Know Your Acronyms?
Hello there, NCQA-following PE professional…or perhaps you’re a URAC or TJC-adhering MSP who just got back from the NAMSS conference. IDK. Take a moment from your OIG check, NPDB scan, DEA/CDS cert search, or whatever task you’re on PSV’ing for the CVO. Just slow down and breathe, LOL. There might be an acronym or two here you don’t know, and which could be costing you. BTW, why so many acronyms?
They’re shortcuts—abbreviations that take up less SPACE and ultimately less TIME, and who among us doesn’t need that, KWIM? There’s a parallel here with IntelliApp. This humble but mighty product’s job is to simplify the entire, complex provider enrollment process.
On reducing TAT (turnaround time)
Let’s say a payer is taking too long to turn your provider’s application around. Do you have metrics to track delays? IntelliApp helps medical credentialing and primary source verification specialists track and document TAT. So if it took the payer 90 days, when it comes time to renegotiate that look-back period they gave you of 45 days, you have leverage to renegotiate more favorable terms, and IntelliApp can help you show your boss the ROI:
How to calculate DIE (days in enrollment)
According to Maggie Palmer, MSA, CPCS, CPMSM—VP of Professional Medical Affairs at Parkland Hospital, Dallas, TX:
“If you have software, you should be tracking the day an application is submitted to a payer, each time a follow up is made and you should close that tracking when a number has been issued or the provider has been accepted by the payer. This gives you the individual DIE per payer plan, per provider.”
Let us demo IntelliApp for you. LMK, like ASAP. Hey, YOLO right?
PS: Download our handy industry acronyms list here. Whether new to medical credentialing and enrollment or a veteran with years of experience, you’re bound to encounter industry acronyms that leave you wondering what the writer meant. Let IntelliSoft Group help with our ever-growing reference list.