Chargeback, Reversal, & 340B Validation
Audit chargeback and reversal claims to prevent potential revenue leakage
ValueTrak’s Chargeback & Reversal Validation module identifies potential revenue leakage from commercial and 340B contracts through automated reconciliation of chargebacks and reversals (EDI 844) against sales and returns data (EDI 867). The module complements any Contract Management System by highlighting discrepancies between the two data sets.
For chargeback analysis without the revenue leakage component, check out our Contract Analytics module.
KEY BUSINESS BENEFITS
Minimize potential leakage and unwarranted overpayments due to chargeback inaccuracies
Identify candidate overpayments possessing the greatest revenue opportunities
Pinpoint chargeback/reversal issues quickly without expensive tactical administrative efforts
Reduce manual processes with automated management of 340B program participants
Reconcile chargebacks with associated sales & returns to determine validity
Reinforce the investment in your Contract Management System by ensuring chargeback and reversal validity