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Death, Taxes―and now one more thing you can count on:
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In addition to life’s two historic certainties mentioned above, a third has been added: The impending CMS audit of your Medicare Part D Plan. How can you be sure that your 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 your Medicare Part D plan and processes. Through the GPS 360ºD, we offer 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 our firm, will conduct a mock audit. In addition, our GPS 360ºD program provides a comprehensive Gap Analysis of your current operations, processes, data flow, and administration of Medicare Part D plan 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 our practical hands-on experience in the development and implementation of administration solutions, that are fully compliant with CMS mandates, arms us with more than other firms can bring to bear: we not only know what the regulations and sub-regulatory guidance say, and the context in which they were created, but we can also assist with implementing practical solutions.
GPS experts have also developed and deployed our 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. We believe these qualifications differentiate us from our competition.
If you seek a professional firm that can provide an end-to-end Medicare Part D solution to assure full compliance with all CMS Part D requirements, consider GPS.