As hospitals and physician practices employ more medical professionals, the proper credentialing of those professionals becomes increasingly important to the entire revenue cycle process.
A tremendous amount of reimbursement, legitimately due to hospitals and medical practices, is lost due to incomplete, incorrect, or delayed completion of required credentialing. And that is not entirely surprising in that credentialing is voluminous, varies by payer, with payer requirements changing over time.
It is therefore very difficult to keep up with credentialing requirements, and hospital staff is understandably focused on new provider employment and contracting, and is often not focused on proper credentialing. But as proper credentialing is a threshold requirement in order to establish claims reimbursement for a given payer, credentialing is a critical part of the overall revenue cycle management process.
Precision has a dedicated credentialing department, with significant experience in credentialing, focused on making sure that this all-important but often overlooked requirement is properly and timely managed. Hospitals and physician practices that engage Precision to provide credentialing support for their providers can be assured that all requisite credentialing work is effectively and professionally completed as it should be, fully supporting underlying revenue cycle processes.
"Precision not only helped me set up my practice from top to bottom, but also kept my office running smoothly and successfully. We are so pleased with all of Precision’s services. From EHR support, credentialing, billing and coding to marketing and web to IT support, all of my business needs are addressed diligently and promptly. The Precision staff is professional, knowledgeable and attentive. There are few companies out there who are able to provide the entire package when it comes to running the business behind the medical practice, and Precision is the absolute best. I would highly recommend Precision to anyone looking for a well-rounded, experienced company for medical business needs."