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Medicare Revalidation Process: A Complete Guidance on Requirements

Paperwork is one dreaded word out there! Everyone hates doing paperwork. Further, as Medicare security has tightened to prevent fraud, the amount of paperwork has increased.

Revalidation means that you need to re-enroll in your Medicare plan as you did for the first time. Medicare revalidations crop-up every three to five years. Your Medicare revalidation process depends upon many factors. Never ignore an email requiring a medical revalidation. You will always get a 3-month warning before your Medicare enrollment gets expired, and if you fail to get all the paperwork done and get approved by the deadline, all your claims will be denied. The chances of your revenue getting affected due to this denial are huge.

Further, a gap in your Medicare coverage might be caused as your application may not be backdated to the date of your previous enrollment. A benefit of having a reliable service provider who can handle all your Medicare revalidation processes as they also get the notice of your Medicare coverage getting expired is that they can remind you regarding the same, in case you accidentally miss your deadline.

A returned Medicare revalidation process application is the last thing that you would want to deal with. This usually happens if you have not filed your form correctly. A reliable medical revalidation service provider can guide you through the process. Let’s discuss a few tips on how to complete your Medicare revalidation paperwork.

1.You can complete your Medicare revalidation process online with a basic checklist to ensure that you can complete everything before submitting the final paperwork. Using internet-based revalidation is the best way to check for any errors in your application.

2.Make sure that the legal name of your business is similar to the NPPES and IRS documents. If you have changed your name, you need to get it updated with IRS.

3.You will need to submit the details and be required to electronically sign the revalidation application. You can also upload any supporting documents along with the main application documents.

4.Lastly, keep a note of an email sent to you regarding the due date of your medical revalidation. This email or notice is sent two to three months before your due date. It will serve as a good reminder for your business to complete your process in due time.

Why Medicare revalidation process is essential for your organization?

It is very important to note that your healthcare provider enrollment records get deactivated if you renew your application after the due date or if you provide any additional or supporting information after the due date. A new and complete fresh application will have to be submitted by any supplier or provider if the due date is over. Only then the provider enrollment records and benefits will be generated. So, this delay in revalidation will create a gap between the medical coverage. This necessitates an urgent need for the Medicare revalidation process. This can be taken care of by a reputable service provider.

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Best Leading and Cost-Effective Credentialing Companies in the States

Credentialing companies have eased the life of medical practitioners. By outsourcing the services, the clinicians can save themselves from the frustration of all the paperwork and administrative tasks. Being doctors, the medical staff needs to prioritize treating the patients over administrative tasks.

What is credentialing?

Credentialing is the process of verification of the education and experience of the medical practitioners. It involves cross-checking the documents with the concerned authorities so that the patients can trust the doctors and it can be ensured that the medical practitioner is authorized to perform his duty efficiently. It is a mandatory requirement at most places and credentialing is important to get impanelled with the insurance companies and ensure a smooth revenue cycle.

From where to get credentialed? There are several credentialing companies that offer the best services at highly affordable prices. Med Advantage, MD credentialing, Access healthcare, HRX etc. All of these are providing highly professional services. However, out of all the top credentialing companies in the USA, HRX has emerged as the leader because of its expertise, professionalism and affordability.

HRX offers excellent services and some of the salient features are:

a) Provides Medicare and Medicaid provider enrolment and credentialing b)HRX provides revalidation services for medicare and Medicaid c)It offers CAQH registration d)There are experts to perform the services as the staff has worked for over 20 years with leading clinicians. e)Proper client records are maintained to ensure that there are no delays in the re-validation process.

Credentialing is not a very easy task. It involves a series of steps that are time- consuming and confusing. The medical staff might end up wasting their precious time on administrative work. So to save their time and energy, it is best to outsource the service to some experts who are qualified to perform the task without any glitches.

With HRX, medical professionals can sit back and relax as all the work is handled by the team of experts. The utmost care and precision are given to each individual so that the task can be done as quickly as possible. It ensures that the clinicians pay less attention to the frustrating paperwork and concentrate more on their practice.

