Credentialing improvements such as standardizing and/or centralizing, integrating with practitioner recruitment and enrollment, leveraging data across the network, and, in some cases, achieving delegated credentialing agreements with third-party payers are resulting in optimal practitioner application turnaround time and outcomes for top health systems and hospitals such as:
- Significant cost savings and improved ROI from greater efficiencies and economies of scale
- Expedited revenue: Practitioners quickly processed, authorized to practice, and enrolled with payers means revenue in the door sooner
- Risk reduction: With efficient, high-quality application processing there is less pressure to grant temporary privileges (and therefore less clinical and legal risk)
- Practitioner satisfaction: Less paperwork and delay combined with quick authorization to practice = happy practitioners
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