“Second Pass” Recovery Audit Returns $2.5MM to Medicare Advantage Plan

“Second Pass” Recovery Audit Returns $2.5MM to Medicare Advantage Plan

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Penstock is a Goodroot company that develops unique recovery solutions, eliminate unnecessary costs and create lasting systemic change.
Solutions

$1,980,050

Inpatient Coding & Clinical Validation

$332,676

Outpatient Coding & Clinical Validation

$166,220

Professional & Automated Reviews

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.

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.

Learn more about Penstock

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