Top 10 benefits of Medical Credentialing

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TOP 10 BENEFITS OF MEDICAL CREDENTIALING

• CapMinds Medical Credentialing

www.capminds.com
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What is Medical Credentialing?

• Medical credentialing is a process of verifying
  and assessing the health providers
  qualifications, including education
  qualification, career history, training
  experience, residency and licenses specialty
  certificates (if any) and other qualification
  details. 

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Who needs Medical Credentialing?

• Physicians
• Dentists
• Podiatrists
• Ophthalmologists
• Physician Assistants
• Advanced Practice Nurses
• Chiropractors
• Optometrists
• Counselors
• Marriage and Family Therapists
• Psychologists

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Benefits Of Medical Credentialing
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1. Medical credentialing improves patient trust

• When talking about the healthcare system, trust
  is very much important and especially the trust
  between the patient and the healthcare
  professionals are more important for better care
  delivery.
• Assessing and verifying the healthcare providers
  qualifications and experience will confidently
  allow the patients to trust their chosen
  healthcare providers.

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2. Prevents the revenue loss

• Failure to obtain proper credentialing by
  healthcare professionals can result in insurance
  carriers not reimbursing medical offices that
  bills for the professionals.
• Medical credentialing is the right solution to
  prevent revenue loss

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3. Lowers the Risk of Medical Errors

• It is estimated that every year, about 98,000
  Americans die from medical errors.
• Credentialing healthcare providers, more so
  independent practitioners, help reduce the risk
  of medical errors that may be caused by
  incompetent providers.

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4. Improves Practitioners Business

• Medical credentialing allows medical
  practitioners to accept patients that possess
  health insurance. Currently, the majority of
  Americans have health insurance plans.
• Physician credentialing will, therefore, result
  in recurring patients which, in turn, improves
  the practitioners business.

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5. A cost saving Approach

• With the current strains in the healthcare
  budget, healthcare organizations are under
  increasing pressure to lower their costs of
  operation and streamline hospital processes.
• Electronic credentialing allows these facilities
  to migrate from a paper system to a cloud-based
  computing solution, thus lowering costs without
  affecting the health and safety of people.

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Conclusion

• The Medical credentialing process is increasingly
  becoming important in healthcare marketplace as
  healthcare industries are looking for the cost
  saving approach to ensure greater patient safety.
  
• Reviewing the qualification and experience of
  healthcare professionals can save healthcare
  organizations from a number of liabilities, risk
  of compliance violations, and unwanted lawsuits.

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• Read More About Medical Credentialing
• _at_
• CapMinds Medical Credentialing Blog

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CapMinds Medical Credentialing Services

• Contact us
• CapMinds Technologies
• 42240 Mason Ridge Ct, Brambleton, VA 20148
• 1 571.213.3245
• info_at_capminds.com
• https//www.capminds.com