Fifth Avenue Partner Spotlight on Anders CPAs + Advisors

Healthcare providers applying for a state license can find themselves lost amid their specific state’s requirements and everything they must compile and submit. Anders CPAs + Advisors can help them find their way.

Anders CPAs + Advisors is a trusted partner of Fifth Avenue Healthcare Services (FAHS) and our sister brands, 5ACVO, Fifth Avenue Agency, and Primoris Credentialing Network. Our relationship benefits not only each other but also providers across the country.

The Anders Solution to Licensing

Medical licensing is a process that might seem intimidating, especially to busy physicians. Knowing all the intricacies can make it easier, but applying for a medical license remains a painstaking task.

If you are a provider seeking a medical license, you will have to:

  • Fill out and submit the application to the state board where you want a license: You must know that requirements vary from state to state. Each state’s application should communicate what documentation is required.
  • Contact all of your primary verification sources: You will need to gather all your exam scores and medical school and post-graduate training verifications. The documentation you will have to collect includes the following:
    • Your current CV
    • Medical school verification
    • Documentation of USMLE exam completion
    • Diplomas
    • Post-graduate training verifications (if applicable)
    • References
    • Fingerprints
    • Medical malpractice claims history (if applicable)
    • Proof of hospital privileges
    • Current or past licenses
  • Disclose all information: Licensing boards will research your history. If you present information regarding any professional adverse actions in your past, you may look better than had you concealed the circumstances.
  • Submit all your documents to the board for review: State boards occasionally require documentation directly from the source rather than the applicant. Being prepared can facilitate the process.
  • Follow-up: You might need to contact the medical schools, training programs, and hospitals to ensure they have verified your credentials. Sometimes, you will have to ask them to expedite their work persistently. Following up with state licensing boards may shorten your wait.

The time it takes to receive a medical license varies from state to state. Diligently performing each step of the application process can result in a short wait time. That, however, can take a lot of time out of a provider’s hectic schedule. Anders Health Care removes most, if not all, the application responsibilities from providers’ shoulders.

Providers can be assured that Anders Health Care advisors:

  • complete license applications efficiently and correctly to save providers valuable time.
  • ensure that providers comply with all licensing laws to streamline the process.
  • submit applications to the appropriate state licensing board.
  • complete and submit all required third-party verifications to the proper credentialing entity.
  • follow up until the board receives all items.
  • continuously communicate with the board for updates and with the provider until the board renders a licensing decision.
  • stay updated with recurring license and DEA registration renewals so the provider knows their licenses and registrations remain active.
  • stay up to date with changing requirements and forms to alleviate the strain on providers.

Physicians must renew their licenses periodically, typically every 1 or 2 years, to continue practicing medicine. During the renewal process, physicians must show that they have maintained the standards of ethics and medical practice. Most states require physicians to prove they have participated in a continuing medical education program. While it is the provider’s responsibility to obtain all certificates when they complete their continuing education, Anders Health Care advisors regularly contact the provider to stay current with their state’s education requirements.

The Fifth Avenue Healthcare Services Solution to Credentialing

Fifth Avenue Healthcare Services’ credentialing company, 5ACVO, has reduced the necessary steps to obtain a complete file from 52 actions to 6 simple steps.

52 Step Credentialing Process

Providers and their practice’s office staff will no longer:

  • send, track, and receive the provider application packet.
  • obtain the provider’s release and privilege forms.
  • review the disclosure’s questions and answers, explanations of time gaps, and any medical malpractice claims history.
  • collect applicable certificate copies of Board, ECFMG, Medical School, Internship, Residency, Fellowship, and two years CME.
  • get copies of government-issued photo ID, Malpractice, DEA, and CDS.
  • acquire CPR, ACLS, and PALS certificate copies.
  • obtain TB, MMR, varicella, and flu vaccination records.
  • attest any conflict of interest.
  • get a provider release and order a 10-year criminal background check.
  • obtain an Allied Health Professional’s Supervising Physician’s Statement.
  • verify board certification, medical school internship, residency, fellowship, and affiliations.
  • review and confirm AMA and AOA Profile.
  • confirm state medical licensure.
  • obtain professional peer references.
  • research primary and out-of-state licenses for disciplinary actions.
  • verify DEA and CDS certifications (if applicable).
  • obtain a copy of the provider’s current certificate of insurance.
  • verify any Medicare and Medicaid sanctions (OIG) and exclusions (SAM).
  • run a National Practitioner Data Bank query.

Fifth Avenue Healthcare Services has a team of credentialing experts doing this primary source verification branded as 5ACVO. 5ACVO has pared the traditional credentialing process of 52 conventional credentialing steps down to 6 simple steps to have a completed credentialing file ready for review. Simplifying the credentialing process down to 6 simple steps grants providers lower costs and less work. Using 5ACVO can be an effective business strategy to reduce the time a provider spends in the credentialing process and increase billing revenue opportunities by helping a provider begin to see patients sooner than the time typical credentialing outside a CVO would take.

Using research from Merritt Hawkins and NAMSS, this equates to an estimated average of $47,196 in additional billing opportunities per provider credentialed with 5ACVO.

