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Thursday, June 7, 2012

FCVS-What is it and Should You Have it?

     As described by their website, the Federation Credentials Verification Service (FCVS) is a service available for medical providers that keeps a record of everything from diplomas to a list of hospitals a provider has received credentials in. Applicants who complete the FCVS process establish a permanent, lifetime portfolio of primary-source verified credentials that can be used throughout the applicant's career for state licensure, hospital privileges, employment and professional memberships. This service is extremely valuable for physicians and for those graduating from medical schools outside the United States or Canada, where verification is often time consuming, costly and difficult. Finally, should the applicant's related programs close or records be permanently lost or destroyed, the FCVS records become invaluable for future credentialing verification needs.

     International medical school graduates are aware of the cost and time associated with obtaining verifications from their medical schools. As FCVS obtains the necessary verifications from your medical school and stores the information permanently in your Physician Information Profile, the time and cost to provide this verification will be reduced. FCVS has collaborated with the Educational Commission for Foreign Medical Graduates (ECFMG) to provide verifications for physicians who were ECFMG certified after July 2004 within a few days.

     Hospitals and insurance providers can also use the FCVS profile in their credentialing process. FCVS meets the standards set by The Joint Commission and the National Committee for Quality Assurance (NCQA). Once your profile is established, this allows for hospitals and insurance applications to be processed quickly. 

     Some of the advantages of having a completed FCVS packet are as follows:

• Once FCVS has obtained the primary source verifications, the cost and time required for processing is reduced. Please note that any updates (i.e. additional training or completion of training that was previously in progress) will require additional processing time.
• Records are stored in a central location for ease of access.
• Emergency/disaster preparedness—meaning you won’t lose your verifications and information in case the original record is somehow destroyed.
• Records are available in the event of program closure (more than100 programs close each year).
• License portability—FCVS makes it easier to obtain multiple state licenses.
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 Carolyn Magilley is the Executive Director of Account Managing and Scheduling at Medestar. 
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3 comments:

  1. hi thanks for provide the services of Federation Credentials Verification Service.

    ReplyDelete
  2. Excellent information provide for us.....................
    Customized Credentialing Services

    ReplyDelete