ProviderTrust, LLC

Description

Nurturing and growing relationships with vendors takes a lot of time and effort, directly affecting your company's bottom line. A well-managed vendor-client relationship will result in increased satisfaction, quality, efficiency, and service for all those involved. One significant challenge for any A/P or Procurement team is to make sure that each of the company's vendors have submitted required documentation (W9, Licenses, EFT payment information) and contact information. With the ProviderTrust VendorProof solution, we give you the power to streamline your onboarding and data collection process, all while simultaneously monitoring your vendors' OIG exclusion status. VendorProof gives you instant access to all of your vendor data in one place, saving you time and money, and giving you the confidence to make timely payments to your vendors.

Effective March 25, 2011 within the Affordable Care Act, CMS recommended states require monthly checks of the OIG LEIE exclusion list for all employees and providers involved in providing healthcare services for an organization billing Medicare and Medicaid.

ProviderTrust recognizes the need to balance effective compliance with cost-effective solutions. We have developed a unique monitoring program that is cost neutral to you as our client. When implemented with our full suite of products, you will greatly reduce your overall compliance monitoring costs. Your vendors will pay a small annual fee to register for VendorProof. Based on your vendors' participation level, we will extend a sliding-scale discount on your full service ProviderTrust monitoring fees.

The ProviderTrust team member processing the possible match will make every attempt to verify that the excluded party matches your monitored employee, provider, or vendor. Only once we can confident we’ve located all the primary source information necessary to make the determination, do we confirm the exclusion match. ProviderTrust exclusion matching service takes every measure to ensure we provide you with only the necessary information, verified by primary sources.

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