Acentra Health (formerly CNSI) won a 3-year, $52.3 million contract with the Department of Veterans Affairs to support claims adjudication, provider access, data analytics and visualization for its Financial Services Center.
FSC, located in Austin, Texas, is a franchise fund (fee-for-service) organization in the VA.
“We are grateful to the FSC for recognizing our track record of providing timely, accurate claims processing and for continuing our partnership to improve health outcomes for the FSC’s federal clients,” said Acentra Health CEO Todd Stottlemyer.
“The FSC’s mission is to provide high-quality financial services, exceed the expectations of federal clients, inspire their trust, and empower them to focus on their core missions. We look forward to continuing to partner with them to achieve these important outcomes.”
Since 2017, Acentra Health has worked with the FSC, using its tech-enabled services to improve care access and provider experience for veterans and non-veterans alike by streamlining reimbursement and enhancing transparency in claims and payment data.
The FSC contract involves using Acentra Health’s eCAMS HCE platform software to evaluate, process and ready health care claims for payment, said Acentra Health President and Chief Operating Officer Meghan Harris.
“Following implementation in March 2019, Acentra Health collaborated with the FSC to enhance its auto-adjudication business rules,” she said. “The new rules helped reduce manual claims review by department staff, resulting in a 98 percent reduction of the FSC’s claims backlog. Under the terms of the contract, Acentra Health will continue providing its platforms and services to FSC and its stakeholders, which include the Veterans Health Administration (VHA) and Other Governmental Agencies (OGA).”