First Recovery Group: Equian Announces Acquisition of First Recovery Group

Equian Announces Acquisition of First Recovery GroupEquian Announces Acquisition of First Recovery GroupCombination Expands Equian's Footprint in Managed Medicare / Medicaid SubrogationINDIANAPOLIS, IN--(Marketwired - July 11, 2017) - Equian today announced its acquisition of First Recovery Group (FRG), further enhancing Equian's market leading position in its subrogation line of business. The acquisition of FRG supports Equian's growth strategy through market expansion into Medicare and Medicaid. Additionally, the acquisition enhances Equian's legal expertise in government, commercial, and mass tort law while providing FRG's client base with access to Equian's predictive analytics -- designed to reduce provider and member abrasion -- as well as access to accelerated investments in big data technologies."Complex federal laws and ever-changing state laws require tackling subrogation in a unique way, and FRG has always been focused on innovative and market-specific solutions that provide our clients specific and local expertise in these complex markets," stated David Rosen, CEO of FRG. "Today, subrogation is a legal requirement for government health plans, and we are excited to bring our legal and domain knowledge to Equian. Partnering with Equian was a logical next step in staying at the ...Full story available on Benzinga.com