With the expansion of Medicaid programs through the ACA, ensuring the accuracy of eligibility verification is critical for State agencies in evaluating whether applicants have the reserve resources to support their services. Asset Verification Systems are an integral tool – and required by CMS – to accomplish this. However, many AVS can fall short of the targeted goals, resulting from incomplete and/or inaccurate data sets that fail to meet significant requirements – as well as unreliable or out-of-date records, which can lead to delays, rework, and cost overruns.
UMass Medical School goes beyond the “requirement fulfillment” offered by other AVS and offers a tiered and flexible Real Property Asset Verification Service—a refined, exhaustive filtering solution. We recognize that real estate is the most significant asset for long-term care applicants, and our exclusive process looks through multiple asset verification layers to find sources of real property that other methods fail to spot.
Our solution includes:
- Digging deeper: We look beyond commercially available records to identify potential eligibility disqualifications and recoveries.
- Specialized processes: Custom, highly-specialized data mining algorithms get the best results for your needs.
- Dedicated teams: Our specially-trained, highly-focused team includes paralegals, lawyers, title examiners and brokers.
This combination enhances the integrity of eligibility processes and leads to the potential of millions in state Medicaid cost savings.