilize the credentialing software’s capabilities. Due to our advanced physical and technological infrastructure, you can easily navigate challenging healthcare and insurance carrier compliance.
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Back-Office Support Services
We use cutting-edge medical provider credentialing software to eliminate risks that could result in patients losing thousands of dollars in compensation. The use of credentialing software can boost efficiency and productivity while reducing the number of days outstanding. Credentialing software enables super user controls across multiple platforms, resulting in a secure environment that can be integrated with other programs to meet specific healthcare needs.
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Round-the-clock Availability
We are available 24 hours a day, 7 days a week, and 365 days a year by phone, email, and online chat in your local time zone. When you need to contact us, we are never too far away.
Medical provider credentialing services are becoming increasingly important in healthcare as a means of improving patient safety, lowering costs, and protecting the healthcare industry from harm. Assessing and confirming healthcare professionals’ qualifications can protect healthcare organizations from a variety of risks, including financial loss, incompetent healthcare providers, the risk of compliance violations, and unwelcome lawsuits.
Medical credentialing provides several opportunities for medical practitioners seeking to provide the best possible patient care while gaining a competitive advantage. The difficulties of physician credentialing should not be overlooked, regardless of its merits. The process is time-consuming, and if all of the paperwork and documentation is not handled correctly, your medical practice may face delays.
Zee Medical Billing provider credentialing services ensure that your physician credentialing is completed correctly. Our professionals can manage the difficult credentialing process for you so you can focus on the satisfaction of your patients.
For Medical Provider Credentialing Services
Call @ +1 (224) 999-6997
Or
Get a free no-sting attached billing services quote from ZEE Medical Billing for your practice.
