US Beacon is an independent medical and pharmacy claims compliance firm established in 1995. The company focuses on reducing healthcare costs for self-funded health plans, third-party administrators, and stop-loss carriers. US Beacon is dedicated to protecting self-insured employers and their employees from unnecessary healthcare expenses while ensuring compliance with relevant regulations.
The firm offers a range of services, including pre and post-payment medical claims audits, billing discrepancy identification, compliance reviews, and tailored cost containment strategies. US Beacon operates on a success-based fee structure, meaning clients only pay when savings are achieved. The company has demonstrated significant cost reduction capabilities, with 92% of claims reviewed resulting in over 21% savings and average savings of 30-40% for in-network claims.
Headquartered in Arkansas, US Beacon also has offices in Los Angeles and Virginia, employing around 50 people. Stephen Carleson, the Founder and CEO, brings extensive experience in business and finance, particularly in the healthcare sector.
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