Proper credentialing is of utmost importance to maintain an effective revenue cycle. It can increase your revenue and ensure that the insurance company reimburses the money for the treatment provided to the patients.

At HRX the experts collect all the necessary documents from the clinicians and get the application form filled. After this, they get the practitioner registered separately with the insurance company and follow up with each one of them to fasten the process. It generally takes 30-120 days to complete the process. HRX ensures that correct documents are presented so that there are no rejections or delays.

Undoubtedly several credentialing companies are offering the best services, but, the credentialing provided by HRX is efficient as well as highly affordable to suit the needs of all.

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How much can a certified provider enrolment credentialing specialist make?

Provider enrolment credentialing specialists work in the medical field to ensure that the credentials and licenses of the medical service providers are up-to-date and accurate. They research and apply with the insurance service providers and ensure that all the documents are complete. By handing over the work to enrollment credentialing specialists , the clinicians can practice without having to worry about any administrative details.

They take care of the initial credentialing and also update the records as and when required. The clinicians need not worry about the completion of documents with every insurance provider. The experts enroll the clinicians as well as keep checking with the insurance companies for complete enrolment.

Credentialing is essential because it provides authenticity to the clinicians as their documents are verified in the process and they are impaneled with various insurance providers so that the patients can get treated easily. It has become essential for clinicians to get credentialed with the insurance panels.

Due to the increasing demand, the need for certified provider insurance credentialing specialists has also increased. Further, the competitive salary and excellent working conditions motivate people to get into the job of credentialing.

Qualification for becoming certified enrolment credentialing specialist

Much of the work as a credentialing specialist is done independently. Some jobs require a bachelor’s degree while some even work fine with a high school diploma. Many agencies and hospitals even provide on-the-job training to make their staff efficient in the work of credentialing.

Strong computer skills and verbal skills are required to perform the work efficiently. The specialists should be certified for which there are several courses and an exam needs to be passed. The course enhances your skills and makes you much more proficient in the job of a credentialing specialist. It also increases your payout.

Moreover, a candidate performing this job needs to have high integrity as the job requires a high level of confidentiality while dealing with medical records. According to the HIPAA guidelines, maximum privacy is to be provided to the patients and their records are to be kept safely.

How much does a certified credentialing specialist make?

The pay of a credentialing specialist varies with the location and experience. In the USA, a certified medical credentialing can expect to earn $40,677 as of May 28, 2020. The range for the salary mostly falls between $36,536 and $45,953. According to the data given by payscale.com, an expert can expect to earn $43,973 with proper certifications.

The salary varies widely for credentialing experts. It depends on many important factors which include the education level, certifications, additional skills, experience, and location.The need for certified provider credentialing experts is expected to rise in the future and therefore people can expect better salaries but more competition. Getting a certification is essential to survive in the competitive job market and worn proficiently. Credentialing is a complicated process and takes 60-90 days for completion. If any document is missing, the application is rejected due to which they need to be careful at the very time only.

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Credentialing service is so famous, but why?

Medical credentialing has become quite famous and everyone- right from medical practitioners to patients, is talking about this service. It is a process by which the healthcare organizations, insurance networks and hospitals check and confirm the qualification of the medical professionals. It enhances the trust of the hospitals and patients in the medical practitioner. These days every doctor is required to file their documents related to qualifications, experience, education and other aspects with the insurance companies who verify and assess the information provided. This ensures that the doctor is qualified enough to treat the patients and helps build trust.

Medical credentialing is becoming highly popular these days because:

It enhances the trust of the patients

Trust is the basis of a doctor-patient relationship. Only when you trust your doctor, you will follow his advice and take the treatment according to him. The qualification and experience of the doctor play a key role in building trust for him/her. Often when the patients have to consult a doctor, they look up the list of doctors who are enlisted in the insurance panel and from there; they judge the doctor through their qualifications and experience. It enables the patients to put in their trust in the doctor as the qualifications help people to judge the efficiency of the doctor to some extent. Through credentialing everything about the doctor is verified which can help in building trust and confidence.

