BC Advantage - 2020 Issue 7

Contracting & Credentialing: The often neglected keys to practice success

Independent practices have been facing unprecedented challenges, especially in today's pandemic based reality. Two of the most fundamental aspects of starting and running a practice are often the aspects that most practices ignore: payer contracts and credentialing. Despite their essential nature many practices put these tasks last on their respective to-do lists, but there is a better way of doing business. Making sure these two elements are addressed in a methodical, data-driven, and thoughtful manner is key to every practice's long term success.Payer Credentialing: administrative headache, payer cost saving, but a keystone habitBefore a provider can see their...

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