Company Overview of Trover Solutions, Inc.
Trover Solutions, Inc. provides outsourced insurance subrogation, and certain other claims recovery and cost containment services to the insurance industry, primarily private healthcare payors. Its primary product, subrogation recovery, entails the identification, investigation, and recovery of accident-related medical benefits incurred by its clients on behalf of their insureds. The company’s other medical claims recovery services include the auditing of the bills of medical providers; the recovery of overpayments attributable to duplicate payments, failures to coordinate benefits, and similar errors in payment; and the auditing of physician evaluation and management claims for consistency ...
9390 Bunsen Parkway
Louisville, KY 40220
Founded in 1988
Key Executives for Trover Solutions, Inc.
Chief Financial Officer, Principal Accounting Officer, Executive Vice President of Finance & Administration and Secretary
Executive Vice President of Healthcare Recoveries Division Subrogation
Executive Vice President of Healthcare Recoveries Division Overpayments
Senior Vice President of Transpac Solutions
Compensation as of Fiscal Year 2015.
Trover Solutions, Inc. Key Developments
Trover Solutions Launches Spectra PI Software to Strengthen its Payment Integrity Efforts
Jun 1 15
Trover Solutions introduced Spectra PI. Spectra PI is a proprietary technology developed to support Trover’s Payment Integrity division, which is aimed to help healthcare payers detect overpayments and find areas where fraud and waste may exist. Trover’s significant investment in the development of the Spectra PI technology is designed to allow Trover to address many of the challenges that healthcare payers face, including overpayments, coordination of benefits, and provider audits. Spectra PI will serve as Trover’s primary data analytics platform to deliver value to its clients in the Payment Integrity space. This technology will allow Trover to automate the analysis of a client’s data, increasing the speed and accuracy of finding and reporting overpayments to clients. Providing the engine to its Payment Integrity solutions, Spectra PI allows Trover’s staff of industry professionals to build solutions to not only identify overpayments but also, to make recommendations that will prevent overpayments in the future. This new offering uniquely uses one piece of technology to review complex data to identify payment errors, coding errors and overpayments. This all-in-one approach makes analyzing data more efficient and faster, allowing better and timelier recoveries.
David Hochheiser Joins Trover Solutions Inc. as Senior Vice President, Payment Integrity Solutions; Launches Payment Integrity Solutions Division
May 15 14
Trover Solutions Inc. has tapped David Hochheiser to join the company as Senior Vice President, Payment Integrity Solutions. Mr. Hochheiser will have the responsibility to work with Trover's clients and prospects to identify areas where Trover can deliver its Payment Integrity services. In addition, he will be in charge of the expansion of Trover's next generation analytics and Payment Integrity platforms. Mr. Hochheiser will join Trover Solutions from Optum, where he was the General Manager and Product Development lead for both the revenue cycle management and payment integrity business.
Trover Solutions announced the launch of its Payment Integrity Solutions division. Trover Solution's new suite of services will improve health payers' ability to ensure that accurate payments are made to the correct providers. Trover's Payment Integrity Solutions cover a wide array of inpatient, outpatient, professional, pharmacy and ancillary queries on adjudicated claims data. Their Payment Integrity suite of solutions also includes post payment coordination of benefits, contract compliance, traditional overpayments (paid after term, duplicate payments, retroactive payments), as well as auditing (HBA and DRG) services. Trover invests significantly in top of the line technologies, and applies advanced analytics to review complex data to identify payment errors, coding errors and overpayments.
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