6 Incredible Tips For Medical Credentialing Success - PowerPoint PPT Presentation

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6 Incredible Tips For Medical Credentialing Success

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The best practices recognize that medical credentialing is urgent in healthy RCM. Here are the 6 fantastic tips for effective medical credentialing. – PowerPoint PPT presentation

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Title: 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 doesnt 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 nobodys credentialing expires.

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4. Understand Your States 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.

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5. Advanced Software For Monitoring
  • No need to depend on the administrative staff in
    tracking your compliance manually.
  • A Cloud-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.

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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.
  • Thats the reason most of the advanced healthcare
    organizations are started outsourcing their
    medical credentialing process to the best
    healthcare service provider like CapMinds.

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

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  • Read More About Medical Credentialing
  • _at_
  • CapMinds Blog

11
CapMinds Credentialing Services
  • Contact us
  • CapMinds Technologies
  • 42240 Mason Ridge Ct, Brambleton, VA 20148
  • 1 571.213.3245
  • info_at_capminds.com
  • https//www.capminds.com
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