Dynamic Healthcare Systems Announces Enhancement to Address MACRA Requirements - Insurance News | InsuranceNewsNet

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April 24, 2018 Newswires
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Dynamic Healthcare Systems Announces Enhancement to Address MACRA Requirements

PR Web

IRVINE, Calif. (PRWEB) April 24, 2018

Dynamic Healthcare Systems, a leading provider of comprehensive solutions to health plans and health systems participating in Medicare Advantage, Managed Medicaid, and Marketplace programs, today announced an enhancement to its solutions which assists clients through the transition from the usage of Health Insurance Claim Number (HICN) to Medicare Beneficiary Identifier (MBI). The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) requires that CMS remove Social Security Numbers from Medicare cards by April 2019. The new, unique and member-specific numbers will be randomly generated to further safeguard beneficiaries from identity theft.

"This transition poses a challenge to plans and providers as they make the change from HICN to MBI, but Dynamic provides its clients with solutions to maintain operational efficiency as well as regulatory compliance," said Lonnie Hardin, Chief Operating Officer at Dynamic Healthcare Systems. "The MBI enhancement will ensure that clients continue to have the ease of use they expect from our software while transitioning seamlessly from HICN to MBI," added Mr. Hardin.

Dynamic's robust Medicare Advantage suite of integrated solutions provide health plans and health systems with an enterprise-wide platform that enables a strong risk adjustment strategy ensuring maximum and accurate risk-adjusted payments. Dynamic's integrated software solutions are designed to ensure health plans and health systems meet the complex compliance and data processing requirements that the Centers for Medicare and Medicaid Services (CMS) establishes, monitors, and enforces. Dynamic's solutions integrate various sources of health plan and provider data to create a single view of a Plan's membership. This single view facilitates the delivery of high-quality managed care while helping health plans meet compliance and revenue management challenges.

About Dynamic Healthcare Systems
Dynamic Healthcare Systems provides comprehensive solutions to health plans and health systems participating in Medicare Advantage, Managed Medicaid, and Marketplace programs. Dynamic's solutions help its clients optimize plan revenue and quality through the utilization of Dynamic's rich analytics that identify areas for potential improvement, help maintain compliance through ongoing enhancements aligned with CMS regulations, and enhance operational efficiency through fully integrated solution utilizing a centralized database and integrated workflows. Headquartered in Irvine, California, the company offers comprehensive software solutions, managed services, and professional services. For more information, visit dynamichealthsys.com or call 949.333.4565.

Read the full story at http://www.prweb.com/releases/2018/04/prweb15438842.htm

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