The healthcare industry is facing a rapidly changing regulatory landscape, and it can be difficult for organizations to keep up with the latest requirements. One critical part of workforce and provider compliance is Primary Source Verification (PSV), which is the process of directly verifying the credentials of healthcare professionals at a primary source, like a licensing board or other entity.
In a recent webinar, Joyce Siow-Yazzie, credentialing solutions consultant at MedTrainer, and Julie Walker, CEO at Propelus, discussed the new standard for PSV and how organizations can improve their processes to meet the new standard needed for PSV.
Why is PSV More Challenging Now?
Walker and Siow-Yazzie shared that several factors make PSV more challenging now than before. These include:
- Difficulty accessing data
- Managing the increasing volume of healthcare data
- The complexity of the verification process
- Evolving regulations
- Fraud and misrepresentation
- Need for continuous compliance monitoring
What is the New Standard for PSV?
The speakers shared that the new standard for PSV is on-demand automation, verifications from the original source, image capture, pricing predictability, continuous monitoring, and unparalleled board-level partnerships.
How Can Organizations Level Up to This New Standard?
Walker and Siow-Yazzie recommended several ways organizations can level up to this new standard. Those include:
- Checking licenses on-demand and continuously – using technology to automate verifications and stay current;
- Leveraging technology – implementing software solutions that streamline the PSV process;
- Collaborating with CVOs – partnering with Credential Verification Organizations (CVOs) for expertise and resources; and
- Establishing robust data analysis and monitoring practices – identifying and addressing potential issues early.
What Does the Partnership Between Propelus and MedTrainer Mean for Customers?
The MedTrainer and Propelus partnership revolutionizes provider credentialing by supercharging MedTrainer’s platform with Propelus’s industry-leading data capabilities, allowing customers to achieve a new standard of workforce and provider compliance.
They can say goodbye to manual verifications, inaccurate or incomplete verifications, and static provider verifications. They can also welcome on-demand automation, continuous monitoring, and near real-time intelligence.
Conclusion
Industry changes and expectations are forcing a new standard for PSV. However, the speakers highlighted that by leveraging technology and partnering with the right providers, organizations can improve their processes and ensure compliance.
Watch the Full Webinar
To learn more about the new standard for PSV, watch the full webinar on-demand here.
