Which of the following is NOT a component of a typical payer contract audit function?

Establishing market share analysis is typically not a component of a payer contract audit function. Payer contract audits are primarily focused on evaluating the compliance and effectiveness of existing agreements with insurance payers, ensuring that the terms of the contracts are met and financial ramifications are correctly accounted for.

Key components such as measuring ongoing results and reporting audit results to senior management are crucial to understanding the operational performance and financial health of the practice in relation to its payer contracts. Designing a payment resolution system also fits within the scope of an audit function, as it entails establishing processes for addressing discrepancies in payments or contract terms that may arise during the audit.

Market share analysis, while important for overall business strategy and competitiveness in healthcare, does not directly pertain to the auditing of payer contracts. Instead, it focuses more on understanding the practice's position within the healthcare market rather than evaluating the specifics of payer agreements.