We’ve all been there. The to-do lists are stacked higher and higher daily, and you feel like you can’t get ahead. For medical providers, these lists seem mountainous because every task is essential to provide quality care for patients.
One of those daunting tasks is the primary source verification of the provider’s credentials, and with a CVO, you can easily knock out items like this.
What is Primary Source Verification (PSV)?
Primary Source Verification (PSV) authenticates a provider’s credentials, such as education, training, work history, license, certifications, peer reviews, and more.
Suppose you work in specific fields, such as the medical industry. In that case, an individual must have a license or certificate indicating that they are qualified to practice in that profession. This is crucial for the medical profession.
Medical facilities, hospitals, health plans, and even medical practices are essential in protecting patients by ensuring that the medical providers they work with are properly trained, educated, and have no prior history or damage.
Primary Source Verification, or PSV, comes into play here: it verifies whether or not someone has the proper (and valid) license, registration, or certificate, as well as education, training, and work history to provide care to patients. Primary Source Verification verifies a provider’s credentials, such as education, training, work history, license, certifications, peer reviews, and more.
What is a CVO?
CVO stands for Credentials Verification Organization and comprises a team of credentialing experts that help facilitate primary source verifications to provide a completed credentialing file on a provider to a board for final review and approval.
A CVO like 5ACVO can cut credentialing workload by 88%, leaving medical entities with more control over the tasks they need to complete. It also allows busy medical professionals to dedicate more time to patient care and ensure quality medical attention for their clients.
Combining experience, expertise, technology, and tools, a good CVO team is a collaborative group, leaning on each other to create credentialing solutions, savings, and world-class service for providers nationwide.
Why work with a CVO?
According to NAMSS research, working with a CVO increases credentialing speed and efficiency, making the credentialing process 5-7 days faster than traditional in-house credentialing.
Working with a CVO like 5ACVO specifically reduces the workload of an in-house credentialing team, reducing the credentialing process involving some 52 conventional credentialing steps down to just 6 simple steps.
Smarter credentialing means less work for you.
Reducing 52 conventional credentialing items down to just 6 simple steps for you while saving money sounds too good to be true, but with a CVO like 5ACVO, this dream becomes a reality.
We believe this is a smarter way to complete credentialing, less work for you while giving you the technology and tools to monitor the entire credentialing process and a single point of contact with ONE phone number and ONE direct email for you to use whenever you need.
Smarter credentialing means less cost and access to credentialing experts
Smarter credentialing leads to 69% lower credentialing costs, so now you can ensure that all your medical credentials are in order with less headache than ever before.
With the 5ACVO team on your side, you will have more time to ensure fewer hoops while verifying credentials. It allows you to spend more time on what matters: keeping the day-to-day operations running and providing quality healthcare for your patients.
By choosing a CVO, like 5ACVO, to help you with credentialing tasks like PSV, you can take your credentialing process to the next level.
More information about 5ACVO
5ACVO is an NCQA Credentialing Accredited specializing in credentialing and primary source verification and is part of the Fifth Avenue Healthcare Services family.
5ACVO sister companies include Fifth Avenue Agency (MPLI and medical malpractice insurance specialists) and Primoris Credentialing Network (credentialing and provider enrollment specialists with 54+ health plan and network provider enrollment options).
5ACVO originally published this article here. For more information on 5ACVO, please visit 5ACVO.com or Contact Us.
