EnableSoft & Med Advantage Form Alliance in Medical Credentialing
August 22, 2011
For Immediate Release
Contact: Richard Milam, CEO EnableSoft, Inc.
John Barrett, CEO Med Advantage
EnableSoft, Inc. and Med Advantage announced today that they have formed an alliance to provide integrated data verification services to the healthcare payer marketplace. By combining EnableSoft’s industrial strength Foxtrot data integration technology with Med Advantage’s premier provider credential sourcing and aggregating services, healthcare companies now have a way to flawlessly automate credential input and update into their back-end archival, verification and reporting systems.
A key obstacle that healthcare organizations face on a day-to-day basis is overcoming the requirement to manually enter data into their systems. They are required to enter provider updates while tracking provider credentialing data. In some cases, loading and locating data could take up to 45 minutes per provider. EnableSoft and Med Advantage’s partnership takes the stress out of data entry by automating the process thus removing the manual input requirement. Leveraging Foxtrot technology that has been widely adopted in the banking industry, database files for healthcare organizations can be automatically migrated to the back-end system without programming or bypassing application security or validation steps. Healthcare payers adopting Foxtrot technology for credentialing updates have documented recovery of 95% of time lost to manual processing credentialing data.
For almost 2 decades, EnableSoft, based in Winter Park, FL, has assisted businesses worldwide to increase efficiency and reduce expenses by enabling their Knowledge Workers and Subject Matter Experts to migrate and integrate data without programming. Foxtrot Suite is currently being used by one third of the largest US banks and top healthcare providers.
Med Advantage, based out of Orlando, FL, is a leading and one of the largest Credentials Verification Organizations. Since 1993, Med Advantage has addressed all forms of verification needs but most importantly ensures authenticity and accuracy of provider's credentialing data. Med Advantage is considered one of the largest privately held Credentials Verifications Organizations (CVO) in the country and has served the healthcare space including Hospitals, HMO's, PPO's and Provider Groups. Their database has in excess of 1,200,000 providers and has over 6.3 million elements verified according to the standards of NCQA, URAC, and The Joint Commission (JC).
Med Advantage founder, John Barrett says, “This is not rocket science! Finally, a simple solution for Med Advantage's clients. After 20 years, it's exciting to be able to complete the full circle of credentialing services without jumping through hoops. Most of the time the IT staff is too busy to support the credentialing department with any volume of data coming back, now, with the help of EnableSoft, clients' needs are met simply by teaming up with Med Advantage, EnableSoft and an organization wanting to improve on the efficiency of credentialing and cut costs substantially.”
EnableSoft founder, Richard Milam says, "It has been said that an artist gives the world something that it didn't know that it was missing. The Med Advantage / EnableSoft alliance brings a total efficiency solution to the medical credentialing market that it didn't know it was missing but will never want to be without going forward."
For more information or to request a project evaluation, please contact Med Advantage or EnableSoft.
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