Patient Accounting Systems and Payment Variance Programs

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:

  • Identify limitations of a provider’s variance tool;
  • Collect dollars not found by a variance program; and
  • Supplement the efforts of the providers’ internal staff.

Here are some of the frequently used systems and programs that help
identify payment variances:

  • Concuity
  • Cymetrix
  • Ernst & Young
  • EPIC
  • IDX
  • Kreg Information Systems
  • McKesson/PCON/Pathways
  • MedAssets (Accuro/IMaCS)
  • Meditech
  • MPV
  • PMMC
  • Quadax
  • Siemens Invision
  • SureDecisions
  • TPMS/Harvest