LOS ANGELES - (Business Wire) Medversant Technologies LLC, (www.medversant.com), the company that changed the paradigm in provider credentialing with AutoVerifi™ (U.S. Patent 7,529,682), announces the addition of contract management to its on-demand Integrated Provider Management Platform (IPM). Medversant’s IPM with AutoVerifi dramatically improves the way healthcare organizations manage their provider related business processes.
“We tackled the hardest problem first and enabled continuous credentialing with AutoVerifi,” says Matthew Haddad, president and CEO of Medversant. “By adding Medversant’s IPM, healthcare organizations have a true end-to-end solution for provider administration. The functionality of our IPM platform for all stakeholders is important, but the fact that the data is always verified and fresh and supplied to the business processes automatically eliminates significant waste in administering provider network services. This capability is truly a breakthrough because it streamlines processes that rely on accurate provider data and improves the data quality continuously so any changes to data are captured without any additional effort by the healthcare organization, and specific modules can be bundled or unbundled depending on the client’s needs.”
Powered by AutoVerifi, the Medversant IPM automates all processes related to provider data. The ability to efficiently deliver real time verified provider data to all organization stakeholders simultaneously on the same platform is fundamental to sound provider management. The on-demand services platform includes Provider Enrollment, Credentialing, Provider Directory Management, Provider Communication, Continuous Data Integrity Services, Quality Data, Network Expansion Projects, and Claims. With the addition of health plan contract management, Medversant rounds out its enterprise-wide offering with a contracting solution that ensures that each provider is matched with the right health plan contract based product and/or line of business, generating efficiencies throughout the process.
The IPM is a one-stop shop that can take a provider from enrollment through the credentialing process, to contract and continuous data integrity services. The platform also features electronic signature recognition, automated provider correspondence, network expansion capability, full on-demand reporting functionality -- all with continuously verified provider data. A health plan can easily pre-populate all forms and provider correspondence with real time verified data so there are fewer burdens on providers and plan administrators. Information can flow electronically from one process to the next and a plan can truly be paperless in terms of provider management.
Haddad explains that information can easily be imported from or exported to other operational systems, adding, “The platform is available 24/7 and can replace numerous other provider management systems and processes. Additionally, the Medversant IPM can be implemented immediately without the need for individual design for each plan. This greatly decreased cost and time for implementation, coupled with on demand pricing, makes Medversant’s IPM the most cost effective solution in the industry.”
Medversant, LLC is the nation’s leading provider of continuously monitored Web-based credentials verification solutions through patented AutoVerifi™ technology (U.S. Patent 7,529,682) for hospitals, health insurance plans, nursing homes, outpatient centers and other healthcare settings. Medversant provides a software tool that is highly efficient, cost-effective and an accurate solution for provider database management. Headquartered in Los Angeles, Calif., Medversant can be reached at (213) 291-6139 or www.medversant.com.