Innovation Group Llc

Description

• Innovation Group is a facilitator and consultant to: ~ Third Party Administrators ~ Reinsurers ~ Self -Funded Workers Compensation Plan Sponsors ~ Self-Funded Health Plan Sponsors ~ Professional Associations Our services provide Cost Reduction / Cost Containment: WORKERS COMPENSATION SPECIALTY NEGOTIATION We negotiate additional claims reductions that you most likely dont even know can be recovered. After third administrators reprice claims according to the applicable state fee schedule and PPO schedule, our experts excel at negotiating even deeper discounts successfully on 85% of claims that are over $25,000, our minimum accepted claim amount. Our reductions average 20% to 30% below PPO. You might say that we act as your last line of reinsurance. If there are no savings generated, then there are absolutely NO costs to the client. We love to work with all Third Party Administrators and promise no disruption of current vendors or systems. Our Savings GuaranteeIf you dont save, we dont get paid. View our one minute video at www.InnovationGroup.us MEDICAL CLAIM SPECIALTY NEGOTIATIONS Similar to our Specialty Negotiations for Self-Funded Worker's Compensation Plans, we negotiate further reductions on higher value hospital claims after PPO reductions have been applied for Self-Funded Health Care Plans. Our success rate is 75%. And, if we dont save you additional monies, we dont get paid. LARGE HOSPITAL CLAIM AUDITS - ERISA For hospital claims of $50,000+ with no more than a 30% PPO reduction, we perform a complete audit with a success rate of 98% in finding additional savings...doubling your PPO reductions in the majority of cases. We turn around claim audits within 48 hours, often within 24. Our appeal rate is less than 3%. No Fee...Zero Cost... if no additional savings are generated on the claim. Check out our savings examples and review our testimonials from industry leaders at www.InnovationGroup.us.
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  Headquarters:5385 Coachman Road Suite B, Columbus, Ohio, United States

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  Phone Number: +1 413-858-4000

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  Website: https://www.innovationgroup.us

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  Employees:37

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  Revenue:$1 - 10M

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  Legal Name:Innovation Group Llc

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• |  NAICS Code: 443142  |

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