MEREM Healthcare Solutions recently hosted their second Lunchtime LIVE Q&A. A Facebook LIVE series focused on offering clinical professionals, practice owners, and office administrators an opportunity to ask the experts particular questions about the stressors and challenges that impact their revenue cycle.
On Thursday, MEREM Healthcare Solutions hosted a special guest and credentialing specialist, Matt Waldrep to answer questions and offer crucial advice on provider enrollment. Credentialing new providers for insurance payors and enrolling providers for the facilities they serve is a time-consuming and detailed requirement of every medical practice. Failure to complete enrollment and submit proper (and often timely) credentials for an individual provider or physician, can lead to a significant revenue loss.
As a leader in outsourced Healthcare Solutions, MEREM Health has been providing weekly video tips every Tuesday to help keep the business end of medical operations top of mind for practice owners and administrators. During their first LIVE video, coined #ThinkAboutItThursdays, MEREM Health covered the most frequently asked questions they receive from their clients and prospective clients. (Click Here to watch NOW) They shared information about their unique services and solutions, yet focused on the critical topics that most practice owners face.
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Some of the specific questions covered in the Lunchtime Live Q&A with MEREM Health included:
1. Which payors do you recommend being contracted with?
2. What is CAQH? And Are providers required to have CAQH?
3. What can you do if a provider starts without being fully credentialed?
Matt Waldrep also answered general questions for specialty medical groups looking to add on new providers. Matt offered advice on a projected lead time for beginning the enrollment process to successfully get a new provider enrolled with insurances and facilities. He also discussed specific documentation required and noted that “Not all applications are created equal.”
Lunchtime LIVE Q&A
Credentialing and Provider Enrollment
If you have questions about the health and productivity of your revenue cycle, feel free to submit questions to MEREM Health through their website. You can even request a Free Consultation and Revenue Cycle Audit.
For more information about MEREM Healthcare Solutions, you can visit their new website. www.MEREMHealth.com. Be sure to Like and Follow MEREM Healthcare Solutions on Facebook.com, in order to be notified of their next Tip Tuesday and Lunchtime LIVE Q&A. Future topic information about the series will be announced soon on their Facebook page, and questions are encouraged to be submitted during the live stream or in advance. Submit your questions here.