Claims Audit Tool
An effective claims audit process is critical for all healthcare payers

The need for an effective and efficient claims audit process is critical for all healthcare payers, across lines of business including self-insured, Medicaid, Medicare, Medi-Cal, and commercial plans. With constantly changing reimbursement models, regulations, and rising costs, there is an increased need for proactive identification of issues that affect accurate claims adjudication and compliance. The Claims Audit Tool™ (CAT) is the solution that finds claims which require intervention and can streamline and automate the necessary steps to correct the errors, improving process quality and payment accuracy. CAT scans claims both prepayment and post-payment to identify anomalies and address them based on your business requirements.

CAT is user friendly, intuitive, and low maintenance. The tool works with multiple claims systems, can be quickly implemented, and is flexible and scalable. Clients realize savings from avoiding payment errors and subsequent rework ranging from hundreds of thousands to millions of dollars annually.

Audit Scenario examples include:
  • Timely filing reductions and denials  
  • Correct denial code used (CARC/RARC)
  • Pricing/payment is consistent with contract terms 
  • Verify correct financial responsibility (DOFR, shared risk)
  • Multiple procedure discounts properly applied
  • Validate claims with multiple copay amounts on the same date of service were processed accurately
  • Validate services were consistent with authorization
  • Copays, coinsurance, and deductibles properly applied
  • Focused audits on known risk areas (high dollar claims, providers, retro fee schedules,  etc.) 
  • Random sample audits (on examiners, auto-adjudicated claims, etc.)
  • Duplicate claims

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CAT Features and Benefits

CAT  provides a 360 degree audit to comprehensively review at all areas that impact claims payment and processing accuracy. Some key features and benefits include:

Powerful Audit Filters for targeted and random sample Audits

AUTOMATE audits and assign errors to CLAIMs

Comprehensive Real-Time user generated Reporting

AUTO-IDENTIFIES AND ASSIGNS CLAIMS TO AUDITORS

Customizable Audit Flags

Tracking/Reporting of Audit Results and Savings

email daily error reports to examiners automatically

Automated Import of Data Extracts into Application from any claims system

Ad-hoc -bulk assign claims when large scale error identified

perform timely audits prepayment and reduce rework

Increase savings by finding and fixing errors prepayment

AUTOMATED RANDOM SAMPLES AND REPORTING BY EXAMINER by percentage or number

INTEGRATE WITH SYMKEY AND VIRTUAL EXAMINER TO ENABLE ADDITIONAL FEATURES AND BENEFITS!