Case Studies
Penstock Recovers $3M in Misallocated HCRA Funds

January 23, 2026

Penstock
January 23, 2026

Case Study Summary: Penstock analyzed a regional health plan’s medical claims to assess compliance with NYS HCRA requirements and uncovered nearly $3M in misallocated surcharge payments. By identifying exclusions missed in stand-alone claim determinations and providing coding, billing, and regulatory guidance, Penstock enabled the plan to recover the funds and implement system changes to prevent recurrence.

Penstock conducted a detailed analysis of a regional Health Plan’s medical claims to evaluate compliance with the applicable requirements of NYS HCRA. Our evaluation focused on regulatory and NUBC changes and cross-claims analysis to identify exclusions currently missed based on stand-alone claim determinations.

In addition to identifying and recovering inappropriately submitted HCRA funds, Penstock was able to provide coding and billing guidance, industry-standard policies and guidelines, and the applicable regulatory references that support operational or system changes required to ensure the accuracy of assessment obligations.

Penstock identified $2,963,502 in surcharge overpayments for the time period under review. By providing the reference documentation and recommendations, the client was able to make systemic changes to prevent future recurrences.

Penstock
January 23, 2026

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