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The Phia Group, LLC announces its strategic alliance with Recovery Data Connect, LLC.

Date: 05.15.08

May 15, 2008 - The Phia Group LLC is pleased to announce a development and marketing agreement with Eldorado Computing Inc. to provide its HEALTHpac customers with subrogation investigation and recovery services.

Utilizing specialized, proprietary recovery software and experienced subrogation specialists and attorneys, The Phia Group will conduct claims monitoring for potential subrogation, overpayment and reimbursement cases on behalf of Eldorado customers. A custom extract of processed claims data from the HEALTHpac claims system provides the necessary data elements that allow The Phia Group to quickly identify recovery opportunities and begin the subrogation investigation process. This valuable tool can give customers rapid access to The Phia Group’s innovative recovery detection software without requiring an upfront IT investment, while enabling more rapid investigation and recovery of potential subrogation savings.

Adam V. Russo, Esq., a co-founder at The Phia Group stated, "We here at The Phia Group are expecting great things from our alliance with Eldorado. HEALTHpac users will have the enhanced ability to utilize our innovative recovery solutions without any IT investment on their end.”

About The Phia Group, LLC
The Phia Group, LLC, headquartered in Braintree, Massachusetts is an experienced provider of cost containment strategies offering personalized service, legal expertise and innovative technologies. The company represents third party administrators, self-insured companies, insurance carriers, and reinsurers nationwide servicing their subrogation, reimbursement, and overpayment recovery needs. The Phia Group’s advanced detection technology analyzes both paid and unpaid claims assisting insurers with their coordination of benefits, claims processing, reinsurance reimbursement, and claims exclusion issues.

The Phia Group's services include subrogation/reimbursement, plan document review, claim analysis, overpayment recovery, and coordination of benefits. The company's attorneys strategize all recovery options, ensuring maximized savings and protection of plan recovery rights. The Phia System, the company’s proprietary software, streamlines recovery efforts through advanced recovery detection technology leading to higher recovery dollars for benefit plans. Based on its motto "A Passion for Subro," Phia has become one of the fastest growing subrogation companies in the nation. For more information about The Phia Group, please visit www.phiagroup.com.

About Eldorado Computing
Based in Phoenix, Ariz., Eldorado Computing, Inc. (ECI) specializes in health insurance application development, business process outsourcing (BPO) services, IT engineering and operational consulting. The company serves the full spectrum of organizations nationally and internationally engaged in managing health benefit plans including third party administrators (TPAs), health plans, employers and self-insured organizations. Together, ECI customers manage 5 million lives and handle 35 million claims annually. For more information, contact 602.604.3100 or visit www.eldocomp.com.

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