In general and on average, expect to pay $2,000 - $3,000/year for physician credentialing services.

Payer enrollment or provider enrollment credentials are specifically used for applying to an insurance panel. Medical credentialing is a repository of information to verify the valid status of a healthcare practice and each of its members.

Before a provider or organization can bill an insurance carrier, the provider must first be credentialed by the carrier. Credentialing is the process by which a health insurance carrier formally assesses a provider's qualifications, and competency based on demonstrated competence.