Media Contact:

David Huffman

Director of Operations

Phone: 508-365-7833

Email address: David.Huffman@nescso.org

 

Shrewsbury, MA – January 4, 2018 – Today, the New England States Consortium Systems Organization (NESCSO) announced the formation of a multi-state collaborative effort to conduct electronic asset verification services for determination of eligibility for Medicaid for the Aged, Blind and Disabled (MABD) Programs. The MABD programs include long-term care Medicaid, Medicaid for working people with disabilities and other community based Medicaid programs.

Federal and State Medicaid rules establish financial eligibility criteria which must be met, including asset limits which vary by Medicaid program and household size. CMS has mandated that all states establish an electronic asset verification system (AVS) to request and receive national and local financial institution account data such as checking, savings, CDs, Christmas clubs, IRAs, money markets, etc. Once implemented, AVS will significantly reduce manual processes burden for both worker and applicants.

The AVS collaboration is spearheaded by the State of Vermont, which participated in a rigorous review of the bids and is collaborating with Public Consulting Group, Inc. on the implementation of the electronic AVS. In addition to the AVS system NESCSO has also selected Ocrolus, a technology company that automates the review of financial documents to partner in this multi-state collaborative. Ocrolus’s technology helps states improve efficiencies by streamlining the review of large volumes of financial documents as part of the MABD eligibility review process.

These two collaborative efforts can be utilized as a procurement vehicle by any other agency in the country. For more information about the collaborative please contact Elena Nicolella, NESCSO.

About NESCSO

The New England States Consortium Systems Organization (NESCSO) is a non-profit corporation organized by the New England state health and human service (HHS) agencies and the University of Massachusetts Medical School. NESCSO’s Board is composed of the member states’ HHS secretaries or their designees. NESCSO’s mission is to foster communication and collaboration among its members through information sharing and joint projects. NESCSO seeks to support the needs of the state HHS Secretaries by providing a framework for knowledge exchange in order to maximize policy, program and cost effectiveness. To learn more, visit http://www.nescso.org/

 

Contact:

Elena Nicolella

Executive Director

(401) 952-4369

elena.nicolella@umassmed.edu

 

About Public Consulting Group

Public Consulting Group, Inc. (PCG) is leading public sector management consulting and operations improvement firm that partners with health, education, and human services agencies to improve lives. Founded in 1986 and headquartered in Boston, Massachusetts, PCG has over 2,000 professionals in more than 50 offices around the US, in Canada and in Europe. PCG’s Health practice offers in-depth programmatic knowledge and regulatory expertise to help state and municipal health agencies respond to regulatory change, improve access to health care, maximize program revenue, improve business processes, and achieve regulatory compliance. Using industry best practices, PCG’s Health team helps organizations deliver quality services with constrained resources to promote improved client outcomes. To learn more, visit http://www.publicconsultinggroup.com/health/.

 

Contact:

Peter Cheeseman

c.207-861-1950

PCheesman@pcgus.com

 

About Ocrolus

Ocrolus is a technology company that automates the review of financial documents. The Company’s products, PerfectAudit and Medicaid-Genius, analyze statements from every financial institution with 99+% accuracy, generating account information, summary analytics and a comprehensive database of transactions. By replacing the tedious and error-prone manual process of analyzing bank statements with hyper-accurate automation, Ocrolus boosts efficiency for professionals across a range of industries.

Additional information about Ocrolus is available at www.ocrolus.com

 

Contact:

Victoria Meakin

Co-Founder and President

vmeakin@ocrolus.com

o: 646.850.9090 Ext. 2

c: 917.941.5388