Medical Cost Containment Expert Kenneth Hannigan Leads Launch of accūrō Solutions
New company manages complete medical bill review and provider payment process in property and casualty insurance space.
SARASOTA, Fla.–(BUSINESS WIRE)–#billreview–Kenneth Hannigan, who has over 20 years’ experience as an executive and entrepreneur in medical cost containment, has founded accūrō Solutions. With proven, experienced financial partnerships, the company provides end-to-end medical bill review and payment services to the property and casualty insurance industry.
accūrō Solutions’ executive team listened to payors about the issues they have with existing bill review and payment processes and addressed them by developing a complete and transparent bill processing technology to drive the workflow from the mailroom through medical bill review and provider payment.
The automated platform applies jurisdictional fee schedules, industry clinical edits, ODG guidelines, payer rules, payment integrity edits, and preferred provider organization and usual and customary pricing. Payors can customize auto adjudication rules, and the system re-prices and facilitates efficient invoice approvals. Finally, it can generate electronic payments with explanations of payments for physicians and other medical providers.
“accūrō’s platform can fit into existing claims environments, work in all P&C lines, and auto adjudicate medical bills when applicable,” Hannigan said. “Adjusters shouldn’t have to touch every bill.”
When they do need to act on a bill, the system explains why and recommends next steps. The technology is a cloud native distributed solution that provides intuitive analytics and can rapidly incorporate user feedback for continuous improvement and efficiencies.
Hannigan, who most recently served as CEO of Specialty Networks at Paradigm, is the Chairman and Chief Executive Officer of accūrō Solutions. He held management positions at several companies during the past two decades, including MedRisk, Universal SmartComp, and Align Networks before founding Adva-Net.
As CEO, Hannigan is building a leadership team with extensive insight into cost control and utilization of care. accūrō Solutions is backed by Bindley Capital, Council Capital, and other investment groups that have effectively funded managed care companies operating successfully in the P&C industry today.
About accūrō Solutions
Accūrō is a Latin word that means to take care of or give attention to; the word “accurate” is derived from it. The company is based in Sarasota, Florida and was established in 2021 and more information can be found at www.accurosolutions.com.
Contacts
Media Contacts:
Helen King Patterson,
APR, King Knight Communications,
813-690-4787
[email protected].
