TransUnion Healthcare has been awarded a health insurance discovery contract by the U.S. Department of Veterans Affairs (VA). TransUnion’s automated eligibility discovery and verification solutions, already in use by the VA’s Consolidated Patient Account Centers (CPACs) which manage the revenue cycle for 170 VA Medical Centers, works to identify potential “first-in-line” insurance coverage for member claims.
TransUnion Healthcare’s revenue protection solutions leverage revenue cycle technologies, extensive data assets, and reimbursement methodologies to help prevent revenue leakage by identifying potential first-in-line insurance coverage.
The VA Revenue Operations collected just over $3 billion in revenue during FY17 from third-party insurance billing for non-service connected care delivered or paid by VA to veterans who also carried private third-party insurance. Revenue from third-party billing goes directly back to the medical center which collected it as medical care dollars. This reinvestment of medical care dollars equates to better care for our veterans, active military and their families.
The contract will be executed with the guidance of technology services and integrator Gi4 https://www.gi4.us/, a Service-Disabled Veteran-Owned Small Business (SDVOSB). Gi4 is dedicated to supporting the mission of its Federal Government clients through innovative IT Solutions, Program Management, and Human Capital Management.
