Benefit Recovery Group: Streamlining Healthcare Costs with Pre-Bill TPL Review

In a move to enhance their suite of subrogation solutions, Benefit Recovery Group (BRG) has announced its expansion to include pre-bill third party liability (TPL) and workers' compensation review. This expansion aims to provide a comprehensive and efficient cost containment service for complex claims, benefiting health plans, providers, and consumers alike. By integrating advanced technology and talent into their operations, BRG aims to identify and return untapped value at every step of the claims process, significantly reducing costs.

With the addition of the pre-bill TPL and workers' compensation review solution, BRG takes a significant step forward in closing the loop on cost containment for complex claims involving third party liability and workers' compensation. Leveraging state-of-the-art technology, this solution seamlessly integrates with provider systems, thoroughly analyzes bills before their release, identifies the responsible party for a claim, allows for swift corrective action, improves claims process efficiency, and ultimately reduces costs by accurately routing claims to the appropriate responsible party.

Laura Hescock, the CEO of BRG, emphasizes the importance of championing patients' and plan members' experiences in the increasingly complex and competitive healthcare industry. By combining a patient and member-first mindset with cutting-edge technology and comprehensive insights, BRG aims to help their clients differentiate themselves through accuracy, speed, positive experiences, and significant savings. Hescock highlights the service and efficiency problems within the subrogation sector, making BRG's streamlined approach all the more relevant and impactful.

The expansion of BRG's services marks a commitment to continuously enhance the pre-bill review solution's capabilities while accelerating the development of new technologies. This dedication is driven by BRG's desire to serve their customers better and stay ahead of the rapidly evolving healthcare landscape.

About BRG

Headquartered in Memphis, Tennessee, Benefit Recovery Group, LLC (BRG) is a leading provider of technology-enabled pre-bill review and post-pay subrogation solutions for complex third-party liability (TPL) and workers' compensation claims. Their comprehensive solutions are designed to improve payment accuracy, maximize savings, increase recovery speed, and provide a positive experience for both providers and patients, as well as health plans and plan members. BRG's expertise in illuminating the full story behind complex claims creates opportunities for measurable savings and returns, empowering stakeholders to take control of healthcare costs.

About Thompson Street Capital Partners

Thompson Street Capital Partners (TSCP) is a private equity firm based in St. Louis, Missouri, specializing in investments in founder-led middle-market businesses. With a focus on the Healthcare & Life Science Services, Software & Technology Services, and Business Services & Engineered Products sectors, TSCP has acquired over 150 companies and managed over $3.6 billion since its inception in 2000. TSCP partners with management teams to accelerate growth, both organically and through strategic acquisitions, thereby increasing value for all stakeholders.

In conclusion, Benefit Recovery Group's expansion into pre-bill TPL and workers' compensation review represents a significant step forward in the quest for efficient cost containment in the complex healthcare industry. By leveraging technology and talent, BRG aims to revolutionize the subrogation sector, providing their clients with accurate, speedy, and cost-effective solutions that ultimately lead to substantial savings and improved patient experiences. With their commitment to continuous improvement and customer satisfaction, BRG remains at the forefront of the ever-changing healthcare landscape, empowering stakeholders to take control of healthcare costs and create a more sustainable future.