Case Study

Hidden Opportunities: ‘Second Pass’ Audit Unearths $2.5M for Medicare Advantage Plan

Company Profile
National Healthcare Analytics & Recovery Organization
Opportunity

Medicare Advantage Plan
“Second Pass” Audit

Impact
$2.5MM
missed claim recovery

Opportunity

Payment Integrity organizations employ a combination of subject matter experts and proprietary technology, which means that the results each entity achieves has potential and limitations specific to their technology and the people behind it. As a result, many payors use multiple payment integrity organizations to amplify the level of expertise evaluating claims payments in order to maximize their recovery results.

Solution

We were engaged as the “second pass” auditor for a 47,000 member Medicare Advantage plan, behind a large, national healthcare analytics and recovery organization. Utilizing the expertise and knowledge of our team, our detailed scrutiny uncovered missed claim recovery opportunities in the amount of $2.5MM total dollars, back to the plan and ultimately, their members.

Featured

Related News and Events

Explore the latest news and events from Penstock
Our client was eager to expand beyond its existing state boundary, yet faced challenges with
A national Medicare health insurer was looking for a partner to conduct second-pass, post-payment audits
Discover how Penstock's comprehensive analysis and expertise in compliance led to the identification and recovery

Let’s get started

Ready to mitigate recurring, high-cost claim and regulatory filing errors? 

Payment Accuracy

From training and education to technology and scale, we’ll help your health plan transform into a payment integrity powerhouse.

Regulatory Efficiency

We understand every facet of the regulatory filing process. We’ll take care of your certification, while you focus on what matters most—your members.

We're always innovating.

Our team is continuously inventing and launching new solutions. Subscribe to our newsletter for the latest news & updates from Penstock.