McKesson tackles healthcare waste, abuse and fraud with proactive payment integrity solutions

Feb. 21, 2013

NEWTON, Mass., February 20, 2013 — The National Healthcare Anti-Fraud Association estimates the waste, abuse and fraud problem in the U.S. healthcare industry at 3% of total costs. As payers seek new ways to address the issue, McKesson has seen increased interest in its proactive technology solutions that emphasize pre-pay prevention rather than inefficient “pay and chase” processes. In 2012, the company signed two new clients for InvestiClaim, its enterprise waste, abuse and fraud management system, and five new clients for its ClaimsXten Waste and Abuse KnowledgePack claims editing rules. Several additional clients went live with the KnowledgePack in 2012, including Health Alliance Plan of Michigan.

“In navigating new, more complex payment models, payers face even greater challenges in ensuring that dollars are spent appropriately. Flexible, advanced reimbursement solutions are essential to maintain payment integrity while enabling innovation and containing administrative costs,” said James Evans, vice president of financial and network management at McKesson Health Solutions. “Our clinical editing content and advanced technology paired with neural analytics represent a more intelligent approach to waste, abuse and fraud prevention that helps payers stay on top of emerging payment risks.”

McKesson’s comprehensive payment integrity solutions help payers address all known issues of waste and abuse up front with pre-pay claims editing rules, while pre- and post-pay neural analytics provide another layer of detection for unknown or emerging issues. Importantly, because both payment integrity solutions are integrated on the McKesson Total Payment platform, they form a continuous improvement loop in which reasons for unknown waste or abuse found in the neural analytics can be quickly addressed with new policies or editing rules.

For more information on McKesson Health Solutions, visit the Web site. You can also hear from experts at MHSDialogue and follow McKesson on Twitter at @McKesson_MHS.

Sponsored Recommendations

AI-Driven Healthcare: Empowering Nurses, Clinicians, and Care Teams for Smarter, More Efficient Care

Explore how AI-first ThinkAndor® is transforming nursing workflows and patient care at Sentara, improving outcomes, reducing readmissions, and enhancing care transitions in this...

The Future of Storage: The Complexities and Implications in Healthcare

Join us on January 23rd to explore the future of data storage in healthcare and learn how strategic IT decisions today can shape agility and competitiveness for tomorrow.

IT Healthcare Report: Technology Insights for a Transformative Future

Explore the latest healthcare IT trends, challenges, and opportunities in AI, patient care, and security. Gain actionable insights to navigate the industry's transformation.

How to Build Trust in AI: The Data Leaders’ Playbook

This eBook strives to provide data leaders like you with a comprehensive understanding of the urgent need to deliver high-quality data to your business. It also reviews key strategies...