QuickCred, the credentialing division of MedTrainer, Inc., announces its partnership with athenahealth, the leading provider of network-enabled services for electronic health records (EHR), medical billing and care coordination. The collaboration will enable medical practices to take advantage of QuickCred’s state-of-the-art compliance and credentialing system while optimizing revenue cycle management through athenahealth.
By merging the strengths of QuickCred and athenahealth, medical practices can solve three of their biggest challenges today: administrative strain, clinical efficiency and financial performance. QuickCred and athenahealth’s partnership seeks to help practices dedicate more time to patient care with steady cash flow and full revenue potential by supplying practical, streamlined ways of managing provider credentialing, payer enrollments and privileging.
Regarding the partnership, Steve Gallion, CEO, MedTrainer, the parent company of QuickCred, said, “Provider credentialing is essential to success. Proper credentialing management helps practices avoid the adverse effects of payment delays that quickly compound into serious issues. By joining QuickCred’s streamlined and intuitive compliance and credentialing platform to athenahealth’s revenue cycle management solutions, we are mutually diversifying our messages and bringing greater marketplace benefits to all our customers.”
Ted Gottis, senior vice president, QuickCred, said, “While both companies have very different software solutions, we share a common goal to bring the value-add of a trusted relationship to our mutual customers, helping them streamline and optimize their medical practices. QuickCred’s credentialing services pair perfectly with the need for athenahealth’s clients to deploy credentialing programs that are executed correctly and consistently in order to increase the quality of patient care, ensure proper revenue cycle management and defend against potential litigation.”
MedTrainer is the creator of an all-in-one compliance management suite that encompasses all the tools healthcare professionals need to manage processes, increase departmental collaboration and simplify compliance.
Elevator pitch
The MedTrainer all-in-one compliance management suite combines a learning management system (LMS) with governance, risk and compliance (GRC) and provider credentialing to make compliance management accessible online, 24/7, to all healthcare organizations at a price they can afford.
Founders’ story
After growing three different companies to profitable buyout, MedTrainer’s co-founders, Steve Gallion (CEO) and Jorge Fernandez (COO), invested the equity from the eight-figure acquisition of the third joint endeavor, Waste Stream Solutions (a more than 4,700 percent return on investment), to co-found and fund MedTrainer.
Gallion and Fernandez realized the inefficiencies and challenges of the current market and created the first all-in-one compliance management suite that encompasses all the tools healthcare professionals need to manage processes, increase departmental collaboration and simplify compliance. The powerful, innovative and affordable solution improves efficiency across practices.
MedTrainer is headquartered in Redlands, California, and has offices in Denver; New York; Washington, D.C.; Queretaro, Mexico; and Mexico City. In 2017, the company doubled its staff to 85 employees, added a chief technology officer to foster continued development and enhance top-level support, and achieved 400-percent growth over the previous year. The system is now used by 300,000 healthcare professionals, representing 15,000 healthcare sites and Fortune 500 companies across North America. Not only have these organizations saved money by consolidating to a single compliance management solution, but they have also seen how proper training and compliance management can directly result in more efficient facility operations and a higher level of patient care.
Marketing/promotion strategy
Founded in 2013, MedTrainer supports primary care offices, ambulatory surgery centers, urgent care facilities, multi-specialty practices, federally qualified health centers (FQHC), dental offices, veterinary practices, long-term care facilities and community health centers. The company uses a mixture of direct marketing, online and offline strategy, and partnerships to promote the MedTrainer suite.
Market opportunity
In the healthcare industry, compliance and education software has always been reserved for enterprise-level organizations and major hospital systems. Even then, healthcare professionals have to run dozens of different software in parallel to manage requirements. Add growing regulations and shrinking budgets and it becomes even more difficult for healthcare providers to keep up with compliance education requirements and provide top care to their patients.
With MedTrainer, healthcare organizations can access more than 25 different modules 24 hours a day. MedTrainer’s CMS provides a learning management system with more than 200 custom courses; modules for management of policies and procedures, SDS, equipment life cycles and contracts; a license and credential tracking center; safety plans and incident reports; expert virtual compliance support; QuickCred provider credentialing; compliance tool kits; OIG/SAM checks; and security risk assessments.
Who are your competitors?
As the first all-in-one compliance management suite on the market, MedTrainer does not have any direct competitors. However, companies like HealthStream, Verity and Relias provide solutions with similar functionality to some of MedTrainer’s modules.
Continue Reading