Earns Partner Excellence Award for Solution Visionary
HealthSCOPE Benefits has been honored by Evolution1 – a WEX Company with a 2014 Partner Excellence Award for outstanding business achievements. HealthSCOPE Benefits received the Excellence Award for Solution Visionary at Partner Conference 2015, the annual Evolution1 Partner conference held recently in Scottsdale, Arizona.
HealthSCOPE Benefits was selected for the award because of its significant accomplishments in helping to define the future of healthcare consumerism. HealthSCOPE Benefits has created progressive solutions that create a better healthcare experience for consumers and employers alike.
The URAC accreditation process demonstrates a commitment to quality services and serves as a framework to improve business processes through benchmarking organizations against nationally recognized standards.
URAC’s Claims Processing Administration Accreditation is designed to improve operations, protect consumers and providers, and lower risk and cost for health care organizations. It is offered only by URAC. The accreditation standards meet many of the requirements of the recently issued US Department of Labor claims regulations, and, like all URAC standards, are designed to be consistent with the Health Insurance Portability and Accountability Act requirements.
“We applaud HealthSCOPE Benefits on achieving URAC Claims Processing Accreditation,” said URAC President and CEO Kylanne Green. “In today’s healthcare market, URAC accreditation provides a mark of distinction for organizations to demonstrate their commitment to quality healthcare.”
Our independent service auditor, Stone Carlie & Company, L.L.C. (Stone Carlie), has examined our controls related to our third-party administration services system for the period December 1, 2012 through November 30, 2013 and the suitability of the design and operating effectiveness of controls to achieve the related control objectives stated in the description, throughout the same period. Officially, this report is called a Type 2 Service Organization Control (SOC) 1 report.
The Type 2 SOC 1 report offers an independent assessment of whether a service organization’s system of controls was placed in operation, suitably designed, and operating effectively. It provides your auditors with more detailed information about our operations and underlying internal controls and, as a result, it should help reduce your auditors’ substantive procedures and may reduce the cost associated with the audit. The report coordinates with the user organization’s controls to help ensure the third-party administration services operate correctly and efficiently.
The Type 2 SOC 1 report has been prepared in accordance with standards established by the American Institute of Certified Public Accountants and included those procedures Stone Carlie considered necessary in the circumstances to obtain a reasonable basis for rendering their opinion.
We received an unqualified or “clean” opinion on our third-party administration services system. What this means to you is we continue to consistently demonstrate our commitment to meeting the highest standards in our processing and compliance efforts.