When a Medical provider begins the medical practice, credentialing & contracting needs to be considered seriously and not deferred as it would be a roller coaster ride with mounting cash flow delays and other things of concern.
To manage the business properly and provide services to the patients who are members of your Payer’s coverage, it is important that you enroll in the respective networks of your plan before commencing operations so that you can start getting rekimbursed.
Contracts are the backbone of medical organizations because they provide access to patients and are the vehicle for your practice income.
WWS’s expert team of professionals in contract procurement, evaluation, Negotiation, compliance.
Our Network development team will undertake to maintain strong relationships with payers nearby, regional, and nationwide.
WWS collaborates with providers to establish which insurance companies and networks you want to pursue participation status with.Medicare, Medicaid, commercial carriers, and workers’ compensation carriers are examples of these carriers.
We also apply for or update your CAQH database. Our credentialing professional completes your applications and monitors their status until they are placed into the carriers’ systems. In addition, your credentialing specialist will gather price schedules from contracted carriers and send them to you for use in the invoicing process.
Comprehend The Unique Challenges & Benefits In Contracting - Ancillary