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.
"My practice has evolved over many years from internal medicine to the treatment of venous disease in Greenville, South Carolina. Precision started out providing practice management software support to my office, as well as medical claims billing services and they have always done an excellent job with that. Most exciting however, is my conversion to the Encite Clinical Manager electronic health records software. I have completely eliminated outside transcription in favor of EHR note creation capabilities, so that for all aspects of my practice I am much more quickly and effectively treating my patients and documenting my encounters. I would highly recommend Precision to any other doctor needing EMR software and/or medical billing services."