Increases the revenue for medical service providers

Most of the patients these days seek treatment through the insurance policy. The patients look up to the list of doctors provided by the insurance company and after looking at the qualification and experience of the doctor, they go to him for the treatment. When doctors are listed in the insurance panel, it increases the number of patients which directly increases the revenue. On the other hand, it ensures that the medical reimbursement process is quick. In the absence of credentialing, the insurance company can delay reimbursement which is a loss for the medical service providers.

Maintains reputation

The doctors can maintain their reputation and online presence with the help of the credentialing process. Patients have become much more aware and vigilant these days. Before approaching any doctor, they prefer to check their qualifications and reviews on the internet. Medical credentialing ensures an online presence for the doctors which increases their reputation in the mind of the patient.

Essential in the hiring process

Many hospitals hire doctors these days only when they have proper medical credentialing. The process of credentialing lists down the qualification, career history, skills, education, training and all other essential details of the doctor. This makes it easier for hospitals to get to know about the doctors even before hiring them. It also makes it easier for the doctors to get insurance reimbursement for the patients treated by. Because of these reasons the hospitals prefer to hire doctors who have got their medical credentialing done as it saves them time and money.

Credentialing has become imperative to the practice of medicine. It ensures that the doctors are listed on the insurance panels and anybody can verify their qualifications, experience and other credentials which make it easier for the patients and hospitals to trust the doctor. It provides authenticity to the practice of medicine and ensures smooth payment inflow.

The reason it has become so famous can be well attributed to the benefits it provides and the way it has revolutionized the medical profession. Assessing the qualifications and experience of the doctors well in advance can save the hospitals from several liabilities and unwanted lawsuits which can come up when the doctors are incompetent.

So to ensure a solid patient base, every medical practitioner should concentrate on getting credentialed. The process has become much easier now as it can be easily outsourced to a third party.

HRX is an experienced firm which provides credentialing services at nominal charges. The firm collects all the data from the doctors and files them with all the insurance companies in the required manner. They ensure that all the documents are provided properly to the insurance companies and also verify with them to ensure successful credentialing.

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Are you searching for CAQH enrollment, Credentials Verification Organization (CVO) healthcare credentialing in USA? We also make sure minimum paperwork for you while we do maintain the yearly records as well.

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5 Factors That Affect Credentialing Services Longevity

In recent times, the credentialing services have become all the more important for the patients as it helps in instilling great confidence in the abilities of the healthcare providers. Most of the health insurance companies, hospitals, clinics, medical practitioners, and doctors require this process to take care of the patients in the best possible manner.

Below are mentioned a few factors that affect credentialing services and have a great impact on their longevity, as well as, effectiveness:

1. Data management- Inefficient management of data security, data segmentation, and data storage will lead to havoc when it comes to a proper credentialing system. As far as the offering of adequate credentialing services is concerned, efficient data management will ensure that the credentialing services are done most effectively. Data integrity will be maintained.

Also, a centralized credentialing will improve the process of credentialing efficiency. The repetitive tasks will be eliminated, revenue cycle management will get boosted, and the medical industry will remain competitive. Also, centralized credentialing solutions have a great impact on data integrity. With the help of centralized data management systems, two or more healthcare facilities will be sharing the cost of credentialing service providers, thus, saving on the total costs required.

Further, cloud-based data storage and management have resulted in the gathering of optimum information by the medical practitioners.

Thus, we can say that multi-tier database hierarchical levels, timely provider and payer updates, and intuitive database helps in establishing an advanced and sophisticated infrastructure where data can be segmented easily based on the healthcare facility, locations, groups within the facility, provider specialists, and departments. The perfect credentialing services can engineer the best solutions to ensure that the credentialing services offer maximum success.

2. Latest and advanced technology - If the credentialing service solutions employ highly advanced healthcare systems, it will help to save a lot of potential wastage of money by coordinating and standardizing administrative procedures and policies in the medical industry. Once the credentialing software solutions are customized, it will help in optimizing the revenue management cycle, thus decreasing the overall costs.

