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Operational Reviews

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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