Introducing the Phia Group - Skilled and Effective Professionals
We are an experienced provider of recovery strategies with a focus on personalized service. We represent third party administrators, self-insured companies, insurance carriers, government organizations, unions, reinsurers, and other at-risk entities nationwide.
Over the years, we have noticed insurers ignoring millions of dollars in potential recoveries. We observed lackluster investigation, minimal pursuit, and unskilled negotiation of the many legal issues involved in recovery law. The Phia Group was created to fill this void as every claims facility can benefit tremendously by utilizing our specialized recovery services.
We implement solutions that will magnify your recoveries and increase your profitability. The Phia Group will assist insurers:
- Attain Greater Cost Savings
- Substantially Increase Recovery Results
- Improve Productivity and Profitability
- Create New Revenue Streams
- Boost Overall Member Satisfaction
- Gain an Advantage in a Highly Competitive Environment
Phia Leadership
The company motto, "A Passion for Subro!" is in everything it does. The Phia Group, LLC was created with the vision of becoming the leader in healthcare subrogation through innovative technology, personalized service, and legal expertise, and is well on the way to achieving this goal.
The company was established in 1999 and began operations representing one small third party administrator ("TPA"). Currently, we represent millions of employee lives for our nationwide TPA clients, as well as various reinsurers and insurance carriers.
The company is privately and equally owned by the two founding partners of the firm - Adam V. Russo, Esq. and Michael A. Branco.
Meet the Co-Founders of The Phia Group.
Our Mission - Your Main Source for Recovery Solutions
The Phia Group strives to maximize your recoveries while providing quality client services and customer relations. We want to be your one source for recovery solutions through our innovative strategies while understanding your goodwill needs. We define our goal as assisting benefit plans in strengthening their financial positions as well as relieving the time pressures that recovery efforts place on internal staff. We view our relationship as partners, not as vendors, and want to be an extension of your business.
The Benefits of Our Detailed Recovery Program
Initiating a recovery program is a positive cost shift for your benefit plans. Effective subrogation will reduce plan costs without reducing your plan benefits. A detailed program lowers your plan's net claims cost as money recovered returns to your plan's general fund and is once again available to pay other medical claims. High return recovery enables your plans to provide the highest levels of service and protection at the lowest possible cost.
Claim processors do not have the legal expertise to detect or adequately investigate injury claims. Our services allow you to reallocate your staff resources from the details of recovery work to the more important fee generating functions of your business. You will see a large increase in recoveries and a significant savings of your time and resources. Since we work on a contingency fee basis, there is no up-front cost or risk to your plans. Our interests are aligned with yours since our success depends on your recoveries.