HRA-HEALTHCARE RECOVERY ADVISORS, LLC

CORPORATE PROFILE
HRA-HEALTHCARE RECOVERY ADVISORS, LLC
EXECUTIVE SUMMARY
HRA-Healthcare Recovery Advisors, LLC ["HRA"]
is an Austin-based company made up of C-level
executives with over 70 years collective experience
in the healthcare industry. HRA provides advisory
services to physicians, hospitals and pharmacies
for the recovery of penalties and interest that are
owed to them from insurance companies under the
Texas Prompt Pay Act [the "Act"]. We focus on each
client's billing data, specifically, late payments going
back four years [statute of limitations] and produce a
Recovery Report which outlines the potential for what
is owed the client in penalties and interest. HRA is
not a collection company. We only seek new found
money through the Act for our clients.
HISTORY
HRA was founded in late 2012 by Michael Kindred
and Bill Pollock. Having founded and run an
investment banking company for several years
together, a discussion regarding plaintiff law firms
and the Texas Prompt Pay Act ["the Act"] prompted
the co-founders to start HRA. The mere idea of
plaintiffs law firms [who historically have sued
physicians and hospitals] trying to help those they sue
recover money owed them through the Act, did not
make sense.
The choice by physicians, hospitals and pharmacies
of who to help them recover money owed to them
under the Act is important. HRA is the better
alternative. Not only will HRA offer better economic
terms, but HRA will also take a less litigious approach
designed to keep intact important relationships that
healthcare providers have with their payors, the
insurance companies.
In just over one year, HRA's client list has grown
from one small physician group to now include a
large Fortune 500 hospital management company
with over 20 acute care facilities in Texas, numerous
small and large physician groups, and a number of
hospitals. HRA was recently selected as the exclusive
provider of this service endorsed by the Texas
Hospital Association [THA]. HRA developed its own
state-of-the-art proprietary software technology to
facilitate collection and processing large volumes of
data giving HRA the ability to provide a Recovery
Report for our clients within 30 days [HRA’s standard
practice].
WHY PURSUE THIS
• Estimated potential recovery is significant:
o Physicians: $100,000 to $250,000 per physician.
o Hospitals: $50,000 per hospital bed.
• No cost to you: We pay for all the expenses [legal, data analysis, information technology, etc.].
• Very little of your staff time necessary: We can help expedite the process.
• Precedents are being set: There already have been a number of successful cases.
• Four-year statute of limitations is running: We can go back four years to capture penalties and interest owed.
CONCLUSION
HRA maintains one simple mission--to assist healthcare
providers get what they are owed under the terms of
the Act.
HRA-HEALTHCARE RECOVERY ADVISORS, LLC
HRA Recovers New Found Money for Physicians,
Hospitals and Pharmacies.
1200-3 Barton Creek Blvd
Austin, Texas 78735
512.656.6374
214.886.4295
512.750.8137
512.331.4669 214.632.3355
Bill Pollock - Co-Founder
Michael Kindred - Co-Founder
Bob Spurck - Business Development
Skip Branson - Business Development
Betty Spining - PR and Marketing
www.healthcarerecoveryadvisors.com

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