Healthcare Organizations Are Unsatisfied With Credentialing Experience
Credentialing processes are generally outdated, burdensome and plagued with delays, according to a new survey on the state of today’s medical credentialing processes. It was found that 1 in 3 healthcare organizations are not satisfied with the credentialing experience.nnThe SkillSurvey survey of nearly 500 healthcare industry leaders was intended to discover the impact credentialing delays and inefficiencies have on a healthcare organization’s bottom line. Notably, more than half of all U.S. states now recognize negligent credentialing as a reason for litigation against healthcare organizations, according to information from SkillSurvey.nn”As our study shows, the traditional credentialing process is outdated and slow. While waiting to be fully credentialed, top medical talent sits on the bench, negatively affecting the hospital revenue cycle,” Ray Bixler, president and CEO of SkillSurvey, said in a statement. “Our survey shows that one in three job applicants are not satisfied with their credentialing experience. Credentialing is long overdue for an upgrade.”nnHere are four additional survey findings.nn1. Two in three credentialing processes (67 percent) are taking longer than five to six weeks to credential a clinician.nn2. Sixty-two percent of respondents said it takes from one to three weeks for peer references to respond to traditional credentialing requests.nn3. Half of respondents report it takes one to two weeks to verify a hospital affiliation.nn4. Nine in 10 organizations believe it is critical to continue improving the applicant onboarding experience within the credentialing process.nnThis article was originally posted on BeckersHospitalReview.com.nn
Or is it? We can’t help patients, cure disease or fix trauma without a healthy practice.nnMany providers have sought the perceived safe harbor of hospital employment. That is OK for some, a good idea for others but, in my experience, a huge mistake for most. It is also my experience that the reason used to make the mistake is, at the end of the day, bookkeeping or the lack of it being done properly. Private practice is a business and, when run successfully with good operations, good and honest information and analysis, and well thought–through strategic decision–making, the last and worst option is hospital system employment.nn
About R. Todd Welter • MS, CPCnFounder and President of Welter Healthcare Partners
Z56.6 — Other physical and mental strain related to worknnZ56.5 — Uncongenial work environmentnnZ56.3 — Stressful work schedulennZ56.4 — Discord with boss and workmates
Are there advantages of a single payer system? Some say there are.nnI happen to not be one of them. Rather we really desperately need more payers, more choice, more competition, more access and a lot more imagination.nn nn
A07.1 – Giardiasis [lambliasis]nnY93.01 – Activity, hikingnnY92.828 – Stream as the place of occurrence of the external cause
Welter Healthcare Partners strongly believes that transparent competition among payers and providers regarding value and cost is the only way to make the delivery of health care more effective and efficient.