Provider data drives the most fundamental processes in the healthcare system. The industry uses provider data to connect patients with healthcare providers, license practitioners, exchange information and pay for services. Though the industry spends more than $2 billion annually to maintain provider data, inaccuracies and inefficiencies persist.

A variety of factors contribute to poor quality provider data, such as the proliferation of proprietary platforms and technologies.

To address this problem, more health plans are seeking to consolidate the management of various related functions in a single platform or with one partner. This approach not only has the potential to improve data quality and consistency, it also reduces costs and administrative complexity for plans.

Read more in “Under One Roof: Simplifying Provider Data Management,” a new white paper from CAQH.