Providers and Office Managers
With a single, uniform online application, providers can enter their information free of charge and access, manage and revise that information at their convenience. With UPD, you enter information online to satisfy application requirements of participating health plans, hospitals and other managed care organizations. Updates and re-attests can be made instantly at your convenience. Encryption technology keeps your data safe, so that only you control and authorize access to your information.
Universal Provider Datasource (UPD) is a proven solution and a smart alternative to traditional methods of collecting provider data.
- Saves Time
Filling out information forms can take hours, especially when a practice contracts with multiple health plans. UPD eliminates the need to fill out redundant, 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 4.6 million man-hours in one year (the equivalent of 2,200 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 nearly $135 million per year.
- Minimizes Paperwork
Health plans traditionally require physicians to update credentialing information every two or three years, which can mean an almost constant stream of paperwork for providers who contract with multiple health plans. With UPD, credentialing and other updates are conveniently fulfilled online in a matter of minutes. UPD has eliminated more than 3.42 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.