Richard Formani
CEO at The Evolve Companies | Columbus, Ohio, United States
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As the CEO of The Elite Companies, Richard Formani is at the forefront of healthcare cost containment, leveraging his extensive expertise in health plan optimization to drive transformative change for employers and their employees. With a keen focus on reducing annual healthcare spend, Richard specializes in developing tailored strategies that enhance benefits while prioritizing the well-being of the workforce—an employer's most valuable asset. His current role involves guiding organizations through the complexities of TPA claims administration and the implementation of self-insured and level-funded health plans, ensuring that they not only save money but also provide comprehensive coverage that meets the diverse needs of their employees.
Richard's leadership is instrumental in the design and execution of innovative captive and association health plan development, which allows employers to pool resources and share risk, ultimately leading to more sustainable healthcare solutions. He is also a proponent of provider direct contracting, a strategy that empowers employers to negotiate directly with healthcare providers, thereby reducing costs and improving care quality. His hands-on approach to claims management and resolution, alongside rigorous hospital bill auditing and eligibility audits, further underscores his commitment to transparency and efficiency in healthcare spending.
Under Richard's guidance, The Elite Companies has successfully implemented numerous key projects that have not only streamlined healthcare processes but also fostered a culture of health and wellness within organizations. His strategic vision and deep understanding of the healthcare landscape position him as a trusted consultant and leader in the industry, dedicated to optimizing health plans and enhancing the overall employee experience.
CEO at The Evolve Companies in May 1999 to Present
Co-founder and President at Cardinal Management, Inc. in January 2001 to January 2007
Co-Founder and President at National Medical Bill Auditing Company in January 2000 to January 2007
President at Commerce TPA in January 1995 to January 2007
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medical bill auditing
Health Insurance
Group Benefit Plans
COBRA
Claims Management
Employee Benefits
Small Business
Marketing Strategy
New Business Development
Insurance
Entrepreneurship
Claims Resolution
Health Plan Operations
High Deductible Health Plans
Healthcare
Claims Investigations
Claims Auditing
Managed Care
Hospital bill auditing
eligibility audits
Association Health Plans
high dollar bill reviews
claims negotiations
clinical bill review
financial bill review
Reinsurance
Strategic Planning
PEO Health Plan Administrator
PEO Health Plan Consultant
Team Building
Business Development
Management
Sales
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What is Richard Formani email address?
Email Richard Formani at [email protected] and [email protected]. This email is the most updated Richard Formani email found in 2026.
What is Richard Formani phone number?
Richard Formani phone number is +13304651739 and +17178082116.
How to contact Richard Formani?
To contact Richard Formani send an email to [email protected] or [email protected]. If you want to call Richard Formani try calling on +13304651739 and +17178082116. (updated on October 30, 2024)
What is Richard Formani net worth?
Richard Formani has an estimated net worth of $150,000 to $249,999
What company does Richard Formani work for?
Richard Formani works for The Evolve Companies
What is Richard Formani's role at The Evolve Companies?
Richard Formani is CEO
Richard Formani Email Addresses
Richard Formani Phone Numbers
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