Provider data accuracy is often seen as primarily an issue of compliance and member satisfaction. This limited view can cause health plans to overlook significant financial benefits of accurate provider data such as:
- Closing crucial leakage points for quality and risk-related revenue
- Limiting vendor count for provider data management and governance
- Reducing administrative costs
The current approach to solving the pervasive problem of inaccurate provider data requires providers to continuously inform payers of their ever-changing practice and operational details. Providers communicate those details with one of several provider data clearinghouses, which helps to reduce their burden, but falls short of solving the problem. To solve this problem, Animas Data Solutions offers an effective healthcare data solution in our SaaS products ProviderLenz and ProviderClenz.