/24-7PressRelease/ - CLAYTON, MO, July 20, 2008 - Global Pharmaceutical Solution (GPS) introduces
GPS 360ºD, an on-site evaluation of Medicare Part D plans and processes. Through the GPS 360ºD, GPS offers a CMS Part D Audit Readiness Review, where GPS experts will conduct a mock audit.
Death, Taxes ... and now one more thing you can count on:
CMS Audits of Your Medicare Part D Plan
In addition to life's two historic certainties mentioned above, a third has been added:
The impending CMS audit of Medicare Part D Plans. How can plan sponsors be sure that their Plan will be fully prepared for the next CMS audit and pass with flying colors?
Global Pharmaceutical Solution (GPS), the leader in the Medicare Part D administration and consulting services, introduces GPS 360ºD. The GPS 360ºD is an on-site evaluation of Medicare Part D plans and processes. Through the GPS 360ºD, GPS offers a CMS Part D Audit Readiness Review, where GPS experts, who are former CMS professionals and helped to develop the Part D regulations and sub-regulatory guidance before joining their firm, will conduct a mock audit. In addition, the GPS 360ºD program provides a comprehensive Gap Analysis of current operations, processes, data flow, and administration of Medicare Part D plans to identify:
• Areas of non-compliance with Medicare requirements.
• Areas of risk and vulnerability for maintaining compliance with Medicare requirements.
• Operational and process deficiencies.
• Operational and process enhancements for addressing problem areas.
• Areas of inefficiency or ineffectiveness.
Why are Part D plans turning to GPS?
GPS possesses a complete understanding of the entire Medicare Part D landscape, including both the regulatory, as well as administration side of Part D. This expertise and their practical hands-on experience in the development and implementation of administration solutions, that are fully compliant with CMS mandates, arms them with more than other firms can bring to bear: they not only know what the regulations and sub-regulatory guidance say, and the context in which they were created, but can also assist with implementing practical solutions.
GPS experts have also developed and deployed their own
proprietary Medicare Part D compliance and administration automated tools as an economical solution that can eliminate much of the administrative burden forced upon plans to remain compliant. These tools have been shown to facilitate full compliance with CMS mandates, and are in use by plan sponsors whose compliance with all CMS rules is assured. These qualifications differentiate GPS from their competition.
Visit
http://www.globalpharmaceuticalsolutions.comAbout Global Pharmaceutical Solutions
Global Pharmaceutical Solutions (GPS) provides consulting and administrative support services in all areas of the prescription benefit arena.
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