2023 Year in Review
ProviderTrust reflects on the moments that brought us challenges and cheers, enabling us to continue to provide the industry’s most accurate dataset for exclusion monitoring and license verification.
Let’s take a look.
7,527
Exclusions found
in 2023
2023 at a Glance
Bill Priest
Chief Compliance Officer
“We're in healthcare, and there's high turnover. You don't want to be checking people who aren't here anymore, and you want to make sure you're checking the right people. So that's, again, a comfort to me that we're doing what we're supposed to be doing. At least, what I know of ProviderTrust, that's your focus, and that's what you do. It's not just one of 12 other service lines that someone's trying to sell me. I feel like ProviderTrust has a real focus on providing a cost-effective and efficient service to its clients by concentrating on exclusion checks. Their customer service is excellent!”
Honored as a 2022 ‘Top Workplaces’ recipient by The Tennessean
Named one of the ‘Best Places to Work’ in Healthcare by Modern Healthcare
Surpassed 110 employees
Celebrated 12-year anniversary
Relaunch of our "PT Give Back Day"
Our 2022 Achievements
9.6m+
We surpassed 9 million people and entities monitored
43m+
License verifications
performed in 2023
Find out why 7 of the top 10 healthcare organizations in the nation have confidence in ProviderTrust.
Learn More
ProviderTrust updated our product interface, implemented a sleek new design, upgraded features, and launched compact and multi-state license verification!
ProviderTrust now has direct integration with Nursys, allowing us to verify compact and multi-state licenses directly from the primary source on your behalf without any manual work for you. Now, every RN, LPN, or LVN verification we return will include Nurse Licensure Compact (NLC) status, removing the potential for human error or delay.
Finally, you can easily manage your mobile and virtual populations.
We're committed to
continued innovation.
In 2023, we verified more than 830,000 licenses continuously.
Our NCQA-accredited automated primary source verifications and ongoing license and credential monitoring ensure that every provider has the required credentials to serve your patients.
Exclusions Found with Enriched Data
Data Integrity for Providers, Employees, and Vendors
License Verification Designed to Scale
Of the 7,527 exclusions that ProviderTrust found this year, 2,860 were found with our enhanced data.
With the average penalty of $167,000 per exclusion, we helped our clients avoid $1.3 billion in potential fines and penalties in 2023.
Exclusions Found with Enhanced Data
Accomplishments
Launched our partnership program
Added 107 new organizations to our family in 2023
Recognized as One of the Best Places to Work in Healthcare in 2023
Surpassed 120 full-time employees
If you’re looking to get started with a sophisticated and continuous verification tool for credentialing activities,
we can help.
95% of those verifications are automated and delivered within 2 days.
95%
In 2023, 38% of all exclusions ProviderTrust found were likely missed by other vendors or systems.
38%
Learn more about ProviderTrust’s relationship with an engaged customer of over ten years, DCI.