MEMPHIS, TN and Aliso Viejo, CA (May 15, 2015) — Helios, a national provider of pharmacy benefit management, ancillary, and settlement services for the workers’ compensation, liability and auto no-fault industries, and Ringler® Associates, the nation’s leading structured settlement company, announce that Helios will acquire all assets of Ringler® Medicare Solutions (RMS), the Medicare Secondary Payer (MSP) affiliate of Ringler Associates.
“The acquisition of RMS allows us to continue to expand our presence in the claim settlement market,” commented Jeff Gurtcheff, Vice President and General Manager of Settlement Solutions at Helios. “The integration of RMS will further enhance our ability to work closely with all parties to assist in the identification of claim settlements where Medicare consideration is recommended, provide education and training to clients, and simplify the settlement process.”
Helios is one of the country’s largest providers of claim settlement services and provides guidance to drive appropriate and compliant settlements for workers’ compensation and liability claims. Through an integrated clinical, pharmacy, claims, and legal approach, Helios helps clients navigate the settlement landscape with solutions for MSP compliance, Medicare Set-Aside (MSA) allocations, Mandatory Insurer Reporting (MIR), conditional payments, and post-settlement services. Ringler Associates has provided structured settlement services focused on long-term financial security of injured parties and their families for the past 40 years and developed RMS as an affiliated service.
“As part of the RMS acquisition, we are very excited to have Tom Blackwell, Vice President and Program Director of MSP Compliance Services at RMS, join Helios as Vice President – client services,” said Gurtcheff. “Tom is an industry thought leader in the Medicare compliance and reporting space. He will be a great asset to Helios, and will ensure a seamless transition of RMS business to Helios.”
Joseph Loseman, Executive Vice President and Chief Financial Officer at Ringler Associates, added, “Our primary goal as the leader in the structured settlement industry is protecting the financial security of all injured parties and their families involved in the settlement process. We will continue to drive efficiencies in this space.”
Helios brings the focus of workers’ compensation and auto no-fault pharmacy benefit management, ancillary, and settlement solutions back to where it belongs—the injured person. This comes with a passion and intensity on delivering value beyond just the transactional savings for which we excel. To learn how our creative and innovative tools, expertise, and industry leadership can help your business shine, visit www.HeliosComp.com or call 800.777.3574.
About Ringler Associates
Ringler Associates, Inc. is the largest structured settlement company in the United States with over 140 consultants in more than 60 major cities. Established in 1975, the company is a team of experienced professionals who have earned the trust of all parties involved in the structured settlement process. Every Ringler Associate takes an individualized, customer-focused approach to each case, backed by the strength and resources of a national company to collaborate with injured people, attorneys, and insurance professionals providing the best settlement solutions for claimants and their families.
Duke T. Wolpert, MSI, SCLA, CSSC
Vice President of National Marketing
Ringler Associates, Inc.
Mobile: (860) 331-0420