EDEN PRAIRIE – July 9, 2014 – LTCG, the recognized leader in business processing outsourcing for long-term care insurance, has reached an important milestone that illustrates its significant growth. The company has performed more than 425,000 assessments in the last 12 months for its customers, including many of the nation’s top long-term care and life insurers. LTCG’s assessments provide a comprehensive understanding of an individual’s health, lifestyle, functional and cognitive care needs. As a result, LTCG’s customers can make informed decisions around underwriting support, risk assessments, ongoing benefit eligibility and care planning and management.
LTCG has expanded its assessment offerings in the past 15 years and has seen incredible growth in many areas. These include telephone applications, cognitive screens, combination products, and condition-specific and short-term care interviews. In fact, the company’s MCAS cognitive screening has been recognized as the most accurate screening of its type available in the industry. LTCG’s comprehensive facility evaluations and medication adherence assessments are also in high demand by leading insurers.
“This is an exciting milestone for LTCG which has resulted from the depth and breadth of our expertise in this industry,” said Peter Goldstein, CEO of LTCG. “These highly accurate, reliable assessments give our customers the information they need to make strategic financial and clinical decisions.”
Originally founded in 1996 as the Long Term Care Group, LTCG is the largest provider of comprehensive outsourcing and claims management to long-term care insurers. The company also offers a variety of highly customized telephonic and in-person assessments to meet the diverse needs of its customers. In-person assessments are performed via national network of over 3,500 on demand registered nurses who specialize in functional and cognitive health. LTCG currently has trained clinicians in all 50 states, Canada, Puerto Rico and the Virgin Islands.
LTCG is a leading provider of business process outsourcing to the insurance industry, with an emphasis on supporting long-term care products. LTCG serves over 50 insurers, including all of the top ten carriers in the long-term care market. The company offers complete administrative support including application processing, underwriting, policy administration and claims and care management as well as health and functional assessments. In addition, LTCG provides clients with unique insight about risk management built upon the industry’s largest database of long-term care underwriting and claims outcomes. For more information, visit www.ltcg.com.