Automating the workflows help in reducing the collection of the required information from the physicians, auditing the accuracy of the data provided, validating the certificates and the data, developing a customized credentialing strategy based on individual needs, managing the profiles of the providers, and following up with the payers. Customized credentialing services can be very effective in replacing the traditional manual workflow of credentialing services.

Recently, cloud credentialing has gained a lot of importance in the medical industry. Such innovative software ensures an intuitive, real-time dashboard that will enhance productivity and eliminate the duplication and redundancy in the work processes. Also, automated workflows offer a seamless and smooth process for online verification, expiration management, attestation aging, onboarding options, credentialing metrics, and much more.

3. Online streamlined verification- The benefits of online provider verification are essential for emphasizing on the importance of healthcare credentialing services. Online verification helps in streamlining the process of online validation of the healthcare provider’s submitted certificates and credentials. Cutting-edge cloud credentialing software solutions assist in acquiring, obtaining, and assessing accurate, up-to-date information regarding various healthcare providers, doctors, and physicians including skilled labs, nurse practitioners, and skilled health nursing facilities.

4. Customized credentialing tracking software- The automated alerts and expiration reminders in insurance credentialing software helps in keeping a good track of the certificates and documents that are about to expire or change their performance according to metrics. A customized credentialing tracking software ensures that complete visibility into the profile of the healthcare provider along with smart notification settings, as well as, an automated email reminder is updated regularly.

5. Comprehensive credentialing reports- Intuitive, complete, and comprehensive credentialing reports can send a query and recover insightful information along with customizing reports in various formats. Accurate and timely preparation of these reports is essential to address all the credentialing challenges.

Ad-hoc reporting, summary management reports, built-in reports, facility summary, institutional summary, provider summary, and re-appointment of data are provided regularly through credentialing services which further ensures the longevity of the credentialing solutions.

Ultimately, proper data management systems, advanced technology, systemized online verification processes, customized credentialing tracking software, an intuitive and comprehensive credentialing report are the important factors that provide a comprehensive reporting system, customized solutions and tracking systems.

With a dedicated credentialing focus, healthcare organizations can ensure that the patients are receiving the best services and care from the most professional and highly qualified healthcare professionals who have undergone the most stringent levels of scrutiny regarding their ability to practice medicine. So, the basic aim of providing every credentialing service is that the consistent standards are maintained with the right priority in place: high-quality patient care.

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Are you searching for Medical license, Telemedicine and medical credentialing services in USA? We also make sure minimum paperwork for you while we do maintain the yearly records as well.

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5 Useful Tips from Experts in Provider Credentialing

Credentialing has become excessively popular in the medical world. It is the process by which the insurance networks, hospitals, and other healthcare organizations verify the details of the doctor and get them registered with the insurance providers so that they can get the reimbursement from the insurance providers promptly. No doctor can continue to work if they don’t get paid for their services and to get paid, credentialing is a must for all medical practitioners. The absence of credentialing can lead to loss of revenue for the medical service provider which is highly undesirable.

Here are five useful tips from experts in provider credentialing which can make the entire work easy and smooth for you :

1. Start early

The first and foremost requirement is to start early. Credentialing can be done within 90 days and if we think, it seems to be quite a long duration however 90 days are not enough. It is best to start the credentialing process almost 150 days before the practice so that all the formalities can be completed well in time and any technical or document glitches can be taken care of. The insurance companies have their ways of working and they might delay the process on their end so it is always better to start early.

2. Stay organized

While filing your application it is important to stay organized. For that, you should make a checklist of the documents that are required and arrange them well in advance. It is necessary to check properly that all the documents have been submitted in the required format so that there are no problems. The application should be complete with no missing, outdated or incomplete information. Make sure that you provide all the up-to-date information. Also, you should keep a record of the submission dates of every application and make sure to send constant reminders and enquire about the application process to make sure that you don’t miss out on any of them.

