Navigation Links
Discovery MSP Validation Solution Achieves $200M in Premium Restorations for Health Plan Clients
Date:8/30/2017

LaunchPoint division Discovery Health Partners, a provider of payment and revenue integrity solutions for healthcare payers, has restored a record $200M in premium for its health plan clients through its MSP Validation solution. Honored two years in a row as a top 100 finalist in the Chicago Innovation Awards, MSP Validation helps Medicare Advantage plans recoup millions of dollars to their bottom lines by ensuring the accuracy of healthcare premiums paid by Centers for Medicare and Medicaid Services (CMS) for members with other health insurance.

“We can deliver significant premium restoration in a matter of months, which is continuing to drive strong interest in MSP Validation among health plans,” said Paul Vosters, Discovery president. “Few payment or revenue integrity solutions can boast of such a fast ROI,” he added. Discovery added five new clients in Q2 of 2017, covering in sum 346,000 Medicare Advantage members. New clients include such highly respected health plans as Tufts Health Plan, Geisinger Health Plan, and UCare. More than a dozen new MSP Validation clients have joined the Discovery client roster since the first of the year.

MSP Validation includes the analysis of open MSP records, validation of primacy, ECRS submissions, response monitoring, and premium reconciliation. The solution is typically delivered as an outsourced business process with Discovery experts managing the entire process on behalf of the client. It is often provided as a supplemental offering that complements clients’ existing efforts to help restore more.    Clients can also subscribe to the service as cloud-based software to manage the MSP process in-house, with their own staff. Many choose to take over ongoing maintenance after Discovery manages the initial restoration effort.

About Discovery Health Partners

Discovery Health Partners, a division of LaunchPoint, offers payment and revenue integrity solutions that help health payers improve revenue, avoid costs, and enhance the member experience. We offer a unique combination of deep healthcare expertise and analytics-powered technology solutions to help our clients improve operational efficiency, achieve financial integrity, and generate measurable results. More information is available at http://www.discoveryhealthpartners.com.

# # #

Read the full story at http://www.prweb.com/releases/2017/09/prweb14647767.htm.


'/>"/>
Source: PRWeb
Copyright©2017 Vocus, Inc.
All rights reserved


Related medicine news :

1. Author J.M. Shepherd’s newly released “Glimpses Of Light” is a guide for those looking to embark on a spiritual journey of love and self-discovery.
2. GTB Technologies Expands its Leadership in Data Loss Prevention, Data Discovery, Data Classification and Encryption with Crypt-n-Chive
3. Discovery Health Partners to Speak on Comprehensive Payment Integrity at Medicare Advantage Operational Finance Summit
4. BellBrook Labs Awarded NIH Grant to Develop a High Throughput cGAS Assay for Cancer and Autoimmune Disease Drug Discovery
5. MessageSolution Features Content Archiving and eDiscovery Solutions to Replace MacAfee’s MX Logic at 2017 Infosecurity Europe in London
6. ‘Who’s That Girl?’ Charts Story Of Self-Discovery Through Faith
7. Begin A Journey of Learning and Discovery with Clark Consulting and Coaching
8. Ice Age Discovery Highlights the Benefits of Modern Day Dentistry, says Medical Center Dental Care
9. MessageSolution Showcases Unified Information Archiving & eDiscovery Solution for Compliance & Risk Management at FIS Connect 2017 for Banking and Financial Institutions
10. Author LeJoyce Adams‘s Newly Released “Chucky's Unbelievable Discovery” is a Gentle Children’s Story about Kindness, Honesty and Doing the Right Thing
11. Center For Discovery Celebrates 20th Anniversary in Behavioral Health
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/18/2019)... ... , ... We are pleased to honor thirteen U.S. ... Rising Star ! Each year, Texas Monthly asks doctors across the state ... care. The Super Doctors research team then investigates independently. Candidates are evaluated based ...
(Date:7/17/2019)... , ... July 17, 2019 , ... ... leader offering fresh, insightful, honest perspectives on today’s issues affecting humanity at practical ... 12 p.m. PST on Saturday, July 20, 2019. , Guruji Mahendra Trivedi ...
(Date:7/17/2019)... ... July 17, 2019 , ... Dynamic Healthcare Systems, ... Advantage, Medicaid, and Marketplace programs is pleased to announce the introduction of an ... (EHR) integration at the point of care to providers and provider groups ...
(Date:7/17/2019)... Minn. (PRWEB) , ... July 17, 2019 , ... ... assist healthcare providers working with the ICD-10 coding set, is launching an exclusive ... Education Units (CEUs) at no additional charge, officials announced this week. , ...
(Date:7/17/2019)... ... July 17, 2019 , ... People considering surrogacy usually have an ... Parents’ story differs , but, in addition to creating a family, they have the ... more and more Intended Parents are electing to have a child through the surrogacy ...
Breaking Medicine News(10 mins):
(Date:7/18/2019)... ... July 18, 2019 , ... Fresh blueberries are now ... Berry Collection of homegrown edible berry bushes. , These ornamental berry shrubs, which ... fruit to any garden or on the patio in containers, not out of sight ...
(Date:7/17/2019)... ... July 17, 2019 , ... Highmark Health, Allegheny Health Network (AHN) and ... the region to announce plans for what will be one of the largest health ... State Avenue and adjacent to the Montour Trail, the complex is being developed by ...
(Date:7/17/2019)... ... , ... Eargo the direct-to-consumer health tech company destigmatizing hearing loss ... executive hires: CFO Adam Laponis (from Tesla, Inc.), CMO Shiv Singh (from Visa, Inc., ... , The new hires come on the heels of Eargo’s $52 million ...
Breaking Medicine Technology: