Juggling the credentialing data. Saving time and money, the result.

Welcome to NEXT-A Look Ahead for Medical Practices Newsletter brought to you by V2V Management Solutions & iPX Physicians?.

In this monthly LinkedIn publication we will cover topics like juggling the credentialing web, staffing shortages, physician efficiency, and the landscape of care in today's ever-evolving environment. We're so glad you're here with us!?

Let's dive right in head first and tackle credentialing.

Managing a comprehensive set of details for each physician and advanced practitioner in the practice is time consuming, challenging, and critical to success. Insurance payers, medical staff offices, malpractice carriers, certifications, and licensing boards all play a role in the need for unique information for each physician and advanced practitioner in your group.

As a provider, delays in capturing and providing this information to the requesting parties could impact your ability to start a new position timely, delay ability to join a payer network, or maintain privileges at the facilities you provide care to your patients. Bottom line it’s a lot of details and delays cost time and money.

One of the biggest challenges for most providers and medical practices is that you only have a need to gather it a few times a year. As such, most practices and providers don’t keep this information well organized or current. prioritize keeping all of the relevant information and deadlines up to date. The result is that the task expands in scope, and likely, takes you or someone from your practice away from their primary responsibilities.

What else do we know? Payers are constantly updating forms and processes, making it even more time consuming to stay current. One step can result in dramatic impacts on your cash flow. Having a resource for managing this information, one that is familiar with the requirements, is key to ensuring everything is done correctly and on time. Not only does this give providers a better experience but it also ensures you minimize any unexpected delays.?And it doesn’t end with initial enrollment or initial applications. Certifications must be maintained, licenses must be renewed, and payer enrollment must be re-validated. All these events fall in unique cycles depending on the payer, carrier or certifying body.

Credentialing and licensing are unfamiliar processes that can take several months to complete initially and requires ongoing updating of information throughout the life of your practice and career. V2VManagement Solutions uses a secure database, to store all your pertinent information and up to date forms and payer requirements. Let us juggle this information for you and your medical practice. With reminder emails and notifications as licensing, certifications, and payer deadlines draw near V2V Management Solutions can streamline your experience and improve your confidence in the process. Failing to complete credentialing, enrollments, and re-enrollments in a timely manner may lead to an uptick in on-hold claims, denied claims, delayed start dates, and risk poor patient satisfaction scores.?V2V Management Solutions can take the stress out of managing this process and provide you with the confidence we have been delivering in on time results for our clients for many years.

For more information contact us today https://v2vms.com/contact-us/