Inefficient or non-compliant medical patriarchs expose a wide range of risks to patients, staff members, hospitals and healthcare facilities. When doctors, nurses and other hands-on medical practitioners are not exposed to an uninterrupted hospital credentialing and background verification system or are not stated by their subordinates, they can pose a health risk to patient's safety as well as staff. It can also influence the medical facilities and its capability to function and cater to the community in a few of the following ways:
- Negative influence to the medical patriarch's name
- Outside vendors may not desire to deal with them
- Healthcare centers can lose their status of certification or accreditation
- Loss of Medicare and Medicaid remuneration for any patient treatment that the suspected doctor was engaged in
- Potential fines levied for every day the suspected doctor retains privileges at the hospital
- Accrediting by the Office of Inspector General and appointment of a Corporate Integrity Agreement (CIA), that engages a strict policy review and elongated audit.
The advantages of exhaustive credentialing programs
Healthcare centers can better secure themselves in opposition to incidents of inefficiency by creating a more exhaustive physician credentialing system. This will aid the healthcare center to better alleviate financial, legal and brand risks that crop up when bad doctors are caught, and help make sure only the right candidates are rented. Recorded below are few of the prime advantages of building a more comprehensive credentialing procedure.
Alleviates legal risk:
A comprehensive and continuous credentialing application that fulfills all the needs of The Joint Commission, and the National Committee for Quality Assurance, or NCQA, and embraces an added background check and criminal enquiry, will aid a hospital defend against any loss in the case of malpractice trials.
Cuts down inefficiency:
Expanding the scope and depth of the credentialing procedure will aid medical care facilities cut down the number of poor doctors they rent and in turn cut down the rate of inefficient performance.
Maintain compliance and funding
Building a constant, proactive and progressive credentialing policy consolidated with zero tolerance for non conformity with every medical professional can aid medical facilities maintain their accreditation and certifications. It also helps in upholding remuneration from insurance agencies and enables for taking part in federally funded programs.
Reduces financial risk
When healthcare centers are found suspicious for insufficient credentialing, the ensuing audits may drain financial resources and manpower hours. Pursuing best methods for credentialing can alleviate this financial risk.
Maintain an ethical name:
Negative press can destroy a healthcare center's name in the eyes of its staff, the public customers and in the case of non-government institutions, donors. Making sure high credentialing standards will secure the medical provider's integrity and capability to lure top-tier talent to work there.
Medical institutions trust upon their name and quality of care to continue to cater to their society. A credentialing system that is insufficient can place patients, staff and the institution at risk. By executing a solid credentialing program, you will aid make sure a secure work place, help alleviate risk and maintain a positive name.
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