What does RAT-STATS provide for auditors?

RAT-STATS provides statistical software designed specifically for auditors conducting claim reviews and audits. This software is aimed at enhancing the analysis of statistical samples and ensuring that the processes used in auditing are both efficient and effective. It simplifies the work auditors do by offering tools and methodologies to statistically validate their findings, particularly regarding claims and billing practices in healthcare organizations. The software supports the creation of statistical sampling plans and helps auditors make informed decisions based on the statistical analysis of claims data.

The other options, while relevant to auditing and compliance in healthcare, do not accurately define the primary function of RAT-STATS. It does not serve as a comprehensive guide for all financial audits, nor is it a database for compliance violations or a collection of risk assessment and management tools. Its specific focus on statistical analysis in the context of claim reviews distinguishes it in the field of auditing software.