PENSTOCK GROUP


Associated tags: Penstock, Health insurance, Knowledge

Penstock Partners with Paradigm to Lower Unnecessary Spend on Surgical Implants

Retrieved on: 
Tuesday, April 23, 2024

"Paradigm has been a pioneer in value-based care for more than 30 years," says Penstock president Laura Collier.

Key Points: 
  • "Paradigm has been a pioneer in value-based care for more than 30 years," says Penstock president Laura Collier.
  • "Penstock has fairly quickly established a reputation and track record for finding niches in the payment integrity space that others overlook.
  • Paradigm specializes in reviewing charges for surgical implants — with over 200,000 cases reviewed to date.
  • Ninety-eight percent of surgical implant cost savings identified by Paradigm are upheld after any appeal and 88% of total bills remain undisputed.

Penstock Launches ClearBridge, a Comprehensive SaaS Audit Management Solution for Health Plans

Retrieved on: 
Tuesday, October 17, 2023

WILLIAMSVILLE, N.Y., Oct. 17, 2023 /PRNewswire/ -- Penstock Group announced today the launch of ClearBridge , a comprehensive SaaS payment integrity solution offered to health plans to facilitate a more effective and efficient claims auditing process.

Key Points: 
  • WILLIAMSVILLE, N.Y., Oct. 17, 2023 /PRNewswire/ -- Penstock Group announced today the launch of ClearBridge , a comprehensive SaaS payment integrity solution offered to health plans to facilitate a more effective and efficient claims auditing process.
  • Penstock is part of Goodroot, which launches and scales companies dedicated to increasing access and affordability in healthcare.
  • ClearBridge is an audit management technology designed to help health plans move beyond the current reality of payment integrity and optimize audit workflow.
  • "To keep costs down, health plans need technology that enables their teams to ensure claims accuracy from the very beginning, and ClearBridge is the solution.

Penstock Launches ClearFile, Names Joe Boyle President of Regulatory Solutions

Retrieved on: 
Wednesday, September 14, 2022

Joe Boyle has joined Penstock as president of regulatory solutions and will lead ClearFile.

Key Points: 
  • Joe Boyle has joined Penstock as president of regulatory solutions and will lead ClearFile.
  • Penstock is an affiliate company of Goodroot, which launches and grows companies dedicated to increasing access and affordability in healthcare.
  • "Penstock was born from a commitment to lower healthcare costs by developing unique solutions that address waste, remove errors and streamline the complex regulatory environment for health plans," says Penstock president Laura Collier.
  • Penstock is a healthcare payment integrity and reimbursement company dedicated to reducing costs for healthcare payer organizations and their members.

Robert Haskey, M.D., Joins Penstock Group as Chief Medical Officer

Retrieved on: 
Wednesday, June 15, 2022

COLLINSVILLE, Conn., June 15, 2022 /PRNewswire/ -- Penstock Group has added Dr. Robert "Bob" Haskey, M.D., as chief medical officer of the growingpayment integrity and reimbursement consulting company.

Key Points: 
  • COLLINSVILLE, Conn., June 15, 2022 /PRNewswire/ -- Penstock Group has added Dr. Robert "Bob" Haskey, M.D., as chief medical officer of the growingpayment integrity and reimbursement consulting company.
  • Following his clinical career, Dr. Haskey was a medical director with the Regence Group, a large four-state Blue Cross Blue Shield organization in the Pacific Northwest.
  • After a decade in that role, he joined CGI as senior medical director.
  • Penstock is part of Goodroot , a community of companies reinventing healthcare one system at a time.

Penstock Group COO Laura Collier Promoted to President of Payment Integrity Company

Retrieved on: 
Tuesday, January 25, 2022

COLLINSVILLE, Conn., Jan. 25, 2022 /PRNewswire/ --It was announced today that Penstock Group chief operating officer Laura Collier has been promoted to the position of president.

Key Points: 
  • COLLINSVILLE, Conn., Jan. 25, 2022 /PRNewswire/ --It was announced today that Penstock Group chief operating officer Laura Collier has been promoted to the position of president.
  • Penstock is a healthcare payment integrity and reimbursement company and an affiliate of Goodroot , a community of companies dedicated to reinventing healthcare one system at a time.
  • Penstock, which launched in January 2021, had a successful first year in its mission of lowering healthcare costs through permanently correcting recurring medical billing errors.
  • Collier joined Penstock in June 2021 and immediately thrived in the startup environment of Penstock after almost two decades in various payment integrity roles supporting large healthcare organizations.