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HealthcarePays Names Allied Risk Group as New Associate Member

February 19, 2014

HealthcarePays, an industry-owned "payment network" designed to cut healthcare costs, said that it welcomes its newest network Associate Member, Allied Risk Group, Inc. (A.R.G.).

In a release, the Company said that it will standardize all electronic remittance formats, provide remittance advice, and manage remittance and payment re-association for A.R.G.'s small- to mid- size employers with self-funded health plans.

A.R.G. is a national benefits and risk management firm delivering self-funded health plans to small- and mid-size employers. A.R.G.'s custom tools and multidisciplinary professionals reduce healthcare costs for employees and employers alike.

HCP employs an industry-owned network for healthcare payment authorization and processing that is proprietary, standardized and compliant with the Affordable Care Act (ACA) and all state and federal laws. Employers, health plans, healthcare providers, and insurance companies are joining HCP to create efficiencies, combat waste and fraud, and access industry-wide data cube analytics to make better care and business decisions.

"HCP is the modern answer to today's critical healthcare issues," said Paul Doucette, president of Allied Risk Group, Inc. "They provide the much-needed industry-wide intelligence and electronic systems that reduce healthcare costs. We know our clients will embrace the efficiencies and cost savings HCP delivers."

HCP interacts with all existing healthcare industry organizations including employers, hospital systems, physician groups, healthcare providers, health plans, and government payers such as Medicaid and Medicare, intermediaries, clearinghouses and banks.

"A.R.G. has been a strong advocate of intelligent healthcare solutions," said Dave Adams, HealthcarePays chief executive officer. "We appreciate their dedication to help employers stay benefit competitive, and look forward to helping them continue to accomplish their goals."

HealthcarePays (HCP) is an industry-owned "payment network" designed to cut healthcare costs.

More Information:

http://www.healthcarepays.com

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