Many healthcare payers and plans employ traditional – old-fashioned – models and programs to recover costs from an at-fault third party, a process called “subrogation.” Today, most of these efforts are focused on recovering medical expenses related to automobile, premises, workplace accidents, and other types of traditional accidents.
However, no healthcare payers or plans have the patented subrogation recovery platforms available through Healthcare Recovery Solutions that focus on identifying and recovering mass tort – numerous individuals pursuing litigation against a manufacturer – medical expenses caused by defective medical devices, dangerous pharmaceuticals, and toxic chemicals and well fraud, waste and abuse.
These are among the most expensive and recoverable medical expenses incurred by healthcare payers and plans yet traditional subrogation models often overlook or ignore them. Typically vendors claim to address these immense losses but fail to utilize the payers claims data to accurately identify the true recovery opportunity to make the payer whole. This is where Healthcare Recovery Solutions succeeds. Our patented platform finds recovery opportunities that other methods miss, creating valuable mass tort cost containment solutions.
Contact HRS to find out more about how we can enhance your existing subrogation practices and procedures to increase overall recoveries.
Learn about Data Analytics >
220 Lake Drive East
Cherry Hill, NJ 08002