Credentialling & Enrollment
Credentialing and Enrollment proving to be a tedious task?
Looking for ways to reduce the stress levels, finish going through piles of printed material and manage the baffling demands of the insurance agencies, so that prime time can be spent in offering quality care service for your patients? Keeping up with credentialing and enrollment requirements can be tedious, inefficiency in the process can not only lead to loss of patients trust in your practice but it makes huge chucks of revenue slip right through your finger tips. Ensuring that your practice remains active amongst the network of insurance companies offering services to your target patients can be wearisome and if missed can lead to loss of profitable patients.
Outsource Credentialing to enhance Productivity.
A CMS research pointed that inefficiencies in billing and insurance related activates leads to approx $183 billion excess expenditure (in United States) in an year. An average American physician spends 3.8 hours a week (the equivalent of more than 3 workweeks a year) on interactions with payers. The research pointed out that standardizing or outsourcing such services can save up to $26 billion along with 4 hours of professional time per physician per week and 5 hours of practice support staff time per week reducing burden and enhancing productivity.
AltuMED Credentialing Services Includes
Credentialing and Contracting
State License Renewal
EDI/ERA, EFT Setup
Insurance Portal Creation
Insurance Portal Creation
Build Brand’s Worth and Patient’s Trust
Gain your patients trust, let us validate and verify their personal insurance documents before they join your practice and avail your service. More so, not only will AltuMED support in gaining verified patient panel but will also help get you included in the panel of maximum of insurance providers, increasing your service horizon and keeping you upbeat in their fierce competitive marketplace. AltuMED follows a thorough, KPIs induced system. The values we transfer to your practice includes:
Practicing proactive actions, by keeping your data up to date with the payers.
Being fast and proficient, by processing payments faster from insurance and getting more patient referrals.
Maximizing productivity, by mitigating revenue leakages and reducing denials with predictive analytical tools.
Prioritizing by smart and timely delegation of operational tasks, therefore avoiding excessive paperwork.
Practicing growth strategies, by building long term, transparent relationships with payers and patients.
Instilling integrity in processes, by providing real time reports and status of credentialing and enrollment transactions.
Not having to worry about credentialing requirements is such a relief, AltuMED’s expert team helped reduce such stress inducers for my team. It helped us build patient’s trust in our practice’s name – translating into more patients hence more profits!”
Choice Podiatry, New Jersy
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