Caqh

Over 500,000 Health Care Providers Now Cutting Costs, Saving Time Through CAQH Administrative Simplification Initiative

Published in Managed Care Law Weekly, September 23rd, 2007

CAQH announced that more than half a million U.S. providers are now significantly reducing administrative burden by using its Universal Credentialing Datasource (UCD) service to submit required information for credentialing and use in other business processes, such as provider directories.

According to estimates from a Medical Group Management Association cost analysis, UCD is effectively cutting provider administrative costs by more than $75 million per year or over 2.5 million man-hours (the equivalent of 1,250 full-time employees) -- the amount of time required to complete and send the application forms.

"Although this milestone seemed far off...

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Source: Managed Care Law Weekly (2007-09-23)

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