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In addition to
our traditional auditing reviews we provide more in depth Operational
Audits which may involve data, financial and process mapping, and can
include the following considerations:
- Organizational
and functional reviews including staff analysis, workflow, file support
and assignment procedures
- Review authority
and reporting levels
- Systems
and data processing procedures along with a review of data accuracy
- Our audits
will reveal how well claims are documented, including claim payments
and reserves
- Analyze the
current claims organization
with respect to client service, cost reduction and claims delivery
- Audit Medical
bills to identify duplicates, state fee schedule compliance, and the
over utilization of services
- Review and
analysis of Litigation Management
procedures and results
- Reconciliation
of loss data to ensure financial accuracy, elimination of improper
claims and incorrect charges
- Review loss
funding arrangements with TPAs
- Analyze claim
opening / closing activity to eliminate potential reserve redundancy
- Review contracts
to improve data supplied by the TPA, reduce service fees and loss
fund escrow levels
- Conduct operational
and financial reviews of TPAs to ensure data integrity
- Statistically
benchmark each function of the claim handing process, including final
settlement in order to provide an overall leakage
assessment
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