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The Proof Dramatically
improving the efficiency and economics of the credentialing enrollment process
for healthcare providers is an objective shared by providers and Wybtrak. The following
user vignette highlights just some of the benefits associated with Wybtrak's
Credentialing Solution. Client
Profile: Private
physician practice, 23 physicians, 35 credentialing applications including
multiple hospital and payor contracts, one full-time specialist dedicated
exclusively to managing the credentialing enrollment process, licensing, CME
tracking, and hospital privileging.
The
Problem: Prior to
installation, the Credentialing Specialist was overwhelmed by the management of
the credentialing process (tracking CMEs, license expirations and completing
credentialing/ re-credentialing
applications for Medicare, Medicaid, managed care firms, hospital privileges,
etc.). Deadlines and billing opportunities were missed.
The specialist had no time for additional duties. The
Solution: The practice
installed Wybtrak's credentialing software and populated it with data specific
to the practice's operations.
Since completing the installation and populating the associated database, the Credentialing
Specialist has been able to manage the entire process, pro-actively, in less
than 10% of the time it previously required. (After
the original installation, the practice added 12 additional providers and over
30 payor contracts. The specialist
still manages the credentialing process in less than 10% of the time it
previously required.) The reporting
tools included with the software program allow everyone in the practice to be
well informed about the key elements of maintaining provider credentials. At
any point in time, reports can be generated from the practice's own PC that
identify the credentialing status of each physician for each application, the
expiration dates of licenses, privileges and CMEs, and more. The
credentialing function is now manageable and the Credentialing Specialist can
contribute in other ways that enhance the practice's business. The dramatic
improvement in productivity achieved by this practice is commonplace for the
many organizations (representing thousands of physicians and healthcare
providers) utilizing Wybtrak software.
Wybtrak's
Credentialing Solution approaches the provider credentialing needs more
effectively than other approaches.
The software and service empowers organizations with a database they own and the ability to
populate the unique credentialing applications required by each credentialing
entity.
This approach overcomes the challenges that have heretofore stymied the deployment of a
universally acceptable, cost-effective credentialing solution. The total cost
of credentialing for physicians, residents and other providers is an acute,
ubiquitous problem. By deploying Wybtrak's Credentialing Solution in your organization, you can solve the
credentialing enrollment problem now.
For more information, please contact us.
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