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SCAN Health Plan Selects Dynamic Healthcare Systems to Provide Revenue Reconciliation and Part D Management Software
Irvine, CA (PRWeb) March 13, 2007 -- Dynamic Healthcare Systems, a provider of innovative solutions for Medicare-focused health plans and Stand-alone prescription drug plans (PDP), today announced that it signed an agreement with SCAN Health Plan to provide professional services and hosted software. Under the agreement, Dynamic will provide SCAN its Voyager Software Suite, giving one of California's largest senior-focused health plans Medicare Advantage management capabilities to help them with complete Part A/B and D revenue reconciliation and Part D event (PDE) administration.
"Under the current healthcare regulatory environment, a rapidly growing health plan like SCAN requires robust systems offered by Dynamic to allow us to provide the highest level of service and optimal benefits to our members," said Dennis Eder, SCAN's Chief Financial Officer. "Dynamic's technology and services will help our company automate and optimize our efficiency as a business, while ensuring compliance with guidelines issued by the Centers for Medicare & Medicaid Services (CMS) while we focus on enhancing delivery of services to our members."
The Dynamic Healthcare Systems' Voyager Software Suite provides a comprehensive of Revenue Reconciliation and PDE Management Toolkit. Through its Revenue Reconciliation Module, Dynamic will help SCAN manage Part A/B and D payments by tracking and resolving discrepancies by contract, including specific bid rate reconciliation. Dynamic's PDE toolkit gives SCAN a complete data system that allows it to integrate, analyze and act on real-time information to help control costs related to PDE submissions. In addition, the PDE toolkit provides a fully developed PBM compliance program that allows SCAN to meet CMS monitoring requirements.
"A health plan that does not have control over its PDE process and the technology to adequately fulfill CMS compliance requirements is at financial risk," said Ken Stockman, Founder and Chief Executive Officer of Dynamic Healthcare Systems. "Dynamic's Voyager Software allows health plans, managed care organizations and PDPs to achieve process improvement and new analysis in an increasingly time critical manner to maximize revenue and cost containment opportunities."
About SCAN Health Plan
SCAN is one of California's fastest-growing senior-focused health plans, currently serving more than 95,000 Medicare-eligible individuals in Kern, Los Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura counties. In addition, the plan was recently awarded a three-year contract by the Arizona Health Care Cost Containment System to provide long-term care services in Maricopa County. Further information may be obtained at www.scanhealthplan.com.
About Dynamic Healthcare Systems
Dynamic Healthcare Systems, Inc. delivers comprehensive solutions for health plans and MSOs striving to succeed amid new and evolving regulatory requirements. Headquartered in Irvine, California, the company brings world-class innovations to companies serving the Medicare population. Dynamic Healthcare Systems can be reached at (949) 975-1877. www.dynamichealthsys.com.
Contacts:
Dynamic Healthcare Systems
Media Relations
Jay Baker
Phone: 805.906.7327
Web: http://www.dynamichealthsys.com
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