3. Stay updated with CAQH

The Coalition of Affordable Quality Healthcare (CAQH) is widely accepted by a lot of payers so the medical providers need to update and attest their information with the CAQH to ensure smooth credentialing and credentialing process. With CAQH the practitioners can make an online credentialing profile that can be easily accessed by the online companies to record the information of the doctors on their insurance panel.

4. Be aware of the state Regulations

Every state has its laws for the credentialing process and there may be reciprocity agreements based on the payer and other credentialing organizations of the state. Understanding the state regulations help in easy and efficient credentialing without any delays and errors. It ensures that you receive the payments timely and efficiently.

5. Maintain a sustainable credentialing process

Creating the workflow for credentialing is difficult but it should be done properly as it helps in the long run. All the necessary documents and forms of the medical practitioners must be maintained in the workflow even if the credentialing process is outsourced. Credentialing is not a one-time process and the need for re-credentialing arises after every 3 to 5 years so it is best to keep all the information stored in the workflow and keep updating it to ensure quick re-credentialing.

In the current scenario, it is best to outsource the credentialing service to trusted providers like HRX. This leading firm has experts who work for the medical service providers round the clock and provide the best credentialing services. Through their experience and efficiency, they make sure that all the documents are submitted in the correct format and on time. The firm also follows up with the insurance providers on a timely basis to avoid any delays.

Outsourcing the service is beneficial as the hospitals need not keep a separate staff member to perform all these tasks which can be done by a team of experts in a highly affordable and secure manner from outside. Moreover, being the experts, the credentialing companies are very well aware of all the rules and regulations along with the relevant laws of different states which makes the process easier and more efficient. With HRX you can be well assured that your credentialing process will be completed well in time without any hassles or errors.

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What is a PECOS credentialing?

What is PECOS?

PECOS stands for Provider Enrolment, Chain and Ownership System and it is an excellent alternative to paper applications as it allows the users to securely submit and manage medicare enrolment information electronically. It provides an electronic database to record and retain data of the medicare enrolled suppliers and providers. It was very helpful in recognizing the illegal medical providers as all the providers, suppliers and people were linked through this system. It makes the task of licensing and enrolment easier for medical service providers and enables them to work in a hassle-free manner.

Why PECOS?

PECOS was developed by CMS under the provisions of the Patient Protection and Affordable Care Act. According to the regulation, all the physicians who order or refer home healthcare services or supplies have to enroll with the Medicare or PECOS to continue their service. From January 6, 2014, the CMS started denying claims for Medicare home health services or supplies from all the physicians who were not registered in PECOS. Physicians who care for Medicare patients should necessarily get themselves enrolled in PECOS so that their patients can receive the care and supplies they need in a timely and effective manner. It is an essential requirement for all the physicians if they are dedicated enough to provide the best care and treatment to all their patients.

Registration with PECOS

Registration with the PECOS is completely free and it is fast and easy. It ensures that the patients can receive the care that they need as and when they need it. The medical practitioners or the service providers can either do the process themselves or they can get it done through a third party like HRX which can save you from all the cumbersome paperwork. The steps in the registration process are: Arrange all the documents and information that is required and are mentioned in the pre-enrolment checklist of the PECOS. It is necessary to arrange all the documents properly so that there is no delay or denials in registration and payments.

Go to the official website of the PECOS and register yourself for a user account. The link for the same is provided on the website.

Continue through the entire process to register you with the PECOS. Accept all the terms and conditions and click on the accept button once the registration is complete.

After completing the application you are required to print, sign and put the date on the certification statement provided over there.

Mail the certification certificate duly signed and filled by you along with all the necessary documents to your designated Medicare contractor. The process should be done within 7 days of submitting the document electronically.

PECOS credentialing is very easy and it is necessary for all the medical practitioners as it ensures that they get paid for their services and can provide home health services without any hassles. With the internet-based PECOS, all the physicians, non-physician practitioners, medical service providers, and all the other supplier organizations can enroll and modify their Medicare enrolment, view the entire Medicare enrolment information, or check on the status of a Medicare enrolment application on the internet. Thus PECOS credentialing is important to continue the practice in the best manner as well as provide the best care to the patients without having to worry about any verification or payment delay and denials.

