LaunchPoint’s Discovery Health Partners division announces key operations executive appointments to manage growing client base

Operations team expands to maintain superior client service and support amidst increasing demand for solutions and services

ITASCA, IL (March 16, 2016) – LaunchPoint, a provider of cloud-based solutions, software, and services for healthcare organizations, today announced it has filled three key operations executive roles to support its growing client base that includes 19 new clients in 2015. The executive additions will officially report under LaunchPoint’s Discovery Health Partners division.  They include Kathy Cortez, Vice President, Operations; Carol Pitts, Vice President, Client Advocacy for Strategic Accounts; and Linda Atencio, Vice President, Client Advocacy. Cortez, Pitts and Atencio join the Discovery Health Partners operations leadership team, which also includes Liz Longo, Vice President, Legal Services and Chief Legal Counsel, and Suzi Meschbach, Vice President, IT Services.

Cortez is responsible for day-to-day business operations surrounding client work and solutions delivery.  This includes running the Subrogation, COB, MSP Validation, and other solution teams. The client advocacy roles filled by Pitts and Atencio ensure that every client gets the attention and tailored service level it needs.  They identify needs and opportunities at existing customers, support the smooth implementation of solutions for new customers, and nurture relationships at strategic, cornerstone accounts for the organization.

“As Discovery Health Partners continues to grow and take on a larger variety of health plan clients, we find an increasingly diverse range of needs and expectations from our customers,” stated Paul Vosters, President of Discovery Health Partners.  “Larger plans have different needs than mid-sized plans or small plans, and I know Kathy, Carol, and Linda bring the expertise we need to scale our growing organization while serving each customer in the manner that delivers the best results for them.”

Kathy Cortez, newly appointed Vice President, Operations, has more than 25 years of experience in healthcare and health insurance, with an additional seven years in property, casualty, and workers compensation, where she gained extensive working knowledge of process and performance improvement.  Prior to Discovery Health Partners, Cortez held the role of Vice President, Operations, at Symphonix Health Insurance, a Medicare Part D start-up, where she provided strategic leadership from concept to implementation with 250 percent year-over-year growth. Before joining Symphonix, Cortez held senior roles at well-known plans and healthcare organizations such as Fidelis SeniorCare, CNA, LifeWatch, Caremark and Baxter Healthcare, where she created and successfully executed strategic, financial, and operating plans.  Cortez holds a Bachelor of Science degree from the University of Illinois and an MBA from the Kellogg School of Management, Northwestern University.

Carol Pitts brings 25 years of healthcare and technology experience to the role of Vice President, Client Advocacy for Strategic Accounts.  In this role, Pitts will be responsible for leading the Strategic Client Advocacy team and supporting customers to achieve their savings goals through the solutions and services Discovery Health Partners offers. Pitts joined LaunchPoint’s Discovery Health Partners team from Fallon Community Health where she was the Vice President, Claims Administration, concentrating her efforts on delivering excellent performance, implementing streamlined processes, improving effectiveness, and delivering bottom-line savings through auditing and recovery services. Prior to Fallon, Pitts served in a number of director and manager roles at various health organizations in the Northeast. With degrees from Northeastern University and Eastern Nazarene College, Pitts also holds a Medical Assistant Certificate from L.A. Wilson Technology Center in New York.

Linda Atencio, Vice President, Client Advocacy, is responsible for maintaining and developing client relationships by handling client needs, discovering new opportunities, and coordinating with internal partners for successful outcomes.  Atencio brings more than 23 years of health plan and health insurance experience working for CIGNA, Lovelace, and Blue Cross/Blue Shield organizations.   As an Account Executive at Cigna Health Care, Atencio managed large employer groups with both ASO and fully insured funding. As the Regional Medicare Sales Manager at Lovelace Health Plan, she was successful in building strong sales and service teams, meeting and exceeding plan goals. Atencio brings to the team vast product knowledge, benefit administration, and process improvement abilities.

“We are very pleased to add such high-caliber talent to our leadership team,” said Terrence Ryan, CEO, LaunchPoint. “They have the right expertise, commitment to client service, and innovative thinking that will help us drive toward ever higher levels of operational and client service excellence, which are hallmarks of the way we do business.”

