Revalidating and Importance of Credentialing

May 29, 2012 | Uncategorized

Revalidating and Importance of CredentialingMedicare Revalidation – Medicare requires that ALL enrolled providers and Suppliers to revalidate enrollment information every 5 years. The revalidation initiative is currently in process and will continue through March 2015. You have 60 days from the date of the revalidation notice to submit your application(s).nnProviders are required by regulation to submit updates and changes to enrollment information in accordance with specified time frames.  Reportable changes include: 1) Change in legal business name, 2) Practice location, 3)Ownership, 4) Authorized/delegated official, 5) Changes in payment information such as changes in EFT information and, 6) final adverse legal actions.nnFailure to comply with any of these requirements  in a timely manner may result in Medicare billing privileges being deactivated.nn nn