HRGi Announces Break Through Fast Track Fee Negotiation Services
(Orange, California) Recognizing the need to find discount savings on every possible claim, HRGi designed a streamlined process for fee negotiation on all claims smaller than $750 with compelling results.
Ron Gray, HRGi President and CEO, admits the design and implementation process was not easy. "Our Fast Track negotiation service has been years in the making. Just as automobile manufacturers have struggled to offer an electric-powered car that is reliable, credible and affordable, HRGi has labored to design a negotiation service that promises rapid turn around, an attractive success rate and deep discounts."
After trying multiple approaches to the small claims challenge, HRGi built a process that offers similar discounts to its larger claim service but with a faster turn-around time and a competitive service fee. HRGi's service has been in pilot for 8 months and the results are encouraging.
"We're experiencing success rates around 40% and discounts that rival our industry leading results for large claims," notes Amy Jensen, Director of HRGi's fee negotiation unit. "The difference between HRGi and other services in the out-of-network cost management niche, is that we have found a way to individually negotiate the smallest claims efficiently and effectively."
"We appreciate the cooperation of several of our best customers," shares Paul Nappi, HRGi's Vice President of Sales. "Our proof of concept pilot has been successful and we know this sub-market niche is underserved. We look forward to handling these claims that most companies don't want."
About HRGi
A Principal Financial Group subsidiary, HRGi provides cost management services to all healthcare payers and administrators by helping control out-of-network (OON) claims expense. Insurance carriers, third party administrators, health maintenance organization, Taft-Hartley organizations and self-insured employers are HRGi customers. HRGi's service portfolio includes OON claims management, fee negotiation, supplemental network management, and cost-based fee repricing. Explore HRGi's value proposition at www.HRGi-Online.com.
