Capturing and maintaining accurate provider data is crucial for the success of health plans but remains challenging, with 81% of physician directory entries still showing inconsistencies despite regulatory efforts, as highlighted by a study in the Journal of the American Medical Association.
This infographic highlights the importance of robust provider data management, emphasizing its vital role in five key areas with direct impact on health plans’ bottom line:
- Member experience: driving member growth and retention
- Access to care: reducing out-of-network claims
- Regulatory compliance: reducing the risk of regulatory penalties
- Provider network collaboration: streamlining provider profile enhancements
- Improving operational efficiency: reducing manual data updates
To continue building your business case for provider data management, download Kyruus Health’s Comprehensive Guide.
