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.
“I am extremely pleased with the quality of services and knowledge PPM provides. By outsourcing my billing I am able to trust that it will be handled with confidence; claims are submitted within 24 hours, and attention to detail is always be a priority. PPM has proven themselves to be experts in billing and collections with unsurpassed knowledge. Our reimbursements are maximized to their full potential. PPM staff are quick to respond to questions from our physicians and staff. Their continued service has resulted in a decrease in our accounts receivable and I can depend on PPM’s professional staff getting the job done right, and in a timely manner”