Case Study: a healthcare payer client simplifies CMS reporting with Concord

Healthcare Payer Client reduces CMS reporting cycle time by 12 days with Concord

Concord worked with a healthcare payer client that was struggling to achieve compliance with CMS reporting requirements. The client needed to demonstrate compliance for organizational determinations but lacked a unified system, as the necessary data was spread across multiple disparate sources and third parties.

Concord developed a centralized compliance reporting database to house all the data elements and included a BI tool for generating reports. This solution made CMS reporting significantly easier for the client. As a result of Concord's work, the client reduced its reporting cycle time by an average of twelve days, decreased annual audit requests by 27%, and significantly lowered overall labor costs.