CVO stands for Credentials Verification Organization. CVOs perform primary source verifications (psv).
Credentialing is necessary for every healthcare provider, and a Credentials Verification Organization (CVO) can streamline the process. Patients must know their care providers are fully qualified for the position and that sharing sensitive information with their doctors and nurses is safe.
The credentialing process is long and tedious since it involves using high-quality data to verify a person’s experience and identity. If this process is conducted independently, there is a risk of error or miscommunication. This is why many healthcare providers rely on a CVO for credentialing.
A CVO works with organizations to provide primary source verification (PSV) of a practitioner’s experience and qualifications. A CVO can significantly reduce the administrative requirements of healthcare organizations by taking on the responsibility of gathering relevant information on new providers. This includes searching for and verifying a candidate’s medical education, work experience, licenses, and other necessary certifications.
A CVO also performs a thorough background check, searching many databases like abuse and sex offender registries. A CVO can also conduct credentialing on current practitioners to verify the qualifications of an entire staff.
Why Do CVOs Perform Primary Source Verifications (PSV)?
If a practitioner’s experience is not properly verified, there is a risk of error that could lead to unqualified practitioners on the floor. Not only would this be a danger to patients, but not verifying could allow unqualified practitioners to work without a proper understanding of federal and state regulations regarding safety and privacy. Organizations that hire a CVO can guarantee that their staff is highly trained and that their patients will be cared for safely.
5ACVO provides organizations with efficient credentialing processes that thoroughly verify practitioners. This CVO has a team with a combined 385+ years of experience and has simplified the lengthy credentialing process traditionally consisting of 52 conventional credentialing steps.
The credentialing process traditionally consists of at least 52 traditional steps to have complete confidence in a candidate’s experience. 5ACVO has reduced the credentialing process to just 6 simple steps, making it one of the most efficient credentialing processes out there.
Who Is 5ACVO?
5ACVO is a member company of Fifth Avenue Healthcare Services, along with Primoris Credentialing Network and Fifth Avenue Agency. This collaboration bands highly experienced teams together to provide world-class credentialing services to healthcare organizations.
Choosing a CVO like 5ACVO reduces administrative efforts for healthcare organizations, saving time and money while ensuring the safety of patients and enabling the most excellent performance standards.
More about 5ACVO
5ACVO is a NCQA Credentialing Accredited specializing in credentialing and primary source verification and is part of the Fifth Avenue Healthcare Services family. 5ACVO sister companies include Fifth Avenue Agency (MPLI and medical malpractice insurance specialists) and Primoris Credentialing Network (credentialing and provider enrollment specialists with 54+ health plan and network provider enrollment options).
5ACVO originally published this article here. For more information on 5ACVO, please visit 5ACVO.com or Contact Us.