About LaunchPoint

LaunchPoint operates businesses that provide cloud-based solutions, software, and services for healthcare organizations. Its two divisions are Discovery Health Partners, a provider of payment integrity software and solutions for healthcare payers, and Ajilitee, a healthcare information and analytics consulting business. LaunchPoint has been named two years in a row to the Inc. 5000 list, recognized as one of the country’s fastest growing companies. In 2014, LaunchPoint was named the 100th fastest-growing company on the 2014 Inc. 500 list and #14 in Healthcare.  More information is available at www.ajilitee.com and www.discoveryhealthpartners.com.

About Discovery Health Partners

Discovery Health Partners offers the Discovery Payment Integrity SuiteTM of software and solutions to help health plans and other healthcare organizations improve recoveries, avoid costs, and optimize revenue. We offer a unique combination of deep healthcare expertise and powerful technology solutions to help our clients drive improved payment integrity and generate measurable results. Discovery Health Partners is a division of LaunchPoint, which has been named two years in a row to the Inc. 5000 list, recognized as one of the country’s fastest growing companies. In 2014, LaunchPoint was named the 100th fastest-growing company on the 2014 Inc. 500 list and #14 in Healthcare.   LaunchPoint operates businesses that provide cloud-based analytic solutions, software, and services for healthcare organizations.

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LaunchPointLaunchPoint’s Discovery Health Partners division announces key operations executive appointments to manage growing client base
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Discovery Health Partners, a division of LaunchPoint, announces webinar series on improving payment integrity outcomes for healthcare payers

ITASCA, IL (November 9, 2015) – Discovery Health Partners, a division of LaunchPoint, is offering a series of webinars focused on helping health payers improve their payment integrity outcomes, including understanding the essentials to restoring underpaid MSP premiums; maximizing the performance of a successful subrogation  program; and how to manage eligibility data and resolve errors.

Discovery Health Partners’ free webinar series includes:

  • “Unlock the full potential of your MSP program,” November 10 at 11:00 a.m. CST
  • “Best practices for maximizing your subrogation performance,” December 2 at 11:00 a.m. CST
  • “Five ways eligibility errors impact payment integrity,“ available on-demand

 

Webinar: Unlock the full potential of your MSP program

The first webinar, hosted by payment integrity expert Mike Feid, will cover how to “Unlock the full potential of your MSP program” on November 10 at 11:00 a.m. CST. Registration is available at bit.ly/MSPwebinar2015.

In this free webinar, Feid will help health plans identify how gaps in the MSP validation and premium restoration process can significantly affect premiums owed to their organization. In addition, attendees will learn:

  • Tips to successfully update eligibility information with CMS
  • Why documenting and tracking the MSP process simplifies CMS compliance
  • How to expedite restorations to improve results more quickly
  • Why plans that already actively pursue premium restoration can benefit from a review of their processes
  • How other payers have improved MSP processes with significant results

Additional information can also be found on the Medicare Secondary Payer and Eligibility Management resource pages.

Webinar: Best practices for maximizing your subrogation performance

Discovery Health Partners’ general counsel, Elizabeth Longo, will discuss “Best Practices for Maximizing your Subrogation Performance” on December 2 at 11:00 a.m. CST.

Registration information is available at bit.ly/SubroWebinar2015.  In this free webinar, Longo will review obstacles to success and share how new technologies are powering changes in subrogation. In addition, attendees will learn how:

  • Technology can provide full transparency into a subrogation program
  • Powerful and flexible software can fit the way you work and deliver better results
  • Advanced data mining can uncover the best recovery opportunities
  • Implementing best practices improves case management and workflow
  • Real-time dashboards and reports enhance visibility
  • Building the right team can deliver top performance

 

Webinar: Five ways eligibility errors impact payment integrity

Additionally, a webinar that tackles eligibility management challenges, “Five ways eligibility errors impact payment integrity,” is available on-demand. Led by industry expert Paul Vosters, the webinar is available at bit.ly/eligibility_webinar_2015 and discusses the importance of managing eligibility data to drive improvements in payment integrity and avoid millions in unnecessary costs. The webinar also covers:

  • Five common eligibility data challenges
  • Five best practices for better eligibility management
  • Next steps for creating a single source of truth for your eligibility data

 

About Discovery Health Partners

Discovery Health Partners offers the Discovery Payment Integrity SuiteTM of software and solutions to help health plans and other healthcare organizations improve recoveries, avoid costs, and optimize revenue. We offer a unique combination of deep healthcare expertise and powerful technology solutions to help our clients drive improved payment integrity and generate measurable results.

