The importance of physician credentialing in the healthcare sector is indisputable. This process is one of the many ways in which a healthcare facility can ensure its accountability and overall reputation. However, conducting this process accurately and meticulously can be difficult for facilities whose administrative staff is not qualified or experienced enough. This blog post will discuss the challenges that shroud physician credentialing and how to overcome them!
How Long Can Physician Credentialing Take?
This is a question that most healthcare facilities ask when they are not aware of what the process entails. The fact is, physician credentialing can take up to six months to complete and it may even take longer if you do not have an efficient administrative staff working on your behalf.
A lot of things go into this process including verification of documents, contacting state medical boards for information about disciplinary actions against physicians, calling in references from former employer’s/internet searches etc. If a facility has qualified professionals handling the paperwork, then it does not need more than two weeks at maximum because all the verifications will have been done already!
At MDSyhealth we understand how important having credentials approved quickly means saving time which translates directly into money so we offer expedited services that can get your credentials approved in as little as two weeks.
What are the Challenges?
You will have to shell out a lot of money for physician credentialing if you do not have an efficient administrative staff working on your behalf. This is because hiring third-party companies or outsourcing this task to another company can be extremely expensive and it might even cost thousands every month!
The process itself is very complicated, which means that most healthcare facilities cannot handle it themselves without professional assistance. As mentioned before, physician credentialing involves verification of documents – but what type exactly? Well, there’s no standard list so each facility must set up its own criteria based on state requirements (e.g., didactic training, hands-on experience, passing an examination).
Another challenge is that physician credentialing can be time-consuming. This means that if you do not have someone in your administrative staff who has the expertise and knowledge to conduct a comprehensive background check on potential physicians, it will take longer for the process to be completed. Depending on how long your facility takes to complete the verification process, this could mean losing out on lucrative reimbursements from insurance companies!
What Can You Do?
If you are facing any of these challenges, don’t worry – there are ways around them!
Here are some tips:
Hire qualified professionals who specialize in conducting physician credentialing – at MDSyhealth we have over 15 years of experience and our team of experts can get your credentials approved quickly!
Outsource the task to a company that specializes in physician credentialing – this will take the burden off of your administrative staff and they can focus on other important tasks.
Set up specific criteria for verification based on state requirements – this will help speed up the process since everyone will be aware of what is needed upfront.
Create a timeline for completing the verification process – if everyone knows when the final deadline is, it will be easier to stay on track.
Make sure you have an efficient system in place for handling reimbursement inquiries from insurance companies!
At MDSyhealth, we understand how challenging physician credentialing can be and we are here to help you every step of the way.
With our team of experts, we can get your credentials approved quickly so that you don’t miss out on any lucrative reimbursements from insurance companies! Contact us today to learn more about how our services can help your healthcare facility save time and money while still providing high quality care.