Revenue360

A Comprehensive Revenue Management System for Payers

Membership and Payment Reconciliation

Recon+ (Part C) and Rx Recon (Part D) enable you to reconcile CMS monthly membership and payments to Plan membership and system calculated plan expected payments. Reports are produced to identify and correct enrollment, demographic, and payment discrepancies. CMS adjustments and Plan adjustments are processed to resolve the discrepancies.

Online-screens, batch reports, and extracts are available for your reference and audit purposes. Our Revenue360 tracks CMS and Plan payments and discrepancies at the Plan, PBP, and member level. Account receivables extracts can feed your financial system directly.

How will Recon+ and Rx Recon benefit your Plan?

  • Keeps compliance with the CMS 45-day attestation requirement
  • Identifies demographic and financial differences between Plan data and CMS data
  • Provides an early trigger to identify financial mismatches for Premium Billing, Part A, Part B, Direct Subsidy, and Coverage Gap
  • Enables automatic updates to your financial system with payment extracts and customized G/L feeds
  • Can be configured to work with Duals requirements

RA-Expert (HCC Tracking and Impact Analysis)

RA-Expert, which is driven by Recon, tracks current HCC status from RAPS submissions and performs financial impact analysis of HCC-related financials, providing financial projections at both the Member and the Plan level. Historical HCC information is maintained and presented for comparison with the current HCC status. RA-Expert also provides a RAPS audit trail for clusters that produce HCCs.

How will RA-Expert benefit your Plan?

RA-Expert groups HCC data by payment year, including payment projections for the next payment year based on current year RAPS submissions.

  • Member level HCC and financial impact
  • Current RAPS HCCs compared to MOR HCCs
  • Current RAPS HCCs generated for next payment year
  • Midyear reset projections
  • Final reconciliation projection
  • Compare RAPS-generated HCCs against 5010 Encounter-generated HCCs

Part D Annual Reconciliation

Annual Reconciliation process reconciles previous and current year's estimated payments compared to the Plans actual PDE information.

How will Part D Annual Reconciliation benefit your Plan?

  • Ability to enter Direct and Indirect Remuneration (DDIR) information online
  • Total estimated payments for Reinsurance and LICS
  • Calculate actual Reinsurance, LICS, Risk Corridor based on PDEs

RAPS-Expert

RAPS-Expert processes claims data, editing for acceptable sources and reformatting edited data into RAPS format for submission to Palmetto.

RAPS-Expert prevents duplicate cluster submissions while tracking the source of the duplicate clusters. Common enrollment timing errors are held in suspense and flagged for automatic resubmission once the member is recorded as enrolled. Member and claim information can be viewed online, with all sources of data for a RAPS cluster cross-referenced back to their originating source.

How will RAPS-Expert benefit your Plan?

  • Minimizes common RAPS errors
  • Minimizes the amount of time Plans spend preparing, processing, reviewing, and reconciling RAPS data and RAPS return files
  • Provides preliminary qualification for acceptable risk adjustment sources

Encounter Data Processing System

EDPS ( Encounter Data Processing System) is a CMS and HIPAA compliant 5010 claims encounter processing system. EDPS uses existing claim formats and sends them through an Extract, Transform and Load (ETL) processing to produce CMS-compliant outbound 5010 encounters.

EDPS receives your files, transforms the data, and transmits edited 5010 encounters to CMS. A custom extract of CMS responses is created, identifying named errors in plain language for easier correction, and formatted for use in a correction and resubmission workflow system.

How will EDPS benefit your Plan?

  • Manages front-end testing, end-to-end testing and certification logistics
  • Maps inbound claim and adjudication data, utilize customer proprietary claim formats
  • Complies with EDPS mandated deadlines and regulations
  • Maps customer claim formats to 5010 loops/segments
  • Leverages industry standard ETL Products to produce 5010 x12 claim encounters - HIPAA Compliant
  • CMS specific edits/logic ensure high CMS acceptance percentage of transactions
  • Encounter Data Management System to track and manage accepted and rejected claims
  • Data storage for both inbound and outbound files and reports