Discovery Health Partners is a division of LaunchPoint, which has been named two years in a row to the Inc. 5000 list, recognized as one of the country’s fastest growing companies. In 2014, LaunchPoint was named the 100th fastest-growing company on the 2014 Inc. 500 list and #14 in Healthcare.  LaunchPoint operates businesses that provide cloud-based analytic solutions, software, and services for healthcare organizations. More information is available at www.discoveryhealthpartners.com.

 

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LaunchPointDiscovery Health Partners, a division of LaunchPoint, announces webinar series on improving payment integrity outcomes for healthcare payers
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LaunchPoint announces plans to hire 120 new employees

 

ITASCA, IL (October 1, 2015) – LaunchPoint, a provider of cloud-based solutions, software, and services for healthcare organizations, announces plans to hire 120 new employees before year- end to accommodate a growing client base.  The firm, along with divisions Discovery Health Partners and Ajilitee, has doubled its office space by an additional 15,173 square feet at its Itasca, Illinois, headquarters and plans to add additional space again in January 2016 to accommodate the 73 percent increase in employee headcount. The company is expanding product development and its payment integrity suite of solutions and software after an influx of $22.5MM in venture capital funding from Carrick Capital Partners.

“This phase of escalating growth is a sure sign that our clients in healthcare organizations are looking for enterprise-wide solutions to help them manage payment integrity more nimbly, reduce costs and waste in their claims payment processes, and derive insights from their data,” stated Terrence Ryan, LaunchPoint CEO. “Building smart, competent teams and ramping them up quickly with a common goal of delivering the best possible results for our clients is one of my favorite challenges as an entrepreneur.”

New positions available include jobs across the organization: Business and Call Center Operations; Business/Data and IT Services; Product Development and Strategy; Legal; Sales and Marketing; HR/Recruiting; Office Administration; and Finance/Accounting.  A complete list of openings is available here.

LaunchPoint’s current clients represent 45 healthcare organizations, including three of the top-five largest health plans and four Blue Cross Blue Shield plans. Year-to-date, LaunchPoint has added 15 new client relationships, including one of the largest health insurers in the U.S., and expanded multiple existing client agreements. Discovery Health Partners, LaunchPoint’s largest division, has 14 million lives under management and was recently named a Top 100 finalist in the Chicago Innovation Awards.

 

About LaunchPoint

LaunchPoint operates businesses that provide cloud-based solutions, software, and services for healthcare organizations. Its two divisions are Discovery Health Partners, a provider of payment integrity software and solutions for healthcare payers, and Ajilitee, a healthcare information and analytics consulting business. LaunchPoint has been named two years in a row to the Inc. 5000 list, recognized as one of the country’s fastest growing companies. In 2014, LaunchPoint was named the 100th fastest-growing company on the 2014 Inc. 500 list and #14 in Healthcare.  More information is available at www.launchpointcorporation.com, www.ajilitee.com and www.discoveryhealthpartners.com.

 

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Rey VillarLaunchPoint announces plans to hire 120 new employees
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LaunchPoint Announces $22.5 Million in Funding from Carrick Capital Partners

Capital to Accelerate Product Development, Increase Market Penetration, and Enhance the Client Experience

ITASCA, IL (Aug. 19, 2015) – LaunchPoint, a provider of cloud-based solutions, software, and services for healthcare organizations, today announced $22.5 million in funding from Carrick Capital Partners, an investment firm focused on technology-enabled businesses.

The investment will be used to fund new product development, expand sales and marketing, and enhance the client experience at LaunchPoint and its two divisions, Discovery Health Partners and Ajilitee.  LaunchPoint’s solutions help payers and other healthcare organizations manage payment integrity more nimbly, reduce cost and waste in their claims payment process, and derive insights from their data.