HRX- The leading credentialing company

HRX is a leading organization that provides credentialing, enrolment and licensing services that can help you a lot by eliminating all the extra paperwork and making the work easier for you. The team of experts handles the entire process for you while keeping the record most efficiently. The team of HRX has worked with more than 10,000 healthcare professionals for over 10 years because of which they can speed up the work of the PECOS credentialing. The entire application, enrolment and re-validation are handled by the team of HRX is a cost-effective and quick manner. After registering yourself, it is necessary for the medical practitioners to re-validate and updates the information every 3 to 5 years. Even that work is handled by the team of experts to ensure that there is no delay. So if you are worried about the PECOS credentialing, then HRX is the place for you!

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Medical payer credentialing is the business process by which hospitals, insurance networks, and healthcare organizations assess and confirm the credentials, qualifications, and experience of a healthcare provider or professional.

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PECOS stands for Provider Enrolment, Chain and Ownership System and it is an excellent alternative to paper applications as it allows the users to securely submit and manage medicare enrolment information electronically.

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What is CLIA registration and what is its purpose?

What is the meaning of CLIA?

The clinical laboratory improvement amendments of 1988 is a federal program governed by CMS- Centers for Medicare and Medicaid Services. Its main purpose is to create and establish quality standards for clinical laboratory testing to make sure that the test results of all the patients are reliable, timely and accurate. The goal of CLIA is to monitor the patient test results in the hospitals, laboratories, medical physicians and practitioners, and clinics of the particular state in which they are located.

In the ordinary sense, a CLIA certification has to be obtained by the organizations that are going to perform laboratory testing on the human specimens such as blood, body fluid, and tissue, for the major reasons related to diagnosis, prevention as well as treatment of a particular disease. A CLIA certificate is required before performing such tests so that quality standards could be established.

Who needs to obtain a CLIA certificate?

Any organization authorized to perform laboratory tests on human specimens for the treatment or diagnosis purpose is mandated to obtain a CLIA certificate by federal law. An organization must obtain and maintain a CLIA certificate if it is going to perform such tests which are considered to be laboratory tests according to the federal law. It is immaterial whether such laboratory tests will be reimbursed or not. A CLIA certificate will have to be obtained.

Are there some kinds of tests that do not require any certification?

Yes, there are a few exceptions that do not require the certification. Below are mentioned some of the tests for which a CLIA certification is NOT required:

Blood draws

Specimen collections

Any laboratory that is conducting only Forensic testing

Drug testing for employment purpose

Laboratories that are certified by SAMHSA, in which drug testing is performed as per the guidelines issued by SAMHSA. However, a CLIA certificate is required in all the other tests as conducted by a SAMHSA (Substance abuse and mental health services administration) certified laboratory.

In short, if you are not going to perform any on-site testing, you need not obtain a CLIA certificate in such cases. The main purpose of the test will determine whether it requires a CLIA certification or not.

Do I need to obtain a CLIA certificate?

Generally, CLIA mandates that all the facilities performing even one of the applicable tests on any “type of materials derived from the human body such as blood, body tissue, etc. for diagnosis, prevention or treatment of any disease, or for the assessment of health”, need to conform to certain federal requirements.

If a facility/organization performs any such applicable test, it will be considered as a laboratory test as per CLIA and the facility will generally have to obtain a CLIA certificate that corresponds to the complexity of these tests. In addition to this, there is a point to be noted that you will not require to obtain a CLIA certificate if you are located in any of the states of Washington or New York, as these states have their own operated laboratory regulatory programs. You are required to contact the appropriate agency in the state to determine whether you require a CLIA certification or not.

Types of CLIA certificates

Generally, all types of certificates are valid for two years. Some of the CLIA certificates are — certificate of waiver, certificate of registration, certificate of compliance, certificate of accreditation.

Additionally, there are 7 CMS-approved accreditation organizations which are listed below-

AABB

College of American Pathologists

American Society for Histocompatibility and Immunogenetics

The joint commission

COLA

American association for laboratory accreditation

How should I apply for a CLIA certificate?

