Dynamic Healthcare Systems Announces Webinar Focused on Identifying and Mitigating Risk from CMS Overpayments
Irvine, CA – February 16, 2017 — Dynamic Healthcare Systems, a leading provider of enterprise-wide solutions to health plans participating in Medicare Advantage, Managed Medicaid, and Marketplace programs, today announced its latest educational webinar, “Identifying and Mitigating Risk from CMS Overpayments”, to be presented on February 22, 2017.
Medicare Advantage health plans are justifiably concerned about the potential impact on revenue and the risk of substantial penalties due to potential overpayments from CMS. Since July of 2014, CMS has allowed the reporting of erroneous risk adjust data, which results in overpayment, outside of the normal submission periods. This places a tremendous burden on health plans to identify overpayments determined through “reasonable diligence” and then to submit the necessary information to CMS to address the overpayment. Not only are Medicare Advantage health plans struggling with the identification of overpayments but also with taking the necessary steps to accurately delete encounters from both the RAPS and EDS systems to wholly demonstrate their intent to meet CMS guidelines and requirements.
Register now to attend Dynamic’s upcoming webinar, Overpayments: Identifying and Mitigating Risk, to learn how Dynamic is helping its clients mitigate the risk of CMS Overpayments. The webinar, presented by Dynamic’s Senior Consultant, Deniese Crittenden, MSN, MHA, BSW, RN, takes place on Wednesday, February 22, 2017, from 11:00 am – 12:00 pm PST.
Click here to register: webinar registration
“Since 2014, Medicare Advantage Health Plans are required to identify CMS overpayments dating back six years which places a lot of responsibility and burden on the health plans,” said Lonnie Hardin, Dynamic’s Chief Operating Officer. “Our clients are finding our consultative approach combined with our best in class enterprise platform to be a tremendous asset in helping them mitigate this overpayment risk,” Hardin added.
Dynamic’s robust solutions provide Medicare Advantage health plans with an enterprise-wide platform that enables a strong risk adjustment strategy ensuring maximum and accurate risk-adjusted payments. Dynamic’s integrated software solutions are designed to ensure health plans meet the complex compliance and data processing requirements that the Centers for Medicare and Medicaid Services (CMS) establishes, monitors, and enforces. Dynamic’s solutions integrate various sources of health plan and provider data to create a single view of a Plan’s membership. This single view facilitates the delivery of high-quality managed care while helping health plans meet compliance and revenue management challenges.
About Dynamic Healthcare Systems
Dynamic Healthcare Systems, Inc. delivers comprehensive enterprise software solutions and services for health plans with Medicare Advantage, Medicaid, and Marketplace lines of business striving to succeed amid new and evolving regulatory requirements. Headquartered in Irvine, California, the company brings world-class innovations to companies serving the government-regulated healthcare population. For more information, visit http://www.dynamichealthsys.com or call 949.333.4565.