“Healthcare reform and consolidation are driving the market, and health plans are being forced to improve operational performance,” said Terrence Ryan, LaunchPoint CEO.  “This creates tremendous opportunity for our payment integrity and analytic solutions, which address these problems head-on.”  Industry estimates suggest that unnecessary services and care coordination problems, excessive administrative costs, fraud, and other failures cost healthcare payers 3-7 percent of total paid claim dollars every year.

Carrick’s investment in LaunchPoint is a reflection of the firm’s long-term point of view about market opportunity and a commitment to partnering with companies to help them increase market share, accelerate growth and become market leaders. “As part of our thesis around payment integrity in the healthcare market, we identified a significant opportunity for LaunchPoint’s unique approach,” explained Alex Mason, Managing Director, Carrick.  “Their blend of service and software, offered through multiple delivery models, makes them particularly attractive to a wide variety of healthcare payers. We are excited to help them accelerate growth and continue to deliver an innovative solution to the market.”

Carrick’s Mason and Steve Unterberger, Managing Director, Operations, will be involved as active members of LaunchPoint’s Board.

“The team at Carrick understands enterprise-class cloud solutions and is expert at helping high-growth businesses like LaunchPoint accelerate and scale their organizations,” added Ryan. “Their deep footprint in the healthcare market and their track record of accelerating growth in SaaS companies and business process outsourcing (BPO) organizations like ours makes them an ideal partner as we rapidly expand to bring new innovations to the marketplace.”

LaunchPoint’s proprietary Healthcare Analytics Platform is the cloud-enabled foundation for the Discovery Payment Integrity SuiteTM of software and solutions delivered through the Discovery Health Partners division.   The Discovery suite of software and solutions, along with strategic consulting services available through Ajilitee, currently serves 44 health plans, with over 12 million lives under management.

About LaunchPoint

LaunchPoint operates businesses that provide cloud-based solutions, software, and services for healthcare organizations. Its two divisions are Discovery Health Partners, a provider of payment integrity software and solutions for healthcare payers, and Ajilitee, a healthcare information and analytics consulting business. LaunchPoint has been named two years in a row to the Inc. 5000 list, recognized as one of the country’s fastest growing companies. In 2014, LaunchPoint was named the 100th fastest-growing company on the 2014 Inc. 500 list and #14 in Healthcare.  More information is available at www.launchpointcorporation.com, www.ajilitee.com and www.discoveryhealthpartners.com.

About Carrick Capital Partners

Headquartered in San Francisco and Newport Beach, Carrick Capital Partners is a growth-oriented investment firm that utilizes ABV (Approach to Building Value) to operationally scale fast-growing, technology-enabled businesses.   Carrick adds value by taking a concentrated approach and dedicating significant resources post-investment.  Leveraging decades of experience, Carrick helps scale great companies that deliver excellent returns for investors, stimulating economic growth and positively impacting the industry landscape. Working directly with CEOs and entrepreneurs, Carrick fulfills a vital need for investment capital and growth expertise.

 

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LaunchPointLaunchPoint Announces $22.5 Million in Funding from Carrick Capital Partners
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LaunchPoint named to Inc. 5000’s Fastest-Growing Companies List for Second Year

Parent company of Discovery Health Partners and Ajilitee continues accelerated growth

ITASCA, IL (August 12, 2015) – LaunchPoint, a provider of cloud-based solutions, software, and services for healthcare organizations, has been named one of the fastest-growing private companies in the U.S. for the second year in a row, according to Inc. Magazine’s annual Inc. 5000 list. LaunchPoint’s 273 percent three-year growth earned the company a ranking of 1,505 among the fastest growing private firms and 142 among health companies, following up its debut on the prestigious list last year. To achieve its consistent high growth, LaunchPoint has expanded its client base and solution set, earned a 100% client retention rate through exceptional customer service, and added top talent, increasing its employee base by 30 percent since the start of the year.

More information is available at http://www.inc.com/profile/launchpoint

“We are in a period of rapid acceleration at LaunchPoint and are pleased to be recognized by Inc. 5000,” stated Terrence Ryan, CEO of LaunchPoint.  “This honor fuels our dedication to continued innovation to help payers eliminate inefficiency and waste in claims management and apply analytics to improve insight and decision making.”

