16 Apr Partnerships Can Relieve a Significant Burden on Payers when Attempting to Handle CMS Administrative Requirements in the Medicare Advantage Market
New White Paper by TMG Health outlines best practices for meeting the challenge of managing CMS requirements for collateral, letters and notifications.
King of Prussia, PA – April 16, 2014 – It is a significant challenge for Medicare Advantage Plans and Prescription Drug Plans to manage CMS-required collateral, letters and notifications in-house, according to a new white paper by TMG Health. A partnership with a third party administrator can relieve the internal burden and provide several advantages to payers.
The white paper, “3 Elements of Medicare Advantage You Don’t Want to Tackle Alone” outlines the significant burden payers shoulder to understand and meet the ever-changing requirements for reporting, tracking, and member communication that flow from CMS. The paper offers advice and outlines best practices for meeting the challenge while providing a superb member experience, remaining compliant and maximizing revenue.
Insight and recommendations are provided by TMG Health’s operational subject matter experts; as well as Denyse Wise, founder and CEO of Colorado-based Medicare Consulting Firm, Madena; and Jessica Vander Zanden, Director of Medicare Compliance and Star Quality for Network Health, a Wisconsin-based health plan.
TMG Health is the leading national provider of administrative solutions to the Medicare Advantage, Medicare Part D and Managed Medicaid markets. With more than 15 years of experience in providing technology-enabled Business Process Outsourcing services to insurers, employers, health plans and providers, TMG Health offers an innovative and comprehensive suite of services designed to minimize a plan’s capital investment, lower a plan’s ongoing operational costs and reduce the risks associated with the Medicare Advantage and Medicaid Managed Care plan administration.
For a free copy of the report, visit http://www.tmghealth.com/3-elements.
About TMG Health
TMG Health is the leading national provider of expert solutions for Medicare Advantage, Medicare Part D and Managed Medicaid plans. With more than 15 years of experience in providing technology-enabled services to the government market exclusively, our knowledge of health plan processes, regulatory requirements, and the daily challenges plans face within the government market is second to none. Our expertise, coupled with a strong commitment to our Clients’ success, positions us as a trusted partner who can help solve the challenges of today and prepare for those of tomorrow.
TMG Health is headquartered in King of Prussia, Pa. and is a subsidiary of Health Care Service Corporation (HCSC), the largest customer-owned health insurer in the United States and fourth largest overall, operating through its Blue Cross and Blue Shield® Plans in Illinois, Montana, New Mexico, Oklahoma and Texas. HCSC’s headquarters is located in Chicago, IL.
Visit www.tmghealth.com to learn more about TMG Health.