Will Fixing your Credentialing help your practice

Credentialing is one such task that gets put on the back burner far too often due to its complexity. But what is credentialing? Why should you care about it? And most importantly, how can fixing your credentialing help your practice? Let's dive in!

Will Fixing your Credentialing help your practice
Will Fixing your Credentialing help your practice

As a busy healthcare professional, you likely don't have time to waste on paperwork. The average HCP spends 8 hours per week filling out forms and another almost 5 hours per week writing emails. And that's just the average number. Healthcare professionals spend significantly more time than that filling out and filing paperwork.

Credentialing is one such task that gets put on the back burner far too often due to its complexity. But what is credentialing? Why should you care about it? And most importantly, how can fixing your credentialing help your practice? Let's dive in!

Spends 8 hours per week filling out forms and another almost 5 hours per week writing emails. ( A Small Practice ) 

You may not realize how much time you spend on these two activities, but the average HCP spends 8 hours per week filling out forms and another almost 5 hours per week writing emails. That’s a lot of time spent! This is just for a small practice with one PCP and one NP…Phew!

It's important to note that these figures are based on self-reported data from people who work in an office environment with other people around them. The results skew towards the higher end of things because most people don't want to admit how much time they spend doing something as mundane as email or filling out forms.

How does the doctor or nurse handle their credentialing paperwork?

Most medical professionals spend a great deal of time dealing with paperwork. There is a lot of paperwork that needs to be filed and filled out, which can be very time-consuming. Credentialing has become so overwhelming due to the workload it creates for doctors, nurses, and other medical professionals that many people have decided it's not worth their while to keep up with it anymore.

Healthcare professionals spend significantly more time than that filling out and filing paperwork.

According to the American Academy of Pediatrics, physicians and nurses spend an average of 8-10 hours a week just completing credentialing forms alone. In fact, the average medical practice spends more than $100K per year in administrative costs related to credentialing issues!

To fix this problem and make your practice run smoother, you will need to implement a process for managing credentials from submission through approval or denial. This process should include:

  •   A checklist for new applications
  •   A workflow for tracking progress throughout the process

As a busy healthcare practice, there are many tasks that fall to the wayside because of their time-consuming nature.

The credentialing process is one of the most time-consuming aspects of billing for your practice. As a busy healthcare practice, there are many tasks that fall to the wayside because of their time-consuming nature. These include:

  •   Billing
  •   Credentialing
  •   Document management

If you are experiencing credentialing issues or want to make sure you are getting paid as much as possible, our Network Development Team at the WWS  team can help with any questions or concerns you may have.

If you’re looking for a way to streamline your revenue systems and make it easier on yourself, Credentialing is the answer. It will let you focus on what matters most by automating those time-consuming tasks that distract from providing quality care.