3 Budget Benefits to Outsource Credentialing
3 budget benefits to outsource credentialing include: increase budget revenues, streamline budget costs and access a team of experts at a fraction of the cost.
October 1, 2021
Explore our healthcare blog containing crucial medical malpractice trends and key updates in the healthcare industry encompass a range of critical areas including Medical Professional Liability Insurance (MPLI) trends and changes in medical malpractice, advancements in primary source verification processes, and significant developments in provider enrollment and credentialing practices.
3 budget benefits to outsource credentialing include: increase budget revenues, streamline budget costs and access a team of experts at a fraction of the cost.
The four Cs of medical malpractice prevention are: compassion, communication, competence and charting. Contact us for more information on preventing a claim.
Doctor’s practices are closing due to COVID. 59% of polled doctors think COVID will lead to a reduction in independent practices. 8% of practices have closed.
Medicare pays more for telehealth services now than it did before COVID-19. The new payment rates are slated to end, but for now, the rates are firmly in place.
For a medical malpractice claim to be deemed legitimate, the 4 Ds of medical malpractice must be established: Duty, Direct Cause, Dereliction and Damages.
Credentialing is complex and expensive. Here are 20 ways working with a CVO can cut credentialing costs.
Here are four common and costly Medicare provider enrollment mistakes that medical professionals make when enrolling for Medicare. We can help.
5ACVO provides credentialing at 69% less cost than conventional credentialing and we have the data to back up those claims.
3 simple ways to screw up simplicity: overthinking, neglecting available tools and working with the wrong people.
3 unimaginable medical malpractice cases include a surgeon inserting a screwdriver in a patient and three doctors performing brain surgery on the wrong side.
Three qualities stand out as an integral component of a great credentialing team including Experience, Expertise, and lack of Ego (or the ability to manage it).
Primoris’ proprietary credentialing technology and highly experienced team combine to give us the tools to provide you a simpler provider enrollment experience.
Four legal elements of medical malpractice include (1) a professional duty owed to the patient; (2) breach of such duty; (3) injury caused by the breach; and (4) resulting damages.
Primoris simplifies delegated provider enrollment. With multiple health plan and network options, delegated provider enrollment is done with ONE application.
Medical malpractice and medical professional liability (MPL) are two terms that may seem similar but they are very different and require unique solutions.
5ACVO has a core credentialing mission of providing Smarter, Simpler and Better Credentialing. Smarter credentialing to us = less work and more control for you.
Provider enrollment is the provider credentialing and health plan application process that when complete and accepted, allows providers to be reimbursed.
Medical malpractice claims are costly and frequent. Here are the 4 largest medical malpractice payouts of the decade (2010-2020) including a $74,500,000 payout.
A CVO provides organizations with efficient credentialing processes that conduct a thorough verification on practitioners. 5ACVO streamlines this process.
A credentialing IPA is a group of independent providers sharing core values, aggregating together, creating efficiencies in the credentialing process.
MPLI is Medical Professional Liability Insurance and covers such areas as settlement cost, attorney fees and medical damages, not protection from criminal acts.
Primary Source Verification verifies a providers’ credentials such as their education, training, work history, license, certifications, peer reviews and more.
Award winners Fifth Avenue Healthcare Services and 5ACVO won for healthcare advertising from the 38th Healthcare Awards leading the way with excellence!
Humana is waiving PCP copays effective 5/1/2020 through 12/31/2020. Please visit humana.com/provider/coronavirus for details.
TriWest extends Patient Centered Community Care (PC3) referrals to a new expiration of Sept. 30, 2020.
Please visit humana.com/coronavirus for an important COVID update from Humana. This is a quick summary of the update.
To understand UnitedHealthcare reimburse services, please download the COVID-19 Provider Billing Guidance. Please check regularly for updates.
Join over 16,000 healthcare professionals, including physicians, surgeons, medical practices, rural hospitals, healthcare systems, and large medical groups, who have relied on Fifth Avenue Agency for comprehensive medical malpractice insurance solutions.