7 Key Strategies to Protect Providers Against Rising Medical Malpractice Verdicts
Explore strategies for healthcare providers to protect against medical malpractice verdicts with tips on risk management, insurance, and high standards of care.
is a collaborative group of sister companies. We are a team of credentialing specialists, MPLI and provider enrollment experts.
What’s in a name? Why ‘Fifth Avenue‘? Our journey began in a modest setting, our first office nestled in a small, rural town on Fifth Avenue in Oklahoma. Today, we proudly serve healthcare providers nationwide, rooted in our humble Midwestern origins while aspiring to deliver the white-glove service synonymous with Fifth Avenue in New York City.
Fifth Avenue Healthcare Services has dedicated nearly two decades to the intricate realm of credentialing. Our team boasts nearly 500 years of combined industry experience. The coveted NCQA Credentialing Accreditation stands as a testament to Fifth Avenue’s unwavering commitment to best practices in fulfilling our providers’ credentialing requirements.
Our family of companies, including Primoris Credentialing Network, 5ACVO, and Fifth Avenue Agency, collectively address diverse aspects of credentialing. Irrespective of the specific credentialing needs, we harness the synergy of our offerings, foster team collaboration, and leverage proprietary technology to tailor the ideal solution.
Primoris Credentialing Network stands as one of the most extensive credentialing Independent Practice Associations (IPAs) in the country.
Primoris offers provider enrollment services to thousands of providers, encompassing over 54 health plans and network options. Continuously expanding, Primoris is extending its delegated authority with various health plans across the Midwest, including states such as Illinois, Missouri, and Texas.
5ACVO, a Credentialing Verification Organization (CVO), serves a wide range of healthcare clients throughout the United States. Its clientele includes hospitals, surgery centers, and clinically integrated networks, reflecting its commitment to supporting diverse medical establishments with credentialing services.
Our clients obtain numerous benefits from working with our CVO. 5ACVO focuses on cutting credentialing costs, increasing expertise through experienced teams, and speeding up the entire credentialing process.
Fifth Avenue Agency has effectively utilized the credentialing data and technology resources of the Fifth Avenue Group to develop a streamlined and efficient process for obtaining medical malpractice insurance.
This innovative approach ensures a thorough yet swift experience for clients. As a result, it fosters a more competitive market, leading to reduced insurance rates and a more user-friendly shopping experience for the insured.
All Fifth Avenue Healthcare companies employ proprietary software to manage data and workflow, resulting in unparalleled capabilities to offer clients comprehensive reporting, accessible web portals, and enhanced efficiency. Research demonstrates that working with a CVO like ours can lead to significant cost reductions in credentialing, offering more than twenty ways to cut costs.
Furthermore, we have optimized the credentialing process, reducing the conventional 52 steps down to just 6, streamlining the creation of complete credentialing files ready for committee or board review. Our combination of a skilled team and leading-edge technology ensures smarter, simpler, and superior credentialing services.
2003
year services started
16,010+
Providers served
663%
increase in $500k+ medical malpractice payment records per NPDB (1990-9/2020)
75%
of our MPLI team have 10+ years industry experience
$309,908
is the average payout for medical malpractice claims
(2009 – 2018)
Explore our award-winning and comprehensive credentialing blog for the latest updates and insights in the healthcare industry. Our blog covers a wide range of topics, including credentialing, delegated credentialing, provider enrollment, medical professional liability, telehealth, and medical malpractice. We also provide up-to-date information on COVID developments, along with news and insights from health plans, partners, and payors.
Stay informed with our ongoing healthcare industry updates.
Explore strategies for healthcare providers to protect against medical malpractice verdicts with tips on risk management, insurance, and high standards of care.
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Learn how delegated contracting in healthcare credentialing improves efficiency, reduces administrative burden, and enhances provider-payer relationships.
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For important updates on COVID, news from health plan and networks, Medicare and Medicaid, along with important information on issues from AAAHC, NCQA, and PECOS, check out our credentialing blog or contact us with any questions.
There are numerous benefits to working with Fifth Avenue Healthcare Services. We are here to help!
Join thousands of other providers, doctors, surgeons, medical practices, rural hospitals and large medical groups across the country to take advantage of the synergy created by Fifth Avenue Healthcare Services.