Le Lézard
Classified in: Science and technology, Business
Subject: LIC

GMR Associates Selects Advalent for Their Core Administrative Solution


WESTBOROUGH, Mass., Jan. 10, 2019 /PRNewswire-PRWeb/ -- Advalent, a market-leading, end-to-end healthcare payer administration and medical management platform, is pleased to announce that GMR Associates (GMR), a national third-party administrator (TPA) and benefits management company, has selected Advalent's TPA360TM as their core administrative solution. It provides full enrollment, claims, billing, broker/commission and medical management solutions for GMR's broker and self-funded employer groups.

Advalent's TPA360 TM is the most advanced omni-channel enabled administration solution designed specifically to bring superior tools and user experience to the TPA industry. By implementing Advalent's advanced, cloud-based platform, GMR was able to eliminate the need for costly portals and bring self-service capabilities to all their stakeholders. Additionally, with a rapid implementation time of under 45 days and full product support from the Advalent team, GMR was able to seamlessly transition from their previous administrative vendor and get up to speed on the new system in less time than anticipated.

"GMR is pleased to have chosen Advalent," said Michael Wiesel, GMR's CFO. "We look forward to working with them and would encourage other TPAs to evaluate their TPA360TM offering. The pricing and implementation speed cannot be surpassed."

"We are delighted to welcome GMR to our client family," stated Brian Lichtlin, Advalent's CEO. "We are excited to help GMR expand into new lines of business with cutting-edge, modular technology that will grow as their business does. Our self-service tools and flexible services are designed to meet the challenges that modern Payers and TPA's like GMR are facing in the market today."

 About Advalent
Advalent was founded in 2013 with the mission to create the next generation of core-administration and medical management technology used by Payers, Payviders, and ACOs to compete in value-based care. They have created flexible, easy-to-use solutions for enrollment, claims, billing, appeals & grievances, risk and quality and network and medical management that enable payers with the automation needed to increase operational efficiencies across Commercial, Medicaid, Medicare Advantage, Exchange and Workers Compensation and Subrogation. Advalent has created a platform-as-a-service for managing traditional and new complex products to meet the needs of the industry as it continues its push towards value-based care.

About GMR Associates
GMR Associates, an established employee benefit provider since 2012, has the unique ability to give employers all the options, in one place to make their lives simpler and less stressful. GMR specializes in the development, placement, administration, and support of very successful benefit plans meeting the specialized compliance needs of the merit shop construction community. GMR's expertise in prevailing wage, bona-fide benefit plans, and annualization compliance provides our clients with a single source of benefit services allowing them to focus on their core business.

 

SOURCE Advalent


These press releases may also interest you

at 07:49
In the news release, Roborock Reports 2023 Full Year Financial Results, issued 28-Mar-2024 by Roborock over PR Newswire, we are advised by the company that in the first bullet point of "Growth across Product Categories", the USD amount should read...

at 07:48
Gold's Gym SoCal ? the original home of fitness workouts ? celebrates its 35th anniversary, marking three and a half decades of unparalleled dedication to health, wellness, and community. To coincide with the milestone, Gold's Gym SoCal is unveiling...

at 07:29
In a strategic move to address the growing talent shortage in the global construction equipment industry, XCMG Machinery (SHE:000425, "XCMG") has launched an extensive cross-training program for its employees from XCMG Global Business Headquarters....

at 07:05
Syngenta Group today announced financial results for the fourth quarter and full year 2023. Syngenta Group sales for full year 2023 were $32.2 billion, down $1.2 billion or 4 percent year-on-year (-1% CER). Full year EBITDA decreased 18 percent...

at 07:00
Scrum Ventures, a San Francisco and Tokyo-based early-stage venture capital firm, announced that NBA Champion and entrepreneur Kyle Kuzma, will join the fund as an advisor....

at 07:00
Operation HOPE announced today that "FINANCIAL LITERACY FOR ALL," the latest book by its Founder and CEO John Hope Bryant, has reached #1 on Amazon for Economics, prior to its April 16, 2024 release. From the best-selling author of "Up from Nothing,"...



News published on and distributed by: