ROSEVILLE, Calif., April 12, 2012 /PRNewswire/ -- VARIS, LLC, a privately held recovery audit company, today announced it was awarded the contract to provide services for Hospital Diagnosis Related Group (DRG) Retrospective Claims Review to the Colorado Department of Health Care Policy and Financing. The program supports the Department's identification, correction, and prevention of improper Medicaid payments made to hospitals for inpatient services.
VARIS will utilize its proprietary TAPRx process, a tri-level risk analysis and stratification program that analyzes post payment reviews for claims related to Hospital Diagnosis Related Groups to identify and recover overpayments due to medical necessity, fraud, abuse, incorrect billing or processing errors. In addition to the TAPRx process, VARIS will work with hospitals through provider outreach and education, appeals support, and a web portal to ensure program transparency to the provider community.
"We look forward to partnering with the State of Colorado to help them achieve their goals and recover valuable financial resources back to the State. VARIS' leadership is evidenced in healthcare claims auditing and recovery for state government programs," said Joy Wilkie, President and CEO, VARIS. VARIS, a known leader in payment integrity, will bring its extensive experience and success with recovery audit services to the Colorado Department of Health Care Policy and Financing.
VARIS, LLC is a woman-owned company founded by a team of healthcare professionals with more than 100 years of combined experience in the healthcare industry. VARIS specializes in overpayment identification solutions including DRG and APC. VARIS serves clients who are commercial payers, Medicare Advantage contractors, Medicaid Managed Care Contractors, Administrative Service Organizations, and State/Federal programs throughout the country.
Contact: John Groat
Telephone: (916) 294-0860
Email: [email protected]
SOURCE VARIS, LLC