Do We Really Need Dedicated Vendor Credentialing Services?

A typical healthcare organization has to be driven by a good number of vendors on a regular basis

. However, these vendors need to comply with certain norms and regulations, and must also meet certain requirements in order to qualify to act as such for the organization. Most respectable healthcare organizations have their own set of compliance requirements that the vendors should meet.

The process of ensuring that such requirements are met and every vendor has the requisite credentials to qualify as a supplier to the organization falls within the purview of vendor credentialing services. For a large organization that has to typically work with hundreds of vendors, vendor credentialing services can be a full time job.

There are typically dozens of things to take care of, such as collecting, sorting and managing various credentials, ensuring that they are up-to-date and have not expired, and also sending out notifications to the concerned parties about imminent expirations or non-compliance due to various reasons.

The fact is; doing this solely on the organizations part can amount to an enormous volume of effort. With professional vendor credentialing services, however, one can choose to put the responsibility on the individuals whose credentials are in question.

One of the best credentialing services available today employ suitable software assisted means to continuously keep track of all such issues, thereby ensuring that all credentials are in place and are up-to-date. It automatically alerts all concerned employees, vendors and suppliers about upcoming expirations by sending out e-mail reminders and other timely notifications until the updates are completed or the licenses renewed. For added convenience in vendor credentialing, it also allows the employee or the supplier to upload a copy of the credential for approval by the concerned authorities in an organization.

Remember, all vendor credentialing services should allow for random or regular checks to see who is out of compliance. This is important for maintaining consistency ensuring sustained quality of operations and better adherence to safety and legal norms. Other aspects of vendor credentialing include checking on backgrounds, immunization status, results of competency tests or exams, human resource data, EEO data (Equal Employment Opportunity), Employee Performance Reviews (EPR), the presence and the status of required certifications and more.

by: credential agent

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