IHS iValidate™ is a web-based analytics solution that allows users to compare claim data to contract terms for validation of rebate submissions, which ensures contract compliance and invoice accuracy. IHS iValidate separates "rebate-eligible" detail-level claims from disputable claims, assuring that only payment-eligible claims are paid.
In a simple point-and-click environment, business users can identify rebate submission inaccuracies with the flexibility to create user-defined parameters for contract non-compliance. IHS iValidate features flexible duplication logic that allows the user to set different duplication criteria (number of matching fields) and different duplication payment rules (pay none, pay first, pay both) for each contracting entity as well as the ability to apply exclusion adjustments to prior invoice periods due to horizontal and horizontal/vertical duplication.
IHS iValidate allows the user to:
Tie-to-invoice
Load client lists
Identify all duplicate claims
Identify aberrant quantities and additional exclusions
Apply plan and formulary specifics
IHS iValidate is deployed on a Software-as-a-Service (SaaS) model. SaaS deployment provides customers complete access to their validation solutions without purchasing or maintaining software licenses and hardware associated with data storage, processing and delivery. IHS hosts, services and manages these solutions.