Why Obtaining Physician Credentialing Services Can Be Beneficial?

Outsourcing physician credentialing services is slowly becoming a norm in the US and other countries due to several reasons. For one, recent health care reforms mean that more people have insurance and are using it to pay for their medical care needs. This has resulted in more work for the in-house credentialing team. In theory, the increasing number of patients should bring in more money—but this is not the case. Because of the hassle and laborious process of credentialing, most private practices and even large hospitals face claim delays and rejections.

With the help of physician credentialing services providers, your organization can avoid such problems. Simply outsource this task to a dedicated third-party service provider and let them take care of everything that is involved in this process, so you can focus on providing the best care to your patients. The following are some of the benefits of outsourcing physician credentialing services.

1. Simplified process

Credentialing is time-consuming and can be a cause of stress for employees who probably have many other tasks in your organization. Outdated systems and spreadsheets can make the problem even bigger. A physician credentialing provider can simplify and streamline the entire procedure using their proven effective process flow and systems. They handle everything smoothly—from application, approval, reviewing, monitoring, to reporting.

2. Increased accuracy

The main reason for claim rejections is human error—usually it is a small mistake in medical coding. If members of your staff are spreading themselves too thin, they tend to commit more mistakes. Why don’t you outsource this function instead and free up your team so that you can all focus on your core services? Let experts handle your physician credentialing requirements. These teams are updated with all the changes and upgrades to insurance plans, and they have systems in place to minimize or even eliminate human errors. With accurate credentialing, your healthcare practice can benefit from timely revenues.

3. Reduced labor cost

The cost of credentialing are higher than you probably think. Look closely and you will realize that employee overtime due to too much workload and error correction is costing you a lot of money. Outsourced physician credentialing services are beneficial not only for your burned-out employees but also for your practice as a whole. According to research, outsourcing can also help healthcare providers save up to 40%.

E-care India is one of the pioneering offshore medical billing companies based in India that promises to avoid the risks involved with missed Charges.