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Benefit Recovery
AddedFeb 15, 2024
UpdatedJun 18, 2026
Benefit Recovery

Benefit Recovery

Private Equity

Benefit Recovery: Veteran-focused healthcare management and payment recovery services.

HQ
Houston, TX, US
Founded
1992
Overview
Compare
Fundraising
Employees
Website

Founded with a mission to streamline healthcare management for veterans, Benefit Recovery specializes in payment recovery services within the hospital and healthcare sector. The company focuses on optimizing business processes and enhancing revenue cycles for healthcare providers, ensuring that veterans receive the benefits they are entitled to. By leveraging advanced technologies, including AI, Benefit Recovery aims to lead the industry in efficient and effective healthcare management solutions.

Notable figures affiliated with Benefit Recovery include Adam Korn, the Chief Administrative Officer, who has been instrumental in discussing the future of healthcare technology and AI's role in payer-provider relations. The company has achieved significant milestones in reducing costs and optimizing revenue for its clients, making a substantial impact on the healthcare management landscape for veterans. Through its innovative approach, Benefit Recovery continues to enhance the efficiency and effectiveness of healthcare services for its target market.

Benefit Recovery - Quick Facts

When was Benefit Recovery founded?

Benefit Recovery was founded in 1992.

Where is Benefit Recovery's headquarters located?

Benefit Recovery's headquarters is located in Houston, TX, US.

When was Benefit Recovery's last funding round?

Benefit Recovery's most recent funding round was for $40M (USD) in October 2020.

How much has Benefit Recovery raised to-date?

As of Oct 29, 2020, Benefit Recovery has raised a total of $40M (USD).

How many employees does Benefit Recovery have?

Benefit Recovery has 375 employees as of Feb 4, 2024.

Benefit Recovery - Classification

Industry
  • Professional Service Companies
Technology
  • AI
Geographic Exposure
  • United States
Revenue
  • Recurring
Customer
  • Enterprise
Main Product
  • Healthcare Management
  • Payment Recovery
Tags
  • Healthtech
NAICS
  • 620000Health Care and Social Assistance
SIC
  • 8000Health Services
  • 8040Offices And Clinics Of Other Health Practitioners
  • 8049Offices And Clinics Of Health Practitioners, Not Elsewhere Classified
Show 10 more industry codes
NAICS
  • 560000Administrative and Support and Waste Management and Remediation Services
  • 561000Administrative and Support Services
  • 561400Business Support Services
  • 561440Collection Agencies
SIC
  • 7320Consumer Credit Reporting Agencies, Mercantile Reporting Agencies
  • 7322Adjustment and Collection Services
  • 9900Nonclassifiable Establishments
  • 9990Nonclassifiable Establishments
  • 9999Nonclassifiable Establishments
  • 7300Business Services