The Health Audit

HealthLink Wellness is committed to reduce health risks through regular health monitoring and feedback and to develop partnerships that engage the retiree within the fabric of the community. The ultimate goal is to build a culture of prevention where home, community and medical office work together as a team. A health risk statistical model was developed in partnership with Alliance for Retired Americans and originally funded by the Centers for Disease Control and Prevention, Healthy Aging Program, Grant No. H75DP002301-01

HealthLink Wellnes

Integral to the HealthLink approach is regular medical screening and feedback. The specific measures screened are: fasting blood glucose, blood pressure, high-density lipoproteins (HDL), total cholesterol (TC), smoking habits and body mass index (BMI). At each screening feedback is provided to retirees about their results and the recommended screening values they should try to achieve.

Patient Centered

HealthLink is curently enrolling primary physicians to participate in our wellness approach in what is called the "Patient Centered Medical Home" as endorsed by the American Academy of Family Physicians.The HealthLink team and the Doctor's office work together as a team in helping our members acheive their wellness goals. Physicians can learn more about HealthLink's evidence based assessement tools by logging onto our Physician Center. Contact us for compliamentary access.


The Financial Audit

Auditmetrics has been a longtime developer of the financial statistical audit for a wide range of organizations. It is the uniting of the field of Statistics and Accounting. We analyze both healthcare and other public and private entities in terms of determing  financial performance.  Auditmetrics has established the statistical audit procedures for sales and use tax for the Massachusetts Dept. Rev. Audit Bureau

Auditmetrics' statistical audit methodology conforms to accepted accounting standards as published by the American Institute of Certified Public Accountants (AICPA).

 According to its Statement on Auditing Standards (SAS) No. 39, the essential features of statistical sampling are:

Just because one of these requirements is met does not mean that the application is statistical.

 Massachusetts Department of Revenue’s Audit Bureau's Statistical procedures specifically conform to SAS No. 39. Also Mass. state law mandates conformity with IRS statistical guidelines

Contact us for education program through our Electronic Classroom.

Email: info@auditmetrics.com

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New Statistical Audit Manual

Over the past decade many state revenue departments have retired the traditional block sample in conducting an audit in favor of the properly drawn random sample in the context of precise statistical mathematical guidelines. This is part of a trend of using statistics to enhance the effectiveness of all types of audits. Our free course provides background on this growing movement.

The manual is in the works for accountants to design and implement statistical audit samples. It will outline the process in a step by step fashion. Included will be an Excel workbook with exercises that helps the student to learn statistical auditing by example.

The Ubiquitous Statistical Audit

What do sales and use tax statistical audits have in common
with medical insurance claims audits?

Statistically they are identical. The purpose of both is to review transactions either for credits and/or dollar amounts in error requiring inurance company reimbursement for overpayments or additional sales and use taxes owed by the taxpayer. You can save a Demo to your hard drive to explore the dynamics of proper statistical documentation.

                 Free Demo Spread Sheet

Statistical Audit Course

The Demo is an example of varable sampling which, with our course,  is an excellent gateway to using modern statistical tools that can unlock a wide range of other statistical services including:

data mining, internal audits; income estimation using IRS specifications; fraud detection; sampling for valuation; market analysis; statistical evidence in litigation; sampling for Medicare and other claims; meta files etc.

It is best to first get experience and a comfort level in working with your clients using the variable sampling statistcal audit. Use it as a building block to the more advanced topics listed above.

                 PowerPoint Statistical Audit Course

  Current Lesson Topic

Detecting Fraud

BENFORD'S LAW PROVIDES A DATA analysis method that can help alert CPAs to possible errors, potential fraud, manipulative biases, costly processing inefficiencies or other irregularities. It is a relativly simple formula:

                   p(d) = Log10(1/(1+d))

Benford's Law gives the expected patterns of the digits in the numbers in tabulated data such as town and city populations or Madoff's fictitious portfolio returns. Those digits, in unaltered data, will not occur in equal proportions; there is a large bias towards the lower digits, so much so that nearly one-half of all numbers are expected to start with the digits 1 or 2. The widespread applicability of Benford's Law and its practical uses is to detect fraud, errors and other anomalies. There are many examples on the internet of authentic and accurate data that conforms to Benford’s Law – and the fraudulent and invented numbers that do not. One famous case of fraud is when the World Bank, by using Benford's Law, found that a country had consistently provided false GDP data . That country's dishonesty only delayed the changes needed to correct years of economic mismanagement. You could also argue the World Bank should have also taken action sooner once the fraud was detected.