Healthcare IT News: Taming the Beast of Multistate Provider Licensure for Telemedicine

Licensing is a burdensome task that requires attention to detail, long-term monitoring and a great deal of patience. Madaket's provider data management (PDM) platform clearly spells out the specific requirements for each state and automatically completes the form using their existing knowledge bank thereby simplifying the process and lowering the risk of submitting incorrect information. Madaket CEO Eric Demers shares with Healthcare IT News the specific challenges interstate licensing presents to telemedicine providers and how tools like Madaket can help solve them.

MedCity News: How Automation Can Cut Into the $500B of Administrative Waste

A staggering 15 to 30 percent of total medical expenditures now go to healthcare administration, half of which is wasted on unnecessary tasks. This immense administrative burden causes extensive waste, including trillions of dollars in revenue and countless hours of lost or deficient patient care. In MedCityNews, Madaket CEO Eric Demers describes why an all-in-one, administration-specific data management platform (DMP) is a realistic and meaningful way to reduce care costs by making it easier for payers and providers to complete administrative work and reign in administrative waste.

StartUp Health TV

Ian Madom, MD, MBA, CEO of Mocingbird and Madaket’s Eric Demers talked with StartUp Health about how they’re partnering to ease the burden of medical license maintenance.

Improve Healthcare Podcast 

Listen to Eric Demers and host Dr. Richard Greenhill discuss how Madaket’s technology makes healthcare administration less of a burden on physicians.

Listen on Spotify, Apple Podcasts, and Buzzsprout. 

See what else we've been up to.

Watch: Madaket Minute—No Surprises Act and Why You Will Lose When You Challenge

The No Surprises Act (NSA), federal legislation effective January 1, 2022, established new protections and provisions for insured consumers, including an independent dispute resolution 30-day period for the plan and provider to try to negotiate a payment amount for any surprise medical bill. The first episode in our Madaket Minute series provides a quick overview of the NSA and what happened in one case when a physician tried to challenge it.

The Counseling Compact's Impact on Licensing  

The Counseling Compact is an interstate agreement that permits professionally licensed counselors for telehealth and in-person practice in other participating compact member states without having to obtain multiple licenses. Watch this installment of the Madaket Minute to find out which states are involved so far and how this legislation helps meet increased patient demand across state lines.

Is Your Front-End Revenue Cycle Broken? 

The front-end revenue cycle is everything that happens before a claim gets submitted for payment. For providers, the first step where the revenue cycle can go wrong is when a patient gets scheduled for the first time. This Madaket Minute video, the first in a five-part series, explains some of the front-end errors to watch out for so providers can avoid denials and rejections, decreased revenue and cashflow, and unhappy staff.

Definitive Guides in Provider Data Management

While it may not be obvious to some, provider data drives the most fundamental processes in the healthcare system. The ability for providers and payers to manage provider data – demographic, professional, and financial – effectively and efficiently is the foundation of a successful provider-payer partnership. Get your bearings on these complex topics in our new guides that provide the groundwork for essential PDM and administrative ops.

• The Definitive Guide to Provider Credentialing and Payer Enrollment
• The Definitive Guide to Medical Licensing
• The Definitive Guide to Continuing Medical Education (CME) Management 

4 Common Challenges with Provider Credentialing

Payer enrollment, the multi-step segment of credentialing that connects providers and payers, is particularly complex, and contributes to more than $2 billion spent annually to maintain provider databases. Meanwhile, estimates show that an industry-wide source of truth could eliminate up to 75% of costs related to maintaining provider databases. We’ve outlined four of the most frequent roadblocks in provider credentialing and how our automated platform can solve them.

Standardize Your Administrative Ops with Madaket's PDM Platform

Eliminating recurring expenses that cost healthcare billions of dollars is our sweet spot. We bring essential provider operations—licensing, enrollment, expirables, verification, and CME management—under one roof so you can complete them all with ease. More than 80% of U.S. provider groups use Madaket PDM for their key provider operations. Start rooting out administrative waste and grow your bottom line with by digitizing PDM with our simple, cloud-based and SOC compliant solution.

If you want to stop wasting time and money,
it’s time to make the move to Madaket today. 

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