At 1ˢᵗ Credentialing we know that when our clients place their trust in us, we take that responsibility seriously by communicating with our clients to create a transparent and collaborative partnership.
Healthcare organizations of every size realize that hiring 1ˢᵗ Credentialing is the most economical and efficient way to solve their credentialing needs. We have the training, expertise and commitment it takes to keep a complex process moving forward at all times.
1ˢᵗ Credentialing supports healthcare practices of all sizes - from health systems, to community hospitals, to large group practices, to smaller organizations. We help get your providers up and practicing as fast as possible.
Learning more about the credentialing process benefits us and our clients. 1ˢᵗ Credentialing offers regular videos and newsletter updates to bring our clients and those interested in innovations in credentialing up to speed.
Payor Enrollment Mistake #2: Confirm realistic timeframes for processing
The key to avoiding payor enrollment mistake #2 is to be patient before accepting new patients. To avoid payor enrollment mistake #2, pick your favorite overly used cliché:
Don’t count your chickens before they hatch
It ain’t over until the fat lady sings
Don’t count your money before the deal is done
Don’t assume your payor enrollment application is accepted until it is approved
We understand the excitement. The opportunity for new and existing physician practices and medical providers to accept new patients from new insurance networks is exciting and critical for lasting success.
However, it is important to be patient after you submit a payor enrollment application. Remember, it can take up to 120 days to be approved. This is why open and honest communication is essential.
When submitting a new payor enrollment application, be upfront and respectfully inquisitive. Ask how long the application and approval process takes and make sure to communicate the timeframe within your practice.
Setting clear expectations will help temper the excitement and help mitigate the temptation to accept patients before the application is final. Even after receiving pending approval, it can take up to 30 days to be officially approved for reimbursement.
Payor enrollment mistake #2 is easy to avoid with patience.
To learn more about 1ˢᵗ Credentialing and how we may help you, please feel free to contact us directly by phone or email.
Our credentialing experts are here to help you assess exactly which solutions you need to put you on the right track. 1ˢᵗ Credentialing includes payor enrollment for all insurance networks. Don’t wait another minute, contact our team today!