To date in 2015, LaunchPoint has added 14 new client relationships, including one of the largest health insurers in the U.S., and expanded four existing client agreements. In addition, the company plans to double its footprint in the Itasca, Illinois, headquarters to accommodate current and future staff additions. LaunchPoint was also honored for the second year in a row with the Gold Fit-Friendly Worksite designation from the American Heart Association for promoting employee health and wellness through a multi-faceted “Swellness” program.

About LaunchPoint

LaunchPoint operates businesses that provide cloud-based solutions, software, and services for healthcare organizations. Its two divisions are Discovery Health Partners, provider of payment integrity software and solutions for healthcare payers, and Ajilitee, a healthcare information and analytics consulting business. LaunchPoint was named the 100th fastest-growing company on the 2014 Inc. 500 list and #14 in Healthcare.  More information is available at www.launchpointcorporation.com, www.ajilitee.com and www.discoveryhealthpartners.com.

 

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LaunchPointLaunchPoint named to Inc. 5000’s Fastest-Growing Companies List for Second Year
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LaunchPoint Announces Executive Appointments

Industry veterans Cahill and Firfer bring more than 50 years of diverse healthcare experience

 

ITASCA, IL (July 28, 2015) – LaunchPoint, a provider of cloud-based solutions, software, and services for healthcare organizations, today announced two executives have joined its management team. Timothy Cahill joins as Senior Vice President, Sales for LaunchPoint, and Jordan Firfer has been appointed Vice President, Product Strategy for LaunchPoint and Practice Lead for Ajilitee, a LaunchPoint division. Both Cahill and Firfer, industry veterans who bring expertise in healthcare data analytics and payment integrity in high-growth businesses, will support the rapid expansion of LaunchPoint and its two divisions, Discovery Health Partners and Ajilitee.

“We are happy to have both Tim and Jordan join our team as we can increase the pace at which we innovate and grow our business to meet the needs of our customers in healthcare payer organizations,” said Terrence Ryan, LaunchPoint CEO. “Their combined experience of more than 50 years in the healthcare sector will be invaluable to us as healthcare payers face new and evolving challenges and opportunities in the marketplace.”

Tim Cahill will lead the expansion of the sales organization at LaunchPoint as Senior Vice President, Sales. Previously, Cahill served as the Senior Vice President of Sales and Account Management at AfterMath Claim Science, Inc., recently acquired by Equian, a Great Point Partners portfolio company. In his four years at AfterMath, Cahill initiated and executed strategies that led to significant growth in total value of new clients and contracts. For the past 25 years, Cahill has served in the healthcare service and technology industries in a variety of roles including executive leadership and management, growth development and execution, strategic selling, mergers, and channel development. This experience includes roles serving at SCIO Health Analytics as the Senior Vice President of Corporate and Business Development and at Trover Solutions as the Senior Vice President for Corporate Sales, Marketing, and Client Solutions. Cahill is a graduate of the University of Dayton where he also serves as an advisor and participant for the School of Entrepreneurship. Cahill resides in Louisville, Kentucky.

“I am thrilled to bring my commitment to the payment integrity space to LaunchPoint and its health plan customers and prospects,” stated Cahill.  “Plans are under tremendous pressure to alter their conventional business processes to meet the challenges associated with the implementation of ACA and to outperform in their specific markets.  The types of technology-driven solutions LaunchPoint and its operating divisions have to offer the marketplace not only meet the demands of health plans today, but their flexibility and ingenuity also meet the demands of tomorrow.”

Jordan S. Firfer, JD, CHIE, joins LaunchPoint as Vice President, Product Strategy, LaunchPoint and Practice Lead, Ajilitee. Previously, Firfer served as Strategy and Corporate Development Executive for Availity, a healthcare clearinghouse and solutions vendor owned by a consortium of Blue plans and Humana.  Prior to that role, Firfer served in a number of leadership roles across the healthcare continuum over the past 25 years. As Senior Director of Information Management for Florida Blue, Firfer led a market transformation to position the health plan as a leader in business intelligence and analytics.  He has also served as Director of Product Management at WebMD/Emdeon and Director of Regulatory Compliance and Internet Portal Administration at HCSC/Dental Network of America. As an active member of the healthcare community, Jordan has served as Chairman and Foundation President for the National Dental EDI Council, and has participated in various industry initiatives with organizations such as WEDI, HIMSS, AHIP, X12, and NADP.  Firfer is a recognized expert in Health Information Exchanges and has testified to CMS/NCVHS on behalf of national commercial and BCBS plans. A graduate of DePaul University, Firfer also holds a doctorate of law degree from The John Marshall Law School. Firfer resides in the Chicago area.

