HRG Names Steve McCoy as CEO and Chairman 

HRG announced today that it has named Steve McCoy its new CEO and Chairman of the Board of Directors. Mr. McCoy will succeed Colleen Hays, Founder of HRG. Ms. Hays will continue as a Director and Consultant with the company.

Says HRG Founder Colleen Hays, “This is one of the final steps of the process I established to pass ownership of the company to our employees. The creation of the ESOP was designed to reward the loyalty of long term employees as well to motivate employees to remain with HRG. Mr. McCoy’s primary responsibility is now to grow the value of each employee’s share of ownership by continuing to provide excellent service and innovative solutions to support HRG’s clients.”

Mr. McCoy brings 29 years of extensive revenue cycle experience with hospitals and large clinics. His scope of experience includes management of hospital business offices (standalone and CBOs), physician billing offices, collections agencies, Medicaid eligibility services, lost charge recovery, managed care underpayments, defense audits, charge description master maintenance, call center (inbound and outbound) and admitting and financial counseling. Additionally, he has developed or implemented technology for patient accounting, billing and collections, credit checks, eligibility, claims submission and status, CDM, autodialers, contract modeling and payment calculations, work flow automation and document imaging. Mr. McCoy has been with HRG as its President since 2003.

Healthcare Resource Group provides revenue cycle services to hospitals and large medical groups from its offices in Spokane, Seattle, San Francisco and Los Angeles. Services include consulting, interim staffing, accounts receivable management and complete business office outsourcing.