MedAptus Unveils ‘Provider Enrollment’
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According to a release from the company, while the credentialing process is a necessary step for physicians to receive payment from insurance carriers, it involves multiple handoffs, typically over a period of several months. With the recent advent of the Affordable Care Act, there are many new plans under which physicians must be credentialed. Should a provider not be fully enrolled with a patient's payer at the time of an encounter, reimbursement will be held back or potentially denied altogether.
"Newport Credentialing Solutions has spent many years refining its approach to the provider enrollment process and today offers the most robust toolkit available to groups looking to insource or outsource this component. Given that we work with many larger organizations employing hundreds of physicians, which could mean literally thousands of credentialing applications, we quickly understood this as an area at risk for revenue loss and as such, ripe for automation," said
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