Stand-alone payment variance tools and similar programs that are components of patient accounting systems can be a valuable part of auditing contractual payments. However, sole use of a software program to identify payment variances puts providers at risk for losing substantial reimbursement.
When these systems are used in conjunction with a review of payments by an
independent third party, providers are likely to collect substantial additional
reimbursement. In fact, an industry best practice is to use a payment variance
program and to engage a separate firm to conduct a zero balance review. This
approach will:
Here are some of the frequently used systems and programs that help
identify
payment variances:
