Benefits to Your Practice

Universal Provider Datasource (UPD) is a proven solution and a smart alternative to traditional methods of collecting provider data. In user studies, office managers who handle credentialing for providers say that UPD:

• Saves time
  Filling out multiple forms can take hours, especially when a practice contracts with multiple health plans. UPD eliminates the need to fill out multiple, redundant and time-consuming forms. Based on figures from a Medical Group Management Association cost analysis, CAQH estimates that UPD effectively reduces provider administrative costs by more than 2 million man-hours in one year (the equivalent of 1,300 full-time employees).
• Saves money
  Medical practices often spend thousands of dollars to buy specialized software, hire consultants or even employ full-time staff to manage the administrative burden of reporting provider data. UPD is entirely free to providers, and helps practices save money on administrative resources. Based on figures from a Medical Group Management Association cost analysis, CAQH estimates that UPD effectively reduces provider administrative costs by more than $80 million per year.
• Minimizes paperwork
  Health plans traditionally require physicians to update credentialing information every two or three years. For providers who contract with multiple health plans, this can mean an almost constant stream of paperwork. With UPD, credentialing and other updates are conveniently fulfilled online in a matter of minutes. UPD has eliminated more than 2 million legacy credentialing applications to date.
• Keeps information current
  Keeping practice information up-to-date isn't just important for credentialing purposes, it's important for health plan records and directories too. With UPD, a physician or healthcare provider only needs to update information that has changed. There's no need to fill out information forms over and over again.