The CLIA application form is very easily available online (Form CMS-116). Complete your application and send it to your local state agency in which the laboratory is situated. In addition to this, check for any other specific requirements that might be demanded by your state agencies. If you are not able to find your state agency online then you may contact their helpline number and get the details of your state agency. In case, you are looking forward to any kind of details related to CLIA certification, you should contact your state agency and get the information on priority.

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The clinical laboratory improvement amendments of 1988 is a federal program governed by CMS- Centers for Medicare and Medicaid Services. Its main purpose is to create and establish quality standards for clinical laboratory testing to make sure that the test results of all the patients are reliable, timely and accurate.

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Are you searching for Medical license, Telemedicine and medical credentialing in the USA? We also make sure minimum paperwork for you while we do maintain the yearly records as well.

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How do you get your insurance credentialed?

Credentialing has become a part and parcel of the medical profession. Getting yourself credentialed with the insurance companies is becoming necessary these days as it ensures ease of doing business. It can be confusing for some while overwhelming for others. But undoubtedly it is a lengthy and complicated procedure which cannot be avoided by medical practitioners.

Through the credentialing process, the insurance companies verify your education, training, and professional experience to ensure that you meet the internal requirements that have been set up by them for serving as their in-network provider and be listed on their panel.

The insurance companies provide web-based directories listing all the in-network providers of their insurance policies. These equipped directories are updated from time to time and are used by the consumers to locate the desired doctor for their treatment who accepts their insurance.

Once the medical practitioner will be registered, it becomes easier for the patients to locate the desired doctor in their area or according to their specialty. It can increase the revenue of the doctors as they can easily verify the insurance policies of the patients and can settle the claim of the treatments and receive payments quickly. Credentialing is important for a smooth revenue cycle.

The process of insurance credentialing

The first and foremost step is to identify the insurance providers with whom you should get credentialed. The best way to identify them is to ask your peers or seniors who are already in practice. Practical knowledge can prove to be highly valuable.

Once you have got the list, contact the insurance provider and enquire about the credentialing process and get the credentialing application forms to be filled.

Complete the application and provide all the necessary details about your education, training, practice, specialization etc. and attach the relevant documents.

Make sure that your CAQH profile is up to date and all information has been provided particularly the information about practice location. Copies of all required documents like the license, insurance, board certifications, etc. should also be provided.

Retain a copy of the application form for your future reference.

Once you have completed the application form and submitted it, follow up with the insurance company regularly to ensure that it has been accepted in the desired manner.

Review the contract to see the details of the provider and check up on the fee schedule and all the contract terms.

Well, the entire process is a lengthy one and involves a lot of steps and follow-ups. This leads to wastage of time and efforts of the medical practitioners as they have to spend a lot of time in filling the applications and following up with the insurance company to ensure that the application has been duly accepted or not. Getting credentialed is important because it increases the revenue and provides the medical service provider with all the updated details of the practitioners.

The process takes almost 2 to 6 hours for each application and further, more time in following up. The medical practitioners can instead spend this time on treating the patients by outsourcing this process to experts who can perform the entire work for them at nominal charges. At times the credentialing process may even take several months to complete as the insurance company might not be accepting new applications on their panels or the network might not be accepting any application in your service area. In such a situation you might have to apply after every 6 months. Even changing the employers may demand fresh application depending on your contract.

Credentialing with HRX

HRX provides specialized credentialing, enrolment and licensing services which can eliminate the frustration of the paperwork and time spent on the application process by handling the entire work for you. It provides expert services in credentialing along with CAQH registration which involves registration with the Universal credentialing Data source. So even if you are new to the practice or you have years of experience, HRX can help you in the best way by making the entire process easier and quicker for you.

The firm has worked with over 10,000 healthcare professionals from the last 10 years and along with the initial credentialing, it also helps you keep a track of the expiring documents. Credentialing has to be revisited and updated after every 3 to 5 years and with HRX even that can be done easily. So if you are already worried about the credentialing process, get in touch with HRX to avail the best services.