Let's be real: Credentialing is a beast. And if you're not ahead of the game, it's going to bite you where it hurts—right in the revenue. Tight deadlines, expanded verification requirements, and constant monitoring? It's a lot. And if you slip up, the penalties are no joke: fines, claim denials, and delayed revenue all waiting to ambush your bottom line.
Building your own internal system to handle all of this could end up costing you more in the long run. With new monthly license checks and ongoing monitoring, internal teams can easily get overwhelmed, diverting focus (and budget) away from where it really needs to be—growth and profitability. Collaborating with external credentialing service partners in 2025 to work more intimately with your internal team makes a lot of sense.
Medallion is the gold standard for provider credentialing at the enterprise level. They've been a longstanding sponsor of Hospitalogy and I've only heard good things from customers who end up working with them including Tampa General and Family Care Center. Their team automates all the annoying, time-consuming credentialing tasks—keeping your provider networks compliant and running smoothly without missing a beat. You avoid fines, claim denials, and revenue delays, all while speeding up onboarding.
Why turn credentialing into a headache when you could make it a financial win? Medallion helps you do just that—saving you time, money, and stress. Turn compliance into a strategic advantage instead of a cost center.
Credentialing as a Strategic Advantage
It's time to shift the perspective on credentialing from a necessary cost to a real operational advantage - speed to market, better cash flow, improved physician morale, etc. When credentialing is done efficiently, organizations can accelerate provider onboarding, reduce claim denials, and ensure a steady flow of revenue.
Through acting as a partner working alongside you every step of the way, Medallion's platform transforms credentialing from a traditional cost center into a strategic component of financial success for a health system or physician practice.
With automation handling verification and monitoring, healthcare organizations can dramatically reduce delays in onboarding new providers, which means faster access to revenue-generating activities. Furthermore, with fewer claims being denied due to outdated or incorrect credentials, organizations can capture more revenue and avoid the financial pitfalls of non-compliance.
The Medallion Advantage
Medallion's platform was purpose-built from the ground up with these credentialing challenges in mind. Its automation capabilities help healthcare organizations navigate the complexities of credentialing requirements without needing to overextend their internal resources. By automating compliance and ensuring continuous monitoring, Medallion acts as a safety net that mitigates the risks of missed deadlines, credential lapses, and non-compliance penalties. These costs hold significant ramifications on in-network status and timely payment for providers. If you're not doing the blocking and tackling your cash flow will hurt. For instance, when Tampa General switched to Medallion, the health system unlocked faster cash conversion cycles to the tune of ~$2.3M by dropping credentialing time to just 3 days!
Wrapping up
Credentialing is no longer just a box to check—it's a critical part of your financial strategy. As organizations grow and credentialing requirements evolve, it's more important than ever to stay ahead of the curve. As you consider your credentialing and provider growth strategy, the Medallion team wants you to consider the following key bottlenecks and opportunities:
- The financial risks of non-compliance: Miss a deadline, and your organization could face fines, penalties, and revenue delays.
- The hidden costs of in-house systems: Building an internal infrastructure often costs more than anticipated, tying up resources that could be used for growth.
- The value of automation: Medallion's platform turns credentialing into a financial strategy, reducing costs, accelerating onboarding, and ensuring compliance.
With Medallion, healthcare organizations can navigate changes with ease, transforming credentialing from a liability into a strategic advantage. Rather than fighting against the complexities of compliance, Medallion helps organizations embrace automation, allowing them to stay ahead of the curve while also driving financial success.
Like I've mentioned before, with constant credentialing changes it's a smart decision to at least look into a partner like Medallion and understand where they plug in, how their team can be a true partner to your organization and help you every step of the way, and drive value (and fewer headaches!) for your aligned physician organizations.
Learn more about the Medallion product and platform including the features that mitigate the risk of non-compliance with their team's Live Demo Day on November 19th.
They've been a great Hospitalogy partner and I've only heard positive things from those who use them.
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