“Healthcare is undergoing a transformation from a transaction-driven marketplace to a data-driven one, and I am looking forward to driving healthcare organizations to be successful by taking advantage of the innovations LaunchPoint and its divisions offer,” said Firfer.  “LaunchPoint’s proprietary Healthcare Analytics Platform, which includes the Discovery Payment Integrity Suite, along with the strategic consulting services available through Ajilitee, represents a powerful combination that can be a game-changer for health payers.”

About LaunchPoint

LaunchPoint operates businesses that provide cloud-based solutions, software, and services for healthcare organizations. Its two divisions are Discovery Health Partners, provider of payment integrity software and solutions for healthcare payers, and Ajilitee, a healthcare information and analytics consulting business. LaunchPoint was named the 100th fastest-growing company on the 2014 Inc. 500 list and #14 in Healthcare.  More information is available at www.launchpointcorporation.com, www.ajilitee.com and www.discoveryhealthpartners.com.

 

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LaunchPointLaunchPoint Announces Executive Appointments
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LaunchPoint Recognized with Second Consecutive American Heart Association Fit-Friendly Worksite Award

Healthcare software, solutions, and services provider honored for employee health and well-being programs

ITASCA, IL (July 8, 2015) – LaunchPoint, a provider of cloud-based software, solutions and services for healthcare organizations, has been recognized as a Gold-Level Fit-Friendly Worksite by the American Heart Association for the second year in a row. The award honors LaunchPoint for encouraging its employees to eat better and stay active through its Swellness Program, which promotes, “It’s swell to be well.” LaunchPoint deepened its commitment to the program in 2015 with the addition of a “Swellness Culture Committee,” comprised of employees who develop and cultivate fresh Swellness initiatives.

“We are honored our Swellness program is recognized by the American Heart Association again with the Fit-Friendly Worksite Award,” said Terrence Ryan, LaunchPoint CEO. “As a healthcare focused business, we encourage a healthier and fit workforce while simultaneously building a culture of camaraderie among members of our organization.”

LaunchPoint’s Swellness Program promotes fun and supports employees in achieving better health and wellness through activities and offerings such as:

  • Company sponsorship for a variety of 5Ks and races, such as the American Cancer Society’s Relay for Life, Santa Run, Turkey Trot, and more
  • Access to a large network of fitness facilities for a low monthly fee through our insurance carrier
  • A relaxed dress environment that includes “athleisure” clothes that allow employees to wear work-appropriate exercise clothes to workout in before, during, or after work at the on-site gym or fitness facility of their choice
  • “Wednesday Walking Club” where employees are invited to walk one of two mapped courses on the grounds surrounding the LaunchPoint office
  • Wellness-based Corporate Service Awards such as gym bags, massages, bikes, fitness club or class, or a Fitbit exercise monitoring system
  • Future plans to offer biometric assessments to provide a benchmark for employees to measure fitness progress
  • Walking meetings wherein teams are encouraged to hold meetings away from the conference room and on the walking courses
  • “Hey Nineteen,” a fitness challenge that encouraged some friendly competition to see who could climb the 19 flights of stairs to the LaunchPoint office in the shortest amount of time
  • Fitness Fridays, in which the company schedules light fitness activities or health education sessions that take place during the workday that have included activities such as yoga, Ultimate Frisbee, badminton tournaments, meditation, and a nutritionist

About LaunchPoint

LaunchPoint operates businesses that provide cloud-based solutions, software, and services for healthcare organizations. Its two divisions are Discovery Health Partners, provider of payment integrity software and solutions for healthcare payers, and Ajilitee, a healthcare information and analytics consulting business.