The goal of simplifying the credentialing process does not end there. Providers will be given ONE dedicated point of contact, ONE email, and ONE phone number to refer to while having a team of experts all standing at the ready. This specialist is a member of 5ACVO’s experienced team, which has amassed a staggering 385+ years of combined experience. Providers will only have to keep track of ONE email address and ONE phone number if they need assistance.

ONE data management system and ONE point of contact for anything and everything you need to ensure peace of mind when completing the credentialing process. Without innovative technology and experienced specialists, 5ACVO would have never reached this level of administrative simplicity.

Anders CPAs + Fifth Avenue Healthcare Services

Fifth Avenue Healthcare Services + Anders CPAs

Although we here at Fifth Avenue Healthcare Services do not apply for state licenses on behalf of providers, our core credentialing and provider enrollment services are complementary in that once a doctor has their license, they must complete the credentialing and provider enrollment processes to start work and begin billing. Licensed providers must complete the credentialing process and provider enrollment process to start seeing and correctly billing patients with payors. If providers need assistance obtaining their license for the first time or if they practice in a new state, they can reach out to their Fifth Avenue point of contact. We will connect them with the right people at Anders. Additionally, Anders will collaborate with Fifth Avenue Healthcare Services, 5ACVO, and Primoris Credentialing Network for Ander’s provider clients needing credentialing. This prime cooperation benefits both companies’ clients. Providers can get licensed and begin working in record time.

Both companies take pride in our abilities to deliver stellar results for our clients and community. When we strive to achieve our highest potential, we challenge ourselves to be the best we can be. Our focus on what matters most fuels us to give our clients a smarter, simpler, and better credentialing solution. Our teams can confidently deal with the unexpected. Knowledge and expertise drive success, but they are only one piece of the whole picture. Doing the right thing can promote an environment of trust and respect. All these elements comprise energy that other companies rarely surpass.

Anders CPAs + Advisors and Fifth Avenue Healthcare Services want to be the only companies you think of when applying for a medical license requiring credentialing or provider enrollment services. We want to be the healthcare partner you think of first for all your medical license, credentialing, and provider enrollment needs.

More information about Anders CPAs + Advisors

Founded in 1965, Anders CPAs + Advisors specialize in:

  • Audit and Advisory: Ensuring your financial statements are in order can help you confidently move your business forward.
  • Employee Benefit Plan Audits: These assessments can aid business owners in finding savings opportunities while remaining compliant with plan requirements.
  • Family Wealth and Estate Planning: Anders can help people prepare their financial futures with various services, including business transition, charitable giving, and education planning.
  • Outsourced Accounting: Anders can set up your accounting system and provide ongoing reporting, virtually becoming your company’s accounting department.
  • Tax Planning and Compliance: Clients can be empowered to make valuable decisions impacting their families and businesses.
  • Technology: Anders can teach clients how to leverage technology to innovate and improve their bottom line.
  • Anders can also assist with COVID-19 Business Recovery, SOC Reports, and more.

In addition to the healthcare field, Anders serves numerous industries:

Anders Health Care

Anders Health Care, the healthcare specialty group of Anders CPAs + Advisors, can manage all professional licensing needs, including state, controlled substance, and DEA applications in all 50 states.

Applying for a medical license can be complicated and time-consuming. Outsourcing the process can help providers focus on what matters most – their patients. Anders Health Care understands the details of every state’s requirements. They can expedite and streamline procedures for their clients and licensing providers fast. They collect all the credential verifications required to complete the license application using the appropriate process outlined by the specific state’s licensing board, ensuring timely submission.

Providers who use Anders Health Care as their licensing solution can save money, too. Anders Health Care advisors manage all the administrative tasks, relieving providers’ burdens. Providers can instead spend time growing their organizations and providing the best patient care.

Anders Health Care also offers providers and medical organizations the following:

  • Physician Practice Consulting: Revenue cycle analyses and operational assessments can address practices’ needs.
  • Tax Planning and Compliance: Providers and practices must pay taxes like anyone else. Anders can assist them with their local, state, and federal taxes.
  • Audit and Assurance: Advisors can help strengthen internal controls and identify areas that should be improved.
  • Technology Services: Anders advisors can work with an organization’s technology staff or the IT department to create efficiencies and optimize processes.
  • Forensic and Litigation: Anders can work with healthcare organizations on valuations, litigation, and fraud cases.

Anders Health Care presents providers with practical solutions to succeed in today’s healthcare environment. Their comprehensive view of the healthcare industry recognizes how every action affects a practice’s bottom line.

Clients who engage with Anders can make intelligent and informed decisions using Anders’ extensive financial and advisory services for physicians, individual practices, and multi-location health systems. Informed choices are essential in today’s competitive business world. The health of many companies depends on knowledge and expertise. Anders understands the healthcare industry well enough to offer valuable insights on a wide range of issues that impact the growth and visibility of an organization.

More information about Fifth Avenue Healthcare Services

Fifth Avenue Healthcare Services is a NCQA Credentialing Accredited family of healthcare companies. Sister companies include 5ACVO (credentialing and primary source verification specialists), Fifth Avenue Agency (MPLI and medical malpractice insurance specialists), and Primoris Credentialing Network (credentialing and provider enrollment specialists with 54+ health plan and network provider enrollment options).

Fifth Avenue Healthcare Services originally published this article here. For information on Fifth Avenue Healthcare Services, please visit FifthAvenueHealthcareService.com or Contact Us.

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