healthcare finance

What allied healthcare pros want to change about onboarding new providers

80 verbatim comments from allied healthcare workers call for process improvement, automation of administrative tasks, and better communication and collaboration by Intelliworx Provider credentialing is a tedious and time-consuming task. It can also be costly. Why? Healthcare organizations cannot invoice payers for services rendered until they are credentialed. Credentialing includes verification of board certification and also credentialing by individual payer organizations, such as insurance companies. Completing the process can take months. That time, during which providers are drawing salaries but not authorized to provide care, can add up to $1 million or more in lost billings, on an annual basis. That’s according to a survey we fielded earlier this year of 214 U.S. allied healthcare organizations. There are several other credentialing surveys, which we’ve reviewed and summarized, that substantiate this finding. Stay in touch by subscribing to our email newsletter. We will never share or sell your email address. The credentialing […]

5 healthcare credentialing challenges this recruiting platform solves for rural facilities

Overconfidence in credentialing processes can easily lead to $50k-$100k lost monthly billings per provider; Healthcare Workforce Management addresses the blind spots and prevents revenue leakage Time is money, especially when it comes to recruiting and onboarding new providers in healthcare. While most businesses can hire new staff and put them to work right away, that’s not true in healthcare. Healthcare employers need to ensure providers are properly credentialed before they can see patients. Credentialing isn’t just about licenses to practice medicine. Those things are important and required, but so too is payer credentialing. Newly hired providers can’t even see patients until they are credentialed, let alone bill for providing those services. Health insurance companies each have their own unique processes for credentialing – and it takes time. Many say too much time. However, this means healthcare facilities and rural hospitals must have their processes fine-tuned, or risk adding to the […]