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LaunchPointLaunchPoint Recognized with Second Consecutive American Heart Association Fit-Friendly Worksite Award
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Webinar on Mass Tort Identification and Recovery Solution for Health Payers

ITASCA, IL (February 12, 2015) – Discovery Health Partners, a division of LaunchPoint, is offering a webinar on “Best Practices in Mass Tort Identification and Recovery Strategies” on February 24 at 2 p.m. EST. The registration link is available here.

Elizabeth Longo - VP of Legal ServicesElizabeth A. Longo, General Counsel for Discovery Health Partners, will discuss emerging processes and technologies that automate and streamline the mass tort recovery efforts of payers and can result in millions of dollars recovered. In addition, attendees will learn how to:

  • Identify members who have received medical care and a settlement as a result of an allegedly defective drug or medical device.
  • Understand the basic processes for obtaining mass tort recoveries.
  • Distinguish the identification and recovery process required for traditional subrogation/TPL cases vs. mass tort cases.
  • Recognize recent mass tort cases and their impact on recoveries.

“Our webinar will address strategies for giving payers a more proactive and systematic approach to mass tort identification and recoveries through a combination of technology, analytics, and legal expertise,” said Longo.  “Many recovery opportunities associated with mass tort litigation are often overlooked, but hold huge implications for payers. When you consider some plans could have hundreds or thousands of members impacted by a single mass tort (such as by a defective pelvic mesh or hip implant), the financial impact could be staggering.”

Discovery Health Partners recently added a Mass Tort solution to Discovery Subrogation, which is part of the Discovery Payment Integrity Suite of software and solutions. The Mass Tort solution leverages a proprietary cloud-based healthcare analytics platform for data integration, identification, case management, and reporting.

About the presenter

Longo is an established cost containment attorney with more than 20 years of recovery and litigation experience.  She has a proven record of achieving optimal subrogation recoveries for Discovery Health Partners’ clients across all lines of business.  Longo has handled thousands of subrogation cases involving motor vehicle accidents, mass torts, slip and falls, product liability, medical malpractice, and general liability with significant positive outcomes.  In addition, she has recovered millions of dollars annually for plans she has represented.  Longo has developed and implemented extensive subrogation training and mentoring programs for Discovery Health Partners team members, as well as policies and procedures related to compliance, Medicare and Medicaid requirements, HIPAA Privacy and Security Rules, and ICD-10 transition.

About Discovery Health Partners

Discovery Health Partners offers the Discovery Payment Integrity SuiteTM of payment integrity software and solutions to help health plans and other healthcare organizations optimize revenue, avoid costs, and improve recoveries.  A combination of deep healthcare experience and powerful technology solutions helps clients drive improved payment integrity and generate measurable results. Discovery Health Partners is a division of LaunchPoint, which was recently named the 100th fastest-growing company on the 2014 Inc. 500 list. LaunchPoint operates businesses that provide cloud-based solutions, software, and services for healthcare organizations. Learn more at www.discoveryhealthpartners.com.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rey VillarWebinar on Mass Tort Identification and Recovery Solution for Health Payers
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LaunchPoint hires Chief Financial Officer

Finance veteran Chandler brings technology, healthcare, and early stage expertise

ITASCA, IL (Feb. 6, 2015) – LaunchPoint, parent company of Discovery Health Partners and Ajilitee, announces the appointment of David Chandler to the position of Chief Financial Officer. Chandler brings more than 20 years of experience in progressive financial leadership roles at healthcare, software and technology companies, including overseeing IPOs and managing complex financial operations companies with SaaS-based applications and software services.

David Chandler - Chief Financial OfficerMost recently, Chandler served as Chief Financial Officer of CareXtend, the first online marketplace designed to help reduce personal health and wellness spending. Chandler’s strong background as a strategic visionary with sound technical, analytical and operational skills in varying dynamic and entrepreneurial environments made him an ideal fit for LaunchPoint, according to CEO Terrence Ryan.

“We are very happy to have Dave’s expertise guide us as we move forward with the next phase of LaunchPoint’s growth,” said Ryan. “We will rely on his ‘big picture’ perspective of the complexities and challenges emerging healthcare software companies face in today’s post-reform landscape.”

