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The Top 5 Must Have Features In A Credentialing Software
We all have heard the same stories about the tedious credentialing process and how credentialing staff run against the clock to get it completed. Nevertheless, it takes about 90 to 120 days with a chance of getting rejected. The manual credentialing process remains time-consuming and has its own drawbacks like high-error ratio, paper-based, tracking deadlines of the credentialing etc.
In a world where leading healthcare organizations, medical groups, and practitioners use partial automation and traditional credentialing process, shifting to comprehensive credentialing software is a significant change. Let's look at some of the core features to provide comprehensive credentialing software to have a smooth credentialing process.
#1 CAQH Integration -
The Council for Affordable Quality Healthcare (CAQH) has all the provider credentialing data. Having a seamless integration with it will only benefit you to share provider data accurately and efficiently with multiple health plans in one go.
#2 Reminders and Alerts -
Those using manual credentialing processes face difficulties in periodically renewing ...
... provider's credentials. But, a comprehensive credentialing software can help customize your requirements to keep track of the provider's profile, certificates and documents before the expiry date. It will be up to you to configure expiration reminders and alerts to send automated notifications via email or SMS.
#3 Auto-Populate Insurance Forms
With the best credentialing software, you get to auto-populate insurance forms. The PDF forms display a library of the insurance companies' application forms for the providers. They are auto-filled for each provider for the credentialing process, which is usually lengthy and time-consuming to fill manually, resulting in errors or incomplete submissions.
#4 Tasks and Milestones Management
It is amazing to have a built-in task management system that will keep you updated on the progress of various tasks simultaneously. The task management option allows creating and assigning tasks to users for proper management, and there are few credentialing software that helps you automated reminders for the deadlines you set. Milestone management helps you have a holistic view of the progress of a credentialing application or any other milestone that you set in your process. After completion of each milestone, a reminder or notification can be set.
#5 Customized Reporting
With automated credentialing software, you do not need to spend hours making analytical reports or keeping a tab on the parameters. Usually, credentialing software comes with a comprehensive, intuitive and customizable report generating feature that can help you get ad-hoc reports. The analytics module shows the clients credentialing report based on the credentialing detail, client summary or credentialing expiration and also shows the user productivity.
It is important to understand the usage of credentialing software in today's world and realize the amount of time spent on the provider credentialing process every year. A facility's revenue cycle depends on proper provider credentialing. So, it's time to streamline the process and opt for the best credentialing software to help you with at least all the above features.
Credentialingspectrum can be your go-to credentialing software. It has more features to make the credentialing process easier and less time-consuming. You can have all under one platform that will give multi-tenant connectivity between providers, credentialing staff, billing staff, entity supervisors and payers to stay connected. It also has a 60-day money back guarantee if you do not save up to 30 % of your time.
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