How It Works

ProCredEx  >  How It Works

Every industry segment that works with healthcare credentialing faces unique challenges. ProCredEx develops solutions for secure and immutable organization, standardization, movement, and sharing of credentials data. Together we can overcome common barriers and drive new efficiencies into credentialing.

MEMBERS USE PROCREDEX IN THREE WAYS TO ENHANCE THEIR CREDENTIALING SYSTEMS & WORKFLOWS

Enhance Your Credentialing Operations

PCX holds credentialing data from prime sources and accredited healthcare organizations that your team can rapidly search, purchase, and integrate into your credentialing processes.

Monetize Your Credentials Data

Your team works hard to gather and verify credentials data. Listing that data on PCX creates a new revenue stream for your organization that monetizes the valuable work completed by your credentialing professionals.

Better Serve Your Partners

Many partners must duplicate credentialing efforts. This is common among locum tenens, telemedicine, and clinician services firms and their customers. PCX creates a trusted environment where credentials data is shared directly with facilities where clinician will deliver care. The result is faster on-boarding, increased clinician productivity, and improved financial outcomes.

Benefits of Membership

  • Get clinicians working and billing faster
  • Minimize clinician administrative burden
  • Reduce write-offs and revenue forfeitures
  • Reduce clinician services implementation timelines
  • Monetize your verifications and create new revenue streams
  • Empower your credentialing professionals
  • Improve overall quality
  • Minimize redundant credentialing tasks

Become a Member

If you are interested in examining how the exchange may improve your credentialing operations, let us know and we’ll schedule a call to see if membership may be a good fit for your organization.

MEMBERSHIP REQUIREMENTS

  • Healthcare organizations must apply for ProCredEx membership and submit proof of release from their clinicians to complete credentialing work on their behalf
  • If you would like to sell verifications on the exchange, your organization must be in good standing with an official accrediting body

FEE STRUCTURE

  • ProCredEx members pay a yearly membership fee driven by the number of clinicians they manage
  • Members are charged for each verification they purchase on the exchange.
  • Verification pricing is set at a variable market rate governed by the exchange members
  • ProCredEx collects a small transaction facilitation fee for every buy/sell trade on the exchange