Prior to CareXtend, Chandler served as Chief Financial Officer for an IT services company, Fruition Partners, the largest implementation partner for ServiceNow SaaS applications.  Chandler was also SVP of Finance &Operations, Americas for Razorfish – Americas, a $400M digital marketing firm. Additionally he has held leadership roles including Corporate Controller and Sr. Director of Financial Planning at Diamond Technology Partners.

Chandler attended Wesleyan University in Connecticut and received his Masters of Management from the J.L. Kellogg School of Business at Northwestern University.

 

 

 

 

 

 

 

 

 

Rey VillarLaunchPoint hires Chief Financial Officer
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Discovery Health Partners wins 18 new healthcare customers in 2014

Demand for Payment Integrity Solutions Drives 62 Percent Growth in Hiring

ITASCA, IL (January 20, 2015) – Discovery Health Partners, a division of LaunchPoint, announces dramatic growth in clients and headcount for 2014, as the firm continued to expand its payment integrity solution suite and drive measurable results for its healthcare clients. Discovery Health Partners has responded to the increased market pressure on health plans by delivering next-generation payment integrity software and solutions to improve recoveries, avoid costs, and optimize revenue. The company added new health plans to its client roster every quarter in 2014, in effect doubling the number to 37 clients, including two of the top five payers and seven clients in Blue Cross/Blue Shield organizations. Currently, Discovery Health Partners’ software processes 10,000,000 unique lives under management, with 65 percent of 2014 revenue coming from new customers.

Since January, Discovery Health Partners has won multiple new healthcare clients including Summacare, Hometown Health, Physicians Plus, Health Choice and one of the top five health plans in the country, among others. In addition, the company expanded its work with the former Lovelace Health Plan and with Fallon Health to bring proven solutions that address the changing needs of the marketplace.

To service this client demand, Discovery Health Partners grew employee headcount 62 percent in 2014, adding 30 employees in the fourth quarter alone. New employees support clients as recovery and business data analysts, senior software security architects, call center representatives and legal experts.

The Discovery Payment Integrity Suite includes Discovery Analytics; Discovery Claims Analytics; Discovery Coordination of Benefits; Discovery Eligibility; and Discovery Subrogation.  Discovery Health Partners plans to continue hiring in 2015 at a similar rate to 2014.

Discovery Health Partners recently published the following client successes:

  • A community health plan with 207,000 members (32,000 Medicare Advantage members) engaged with Discovery Health Partners to streamline its payment integrity program, leverage legal best practices, and generate improved recoveries using Discovery solutions for Subrogation, Coordination of Benefits, and Medicare Secondary Payer (MSP) Validation. The health plan realized subrogation recoveries of nearly $5.3 million in the first two years of the program as well as $8.5 million realized in MSP premium restoration and $5.7 million recovered through coordination of benefits.
  • A regional Blues health plan with 269,000 members looking to modernize its subrogation operation and empower the in-house team implemented Discovery’s Subrogation software solution, enabling its team to implement a prepayment review process and manage recovery operations via a cloud-based application.
  • A national health insurer with more than 500,000 Medicare Advantage members partnered with Discovery Health Partners for MSP Validation, restoring $32.7 million during the initial validation process.

“Our flexible offerings, client advocacy, leading-edge tools and full transparency are highly valuable to our clients’ cost management programs,” said Paul Vosters, President and Chief Operating Officer, Discovery Health Partners. “We help clients look holistically at their payment integrity efforts, and customize a plan and approach to meet their unique requirements. In many ways we create transparency to the payment integrity space within their organization like never before. We quantify the results to show the difference we make.”

Discovery clients enthusiastically agree. “Fallon Health has a long-standing commitment to improving efficiency and performance so that we can better meet the needs of our members. Our partnership with Discovery Health Partners provides greater visibility into case management and trending through better reporting and analytics. We’ve been able to raise the bar on performance across our payment integrity operations. We’ve also been impressed with how seamlessly the Discovery team partnered with our team,” said Carol Pitts, Vice President, Claims Administration, Fallon Health. “Since working with Discovery Health Partners, we’ve pursued new savings, recovery, and cost avoidance opportunities, and it has positively impacted our bottom line.”

Additional information can also be found on the Medicare Secondary Payer and Eligibility Management resource pages.

 

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