Physician Credentialing (For Providers)
Why is Credentialing Important?
- Physician and Non-Physician credentialing is extremely important to the financial health of a practice.
- Avoid denials and reimbursement delays based on credentialing, re-credentialing, or re-validation noncompliance.
- Insurance companies pay faster, increases patient referrals, negotiable rates, less claim denials, networking opportunities with payers, and much more.
- The credentialing process is approximately 90 to 120 days from when the application is submitted. Starting early is very important along with an active updated CAQH account.
- Statistics show 85% of applications submitted for credentialing by inexperienced personnel is missing critical information thus, delaying the credentialing process even longer.
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