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Understanding the role of CVOs
Have you heard the acronym CVO lately and wondered what it stands for? Credentials verification organizations (CVO) are entities that perform a set of credentialing activities on behalf of clients (e.g., hospital medical staff services department, health plan) pursuant to an agreement. A CVO can usually verify practitioner credentials in a manner that is more efficient and cost-effective than the client can perform itself. This is due to the CVO’s ability to leverage the volume of practitioner verifications it performs and its use of this information on behalf of multiple clients, which therefore reduces duplication of effort.
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