[October 20, 2009] Medversant Brings Out OneSource Provider Data Portal Tweet Oct 21, 2009 (Close-Up Media via COMTEX) -- Medversant Technologies, a provider of integrated provider data management and primary source verification, said that it has launched a provider portal that allows providers the ability to satisfy all credentialing requests from third parties. The OneSource Provider Portal employs patented and patent-pending technologies to markedly reduce administrative burdens, the Company noted in a release. Offered free to providers, OneSource comes at a fraction of the cost incurred by health plans or other health care organizations compared to alternative subscription-based services that fail to deliver the same accuracy and integration. According to Matthew Haddad, CEO of Medversant, "Our Autoverifi technology enabled continuous credentialing, a breakthrough that changed everything. Now, our OneSource Provider Portal signals a new era of change in this industry. Currently, health plans and other health care organizations are spending millions on database charges and internal efforts to initially obtain provider information, only to spend even more to input the information into their existing systems and ensure its accuracy. In most cases, providers need to be contacted repeatedly for additional information requests, adding to the overall cost of a credentialed file and the administrative burden on the provider." "The minute the file is completed, it is already out of date," Haddad adds. "This is not an efficient or trustworthy system. With Medversant's OneSource provider portal, providers update their information as needed, and health plans or hospitals have immediate access to a comprehensive provider data file, which can be integrated into their existing database. We deliver this at a fraction of the cost of existing processes. This will generate millions in cost savings, yet still achieve a single application environment for providers." ((Comments on this story may be sent to [email protected])) [ Back To TMCnet.com's Homepage ]