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Learn MoreThis blog post excerpts an article in the Q4 2015 issue of PX Advisor, our quarterly magazine designed to bring you thought leadership and best practices for improving the patient experience.
In this article, HealthStream examines the new environment for Provider Enrollment and its implications for healthcare leaders and presents new research collected in early 2015 by HealthStream from 130 credentialing executives throughout the U.S. The survey provides mounting evidence that Provider Enrollment needs to be given a much higher priority and viewed as a key driver of the hospital revenue cycle. Following are some survey highlights:
ONE: Provider “Enrollment” and “Credentialing” are two separate activities
HealthStream’s recent research indicates that healthcare executives are using the terms “credentialing” and “enrollment” interchangeably when it comes to the process of requesting enrollment of a provider in a health insurance network; however, credentialing and enrollment are very different functions. In addition to becoming credentialed with a hospital, physicians must also apply to enroll in each health plan for which he or she will take patients. Typically, the physician will submit 20–25 separate health plan applications that may each be 30–50 pages in length and require 2-3 hours apiece to complete. Enrollment then can be defined as the tasks that support the process of becoming a Participating Provider in a health insurance network. The enrollment process typically takes 3–6 months to complete and must be repeated every time a change in provider status occurs—for example, it must be repeated even when a credentialed provider is changing medical groups.
TWO: Provider Enrollment is becoming a much higher priority
HealthStream interviews with 130 credentialing and provider enrollment experts in early 2015 showed that hospitals are heavily involved in the provider enrollment process. The net result, according to our survey respondents, is that more than six in ten say their hospital has placed a higher priority on improving the Provider Enrollment process in the past two years.
THREE: Provider Enrollment is now a Revenue Cycle Initiative
Credentialing executives no longer view Provider Enrollment as the back office function it once was. Almost two-thirds of the executives we surveyed now view Provider Enrollment as a part of Revenue Cycle Management.
FOUR: Reducing both the time it takes to enroll physicians and the associated administration costs are executives’ Top 2 Priorities for Improvement.
Our research shows that a high percentage of those who manage the Provider Enrollment function are struggling with the effectiveness and efficiency of their current process. Their top priorities in this area are to reduce the time it takes to enroll providers and to reduce the amount of resources that are expended to support Provider Enrollment. As noted earlier, the financial repercussions of a Provider Enrollment process that is out of control can be highly detrimental. A healthcare organization can quickly face significant financial losses and high patient and physician frustration. The industry has fundamentally changed in the past several years, and healthcare leaders are acknowledging that it is time to elevate and improve the Provider Enrollment process accordingly. Is your organization giving the Provider Enrollment process the strategic importance it deserves?
HealthStream’s learning management system and healthcare training solutions support medical training initiatives and allow for the best patient care.
View All Learning & PerformanceHealthStream offers performance learning management solutions to help develop your healthcare staff into leaders and reduce turnover.
View All ProductsHealthStream works with healthcare organizations to create engaging and high-quality training videos for your staff and management.
View All ProductsImprove care quality and save money by making informed decisions about your healthcare facility and staff with HealthStream's reporting analytics solution.
View All ProductsHealthStream's proven methods for the improvement and overall engagement of your healthcare staff foster a positive workplace and increase retention rates.
View All ProductsWhen you enact HealthStream's quality compliance solutions, you can do so with the confidence your healthcare organization will meet all standards of care.
View All Quality & ComplianceBe confident in your staff’s ability to reduce risk by providing compliance training that changes behavior.
View All ProductsDevelop next-level people for next-level care by prioritizing quality and safety improvements.
View All ProductsEstablish a culture of belonging with education supporting DEI, wellness, engagement, and leadership development.
View All ProductsUtilize patient access solutions and advanced reimbursement solutions to manage clinical denials and improve your organization’s reimbursement strategy.
View All ReimbursementExpand the decision-making skills and effectiveness of your healthcare workforce with HealthStream's clinical development programs and services.
View All Clinical DevelopmentLearn about our advanced resuscitation training solutions. Our solutions are designed to help improve patient outcomes.
View All ProductsOur competency development solutions personalize learning for clinicians to bridge the gap between theory and practice for your nurse residents.
View All ProductsEnhance maternal & child nursing care with solutions focused on improving the quality of care for mothers, infants, and children.
View All ProductsAddress staffing orientation challenges to easily achieve and maintain certification with our emergency and acute care training solutions.
View All ProductsAs a premier provider of healthcare education, we are committed to promoting safer, more successful surgical and sedation outcomes for each and every patient.
View All ProductsOur solutions are designed to cater to the needs of patients, healthcare professionals, and organizations dealing with illnesses or chronic conditions.
View All ProductsComprehensive, industry-leading provider onboarding and credentialing software that validates health outcomes and supports provider assessment.
View All CredentialingOur affordable CVO credentialing services establish patient safety by enabling primary source verification for your healthcare organization.
View All ProductsIntegrate with Epic to validate and add new providers directly to your provider master file.
View All ProductsMake sure your healthcare staff can schedule out appointments and work schedules with ease using HealthStream's line of software solutions.
View All SchedulingHealthcare workforce management is essential. We provide advanced scheduling solutions for organizations to solve issues such as nurse retention
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