KING OF PRUSSIA, Pa., Feb. 2, 2016 (GLOBE NEWSWIRE) -- TMG Health, the leading national provider of Business Process Outsourcing solutions to the Medicare Advantage, Medicare Part D and Managed Medicaid markets, announces that it will host a live, complimentary webinar entitled, "The Latest Trends in Prospective Cost Avoidance for Medicaid Payers" on Wednesday, February 10, 2016, from 1:00 p.m. to 2:00 p.m. Eastern Time. The webinar will offer insight from Howard Green and Steven Konsin Jr. of Syrtis Solutions.
The webinar will discuss third party liability and strategies to maximize cost avoidance efforts in order to avoid improper payments. Topics include:
- The history of third party liability, Other Health Information (OHI) discovery and cost avoidance practices for Medicaid Payers
- A brief discussion about E-Prescribing databases and how they are configured to deliver ACTIVE OHI in real-time
- How access to the largest database of ACTIVE commercial Rx OHI can assist in both Medical & Rx cost avoidance for Medicaid
- Strategies for Medicaid payers who want to increase OHI discovery rates by 25% over current effort
"Medicaid plans across the country are focused on finding savings for taxpayers while maintaining the highest quality of service to Medicaid members. In order to succeed, the plans need to avoid improper payments," explains William Haggett, Executive Vice President of Corporate Development & Strategy at TMG Health. "With an average of only 10% of errant payments being recovered from third party sources (such as Medicare or private insurance), it is vitally important for Medicaid plans to avoid those payments altogether and eliminate the need to 'Pay and Chase' to recover those funds."
The 45-minute presentation will be followed by a live question and answer period.
For more information or to register for this complimentary webinar, visit http://www.tmghealth.com/resources/webinars/latest-trends-in-prospective-cost-avoidance-for-medicaid-payers-webinar/
About TMG Health
TMG Health is the leading national provider of Business Process Outsourcing solutions for Medicare Advantage, Medicare Part D and Managed Medicaid plans. With more than 17 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.