6 Incredible Tips For Medical Credentialing Success

1. 6 INCREDIBLE TIPS FOR MEDICAL CREDENTIALING SUCCESS www.capminds.com

2. Introduction • The most successful practices recognize that medical credentialing is an important step in healthy revenue cycle management. • Regardless of whether you are adding another healthcare specialist or opening your practice, you have to begin the credentialing cycle earlier to keep away from possible issues.

3. 1. Start Credentialing Earlier • Start your credentialing process earlier without making any delay. • Start the process with reference document collection, CVs, updated contact details & records, and all other important paperwork. • As the medical credentialing process is lengthy, the chances are high that it may directly impact your cash flow and reimbursement.

4. 2. Keep All Physician Information Up to Date • Without direct contact, dealing with credentialing or re-credentialing issues can take longer than it should. • So make sure your office manager or credentialing coordinator maintains complete, up-to-date contact information for every physician.

5. 3. Assigning a Credentialing Coordinator  • Some may prefer to outsource their medical credentialing services and some may take care of them in-house. • It doesn’t matter which one you prefer, but assigning a credentialing coordinator will help you to complete the entire process before deadlines and expirations. • He/she can send out timely reminders to ensure that nobody’s credentialing expires.

6. 4. Understand Your State’s Regulations • Your state may have its laws for physician credentialing, and it may have reciprocity agreements based on payer and other state credentialing organizations. • It means if you are registered with a payer in one state, the same payer can expedite your credentialing in another state. • You can look into getting professional medical credentialing services that can take care of the process for you.

7. 5. Advanced Software For Monitoring • No need to depend on the administrative staff in tracking your compliance manually. • ACloud-based billing software allows you to track your credentialing status easily from anywhere and at any time. • These platforms give you an option to set up alerts that inform you if any task is about to expire or is due in your RCM cycle.

8. 6. Outsource Medical Credentialing services • While the medical credentialing process can be difficult to implement and maintain, you must get it right. • This will guarantee a successful RCM that maximizes your practice revenue. • That’s the reason most of the advanced healthcare organizations are started outsourcing their medical credentialing process to the best healthcare service provider like CapMinds.

9. Whether you need help with medical credentialing or your entire RCM process, CapMinds experienced billing professionals are available to help you 24/7

10. Read More About Medical Credentialing @ CapMindsBlog

11. CapMindsCredentialingServices Contact us CapMinds Technologies 42240 Mason Ridge Ct, Brambleton, VA 20148 +1 571.213.3245 info@capminds.com https://www.capminds.com