Calypso Healthcare Solutions Names Vice President.MOUNTLAKE TERRACE, Wash. -- Calypso Calypso, in Greek mythology Calypso (kəlĭp`sō), nymph, daughter of Atlas, in Homer's Odyssey. She lived on the island of Ogygia and there entertained Odysseus for seven years. Healthcare Solutions, a provider of claims accuracy services for payers of health benefits, has announced the appointment of Brian D. Vervynck as vice president of sales and marketing. Vervynck formerly served as VP of sales at Specialty Disease Management, a Florida-based company that helps patients manage chronic disease and improve health outcomes. Vervynck will provide leadership for the firm's sales interaction with health payers. Calypso incorporated in 2000 and since then the firm has recovered more than $250 million for its clients. "I am very pleased to join the Calypso team," Vervynck said. "The services we offer bring significant financial value to health care payers. We will focus over the coming months on the third-party administrators (TPA (Transient Program Area) See transient area. TPA - Transient Program Area ) market as we believe TPAs are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. new and creative ways to bring value-added services to their clients." Calypso helps payers reduce medical expenses through a "forensic" approach to claims overpayment o·ver·pay v. o·ver·paid , o·ver·pay·ing, o·ver·pays v.tr. 1. To pay (a party) too much. 2. To pay an amount in excess of (a sum due). v.intr. To pay too much. , discovery, recovery and prevention. The firm's auditors and recovery specialists use powerful, proprietary technology to audit suspect claims, recover overpayments and help payers find and solve the root causes of overpayment. In addition, Calypso provides subrogation The substitution of one person in the place of another with reference to a lawful claim, demand, or right, so that he or she who is substituted succeeds to the rights of the other in relation to the debt or claim, and its rights, remedies, or Securities. , hospital bill audit and chart review and credit balance services. Finding and recovering payments is only the first step. Calypso provides clients with tools and information needed to identify and change processes to prevent future overpayments. Calypso's discovery and recovery efforts typically net between 1 and 3 percent of paid claims, even for organizations that have in-house investigation and recovery teams. Vervynck brings more than 30 years of healthcare experience to his new position at Calypso. He previously served at the vice president level for a variety of concerns including American Health Holding, a national medical management firm; NaviMedix, a health care software company; and McKesson -- Access Health Group, a provider of clinically based care management solutions. Vervynck has also held senior management positions at established health care organizations including TOKOS Medical Corporation and IVAC IVAC Islington Voluntary Action Council (England, UK) IVAC Insert Valid Access Card (satellite TV hacking) IVAC International Video & Audio Convention IVAC Idle Air Control Valve Corporation as well as start-up companies such as Paradigm Health Corporation and Health InterLink INTERLINK - A commercial product comprising hardware and software for file transfer between IBM and VAX computers. Solutions. Vervynck attended the University of Washington and holds two bachelor's degrees from Western Washington University Western Washington UniversityWWU or Western) is one of six state-funded, four-year universities of higher education in the U.S. state of Washington. It is located in Bellingham and offers bachelor's and master's degrees. . He completed the executive graduate programs at the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). at Los Angeles. Vervynck also served as a commissioned officer in the U.S. Army infantry in Vietnam from 1969 to 1973. About Calypso Healthcare Solutions. Calypso Healthcare Solutions provides claims payment accuracy services to the health payer insurance industry. Our goal is to discover, recover and prevent claims overpayments. Through a comprehensive discovery and recovery program, Calypso provides root-cause analysis for overpayment prevention and turns overpayments into improvements to the bottom line. |
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