New York. February 14, 2016 - Paracon Group, Inc., an advanced analytics and business transformation firm that uses knowledge automation powered by Expertool, announced that the firm will be exhibiting at the Institute of Internal Auditors annual General Audit Management Conference at the Gaylord Texan Resort in Dallas Fort Worth, Texas. Both Managing Partners, Russell Safirstein and Brian Andretta, will be connecting with over 1,200 senior audit professionals during the three day event beginning on March 7th. Highlighting the firm's unique capabilities with regards to its Health Benefits Audit practice will be a main discussion point. A case in point includes the following Client success story:
For a Fortune 100 manufacturer, our compliance reviews identified several very material non-billable charges (38% savings), incorrect DRG coding (8%), in hospital stay accident (80% savings), invalid trauma response (15%) and incorrect dosages (90%). In all, over a 18 month period over $15 million of savings have been realized by the Health Plan - an average of 17% error rates.
Paracon Group, Inc., founded in 2010 and headquartered in New York with additional operations in Illinois, Indiana, Florida, Kentucky and Connecticut, provides next generation business intelligence, technology and expertise to numerous industries and consultancies across the United States. Knowledge Engineering services are powered by Expertool, an in memory analytics and universal modeling platform coupled with innovative knowledge automation mapping methodology and technology. Employee Benefit Solutions focus on providing a Risk Advisory approach across the entire supply chain and utilized the full power of ERISA and the ACA. Project management staffing and consulting expertise services provide co-sourcing or outsourcing for temporary or full-time staffing needs. See more information at www.paracongroup.com