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Tempusdirect

www.tempusdirect.com link_icon

Company Research Report: TempusDirect, LLC



Company Overview



  • Name: TempusDirect, LLC

  • Mission: TempusDirect's mission is to partner with patients, healthcare providers, and insurers to create value by removing obstacles and enhancing the quality and speed of patient recovery. They aim to fulfill this mission by creating streamlined reimbursement processes and building strong collaborative relationships.

  • Founded: No information is available.

  • Founders: No information is available.

  • Key People:

  • Josh Dickerson, COO and Co-founder

  • Greg Gaughan, Co-founder & CEO

  • Headquarters: TempusDirect is located at PO BOX 27396, Tempe, AZ 85285, USA.

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Company Known For: TempusDirect is recognized for its innovative medical cost containment solutions specifically tailored for the Property and Casualty (P&C) insurance market. They are known for their user-inspired innovation and approach to eliminating obstacles in provider reimbursement processes.


Products



Direct Negotiations (DN)


  • Description: A solution for Third Party Liability, non-attorney represented claims focused on simplifying claims processes by securing consensual discounts directly from medical providers.

  • Key Features:

  • Industry-best turnaround times

  • Capable of directly retrieving, discounting, and paying providers


Live Benchmarks (LB)


  • Description: Designed for Third Party Liability, attorney represented claims, it addresses complex facility bills to reach fair settlements.

  • Key Features:

  • Provides accepted reimbursement amounts

  • Reduces negotiation leakage leading to bodily injury severity


Claims Validation (CV)


  • Description: A solution for Third Party Liability claims that validates medical bill charges.

  • Key Features:

  • Quick audit for fraud and collateral source payments

  • Ensures payment accuracy


Demand Package Review (DPR)


  • Description: A comprehensive review suite for attorney-represented claims in Third Party Liability.

  • Key Features:

  • Sorting and Indexing

  • Bill Review

  • Legal Nurse Review with three-tier solutions


Prospective Care (PC)


  • Description: Secures favorable pricing for medical services before they are rendered.

  • Key Features:

  • Targets services with high cost containment priority


Complex Negotiations (CN)


  • Description: Focuses on reducing high-dollar medical bills from complex claims.

  • Key Features:

  • Innovative cost containment for Workers Compensation and other insurance lines


Recent Developments



  • New Partnerships:

  • July 2022: Announced a strategic partnership with Snapsheet, enhancing the injury cost containment process for P&C carriers. This partnership integrates Snapsheet's workflow automation with TempusDirect’s solutions to improve speed, transparency, and payment accuracy.

  • May 2020: Established a partnership with Prime Health Services, Inc., integrating with their PPO network to enhance cost containment strategies in the workers' compensation and auto liability sectors.

  • New Product Features and Innovations:

  • January 2022: Introduced solutions addressing the inefficiencies in negotiating attorney demand packages, specifically introducing a robust system for liability coverage negotiations.

  • September 2020: Developed and refined their direct-to-provider settlement model, which is now considered an industry best practice.

  • Technological Integrations:

  • April 2020: Joined Guidewire's PartnerConnect Solution program to enhance claims management systems.

  • Response to COVID-19: Implemented business continuity plans to ensure ongoing service and employee safety amid the pandemic, including transitioning to remote work setups and adhering to health guidelines.


Conclusion



TempusDirect, LLC continues to solidify its position within the P&C insurance sector through innovation, strategic partnerships, and a dedication to its foundational mission of improving patient recovery processes and provider reimbursements. Their evolving suite of solutions addresses emerging needs in medical cost containment and demonstrates a steadfast commitment to staying ahead of industry changes.