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Compliance Favors Only
the Prepared Plan
Why leave anything to chance?
Why leave anything to chance?
2
Compliance Favors Only the Prepared Plan
Louis Pasteur—the French
microbiologist and chemist who
discovered the principles of vaccination,
microbial fermentation and
pasteurization—is also famed for saying:
“In the fields of observation,
chance favors only the
prepared mind.”
@ 2020 Inovaare | All rights reserved Company confidential
Pathogens in data go unnoticed until something pops … and it’s not a tasty snack
3
Traditional Practices Have Unpredictable Outcomes
ODAG and CDAG programs without
real-time monitoring—and a system
to house the data—can fall prey to
health-plan pathogens such as:
› Chaotic universes
› Untimely notifications
› Inappropriate denials
› Increased expenses
@ 2020 Inovaare | All rights reserved Company confidential
Master the universe and comply with the world
4
Paradigm Shift
› Proactively manage universes
› Uncover pathogens hidden in your data
› Always ensure audit readiness
› Leverage real-time data
@ 2020 Inovaare | All rights reserved Company confidential
Apply Universes Beyond Audits
This ain’t your granddaddy’s monitoring system
6
Utilize Universes Beyond Audits
› Use universes like CMS
› Uncover pathogens hidden in your data
› Be known by the universes you keep
› Leverage real-time data
@ 2020 Inovaare | All rights reserved Company confidential
OMG! Did I just total my audit score?!
7
Use the Windshield, Not the Rearview Mirror
› Member harm
› Civil monetary fines
› NONC
› Enrollment freezes
› Denial of network expansions
› Lower star ratings
› Additional audits
› CARs and or the dreaded ICARS
@ 2020 Inovaare | All rights reserved Company confidential
Be Known By the Universes You Keep
You don’t have to be a Carpenter to be a Superstar
9
Be Known by the Universes You Keep
Real-time monitoring ensures:
› Early identification and correction
› Continuous compliance
› Effective controls
› Completed transaction processing
@ 2020 Inovaare | All rights reserved Company confidential
And pasteurize the pathogens or risk ingesting nasty data
10
Build Upon a Compliant Foundation
› Harness the data in your systems
› Prevent old data from becoming toxic
› Centralize real-time data
› Support seamless collaboration
› Ensure real-time risk identification
@ 2020 Inovaare | All rights reserved Company confidential
What your system doesn’t say may cost you
11
Silence Is Complicity
› Interest paid on claims processed
within expected timeframes
@ 2020 Inovaare | All rights reserved Company confidential
› What if your system can alert
you on case #2, not #68?
• Utilize your existing tools
• Monitor processes
• Observe what’s happening
Now consider this:
Take the road less traveled and experience all the difference
12
Could This Be Your Robert Frost Opportunity?
Hope
› Generate a clean universe without traditional infrastructure
› Create CMS universes on demand in real time
Vision
› View your plan like the CMS sees it
› Detail how to improve your compliance program
Options
› Build it yourself
› Hire consultants
› Leverage technology
@ 2020 Inovaare | All rights reserved Company confidential
Avoid the eternal answer: I don’t know
13
Oh, The Eternal Question
› Know your status at any given moment
› Create a centralized repository
› Identify outliers in real time
› Automate notifications
@ 2020 Inovaare | All rights reserved Company confidential
Thank You
For more info please feel free to reach out to :
Brenda Wade, Compliance Officer Gabriel Viola, SVP Client Relations
brenda.wade@inovaare.com gabe.viola@inovaare.com
(562) 225-2881 (805) 990-3637
14
@ 2020 Inovaare | All rights reserved Company confidential

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Compliance favors only the prepared plan

  • 1. Compliance Favors Only the Prepared Plan Why leave anything to chance?
  • 2. Why leave anything to chance? 2 Compliance Favors Only the Prepared Plan Louis Pasteur—the French microbiologist and chemist who discovered the principles of vaccination, microbial fermentation and pasteurization—is also famed for saying: “In the fields of observation, chance favors only the prepared mind.” @ 2020 Inovaare | All rights reserved Company confidential
  • 3. Pathogens in data go unnoticed until something pops … and it’s not a tasty snack 3 Traditional Practices Have Unpredictable Outcomes ODAG and CDAG programs without real-time monitoring—and a system to house the data—can fall prey to health-plan pathogens such as: › Chaotic universes › Untimely notifications › Inappropriate denials › Increased expenses @ 2020 Inovaare | All rights reserved Company confidential
  • 4. Master the universe and comply with the world 4 Paradigm Shift › Proactively manage universes › Uncover pathogens hidden in your data › Always ensure audit readiness › Leverage real-time data @ 2020 Inovaare | All rights reserved Company confidential
  • 6. This ain’t your granddaddy’s monitoring system 6 Utilize Universes Beyond Audits › Use universes like CMS › Uncover pathogens hidden in your data › Be known by the universes you keep › Leverage real-time data @ 2020 Inovaare | All rights reserved Company confidential
  • 7. OMG! Did I just total my audit score?! 7 Use the Windshield, Not the Rearview Mirror › Member harm › Civil monetary fines › NONC › Enrollment freezes › Denial of network expansions › Lower star ratings › Additional audits › CARs and or the dreaded ICARS @ 2020 Inovaare | All rights reserved Company confidential
  • 8. Be Known By the Universes You Keep
  • 9. You don’t have to be a Carpenter to be a Superstar 9 Be Known by the Universes You Keep Real-time monitoring ensures: › Early identification and correction › Continuous compliance › Effective controls › Completed transaction processing @ 2020 Inovaare | All rights reserved Company confidential
  • 10. And pasteurize the pathogens or risk ingesting nasty data 10 Build Upon a Compliant Foundation › Harness the data in your systems › Prevent old data from becoming toxic › Centralize real-time data › Support seamless collaboration › Ensure real-time risk identification @ 2020 Inovaare | All rights reserved Company confidential
  • 11. What your system doesn’t say may cost you 11 Silence Is Complicity › Interest paid on claims processed within expected timeframes @ 2020 Inovaare | All rights reserved Company confidential › What if your system can alert you on case #2, not #68? • Utilize your existing tools • Monitor processes • Observe what’s happening Now consider this:
  • 12. Take the road less traveled and experience all the difference 12 Could This Be Your Robert Frost Opportunity? Hope › Generate a clean universe without traditional infrastructure › Create CMS universes on demand in real time Vision › View your plan like the CMS sees it › Detail how to improve your compliance program Options › Build it yourself › Hire consultants › Leverage technology @ 2020 Inovaare | All rights reserved Company confidential
  • 13. Avoid the eternal answer: I don’t know 13 Oh, The Eternal Question › Know your status at any given moment › Create a centralized repository › Identify outliers in real time › Automate notifications @ 2020 Inovaare | All rights reserved Company confidential
  • 14. Thank You For more info please feel free to reach out to : Brenda Wade, Compliance Officer Gabriel Viola, SVP Client Relations brenda.wade@inovaare.com gabe.viola@inovaare.com (562) 225-2881 (805) 990-3637 14 @ 2020 Inovaare | All rights reserved Company confidential