Compass Consulting Group’s Benefit Plan Design Services Now Available to HR Service Providers through PrismHR Marketplace
Healthcare Reform, Medical Renewals, Advanced Claims and Risk Assessment Analysis Consultation
Hopkinton, Mass. — May 30, 2019 — PrismHR, the leading HR technology software powering payroll, benefits and HR for small and medium-sized businesses across the U.S., today announced that Compass Consulting Group, LLC is now offering its benefit plan design programs to PrismHR’s network of HR service providers through the PrismHR Marketplace.
Compass is a recognized leader in the design and operation of employee benefits plans for professional employer organizations (PEOs) nationwide and provides in-depth consultation for issues such as healthcare reform, medical renewals, and advanced claims and risk assessment analyses using its proprietary risk management programs. Service providers can access Compass’s services directly from the PrismHR platform for more timely and actionable information regarding their plan performance.
Services include:
- Optimizing existing master plans
- Refining internal competencies in master plan management
- Establishing new master plans and developing strong management competencies
- Enhancing an existing master plan with better national or targeted regional reach
- Providing additional sustainable healthcare solutions tailored for the unique needs of each service provider.
“It’s exciting for Compass to work with a strategic partner that’s as capable and passionate about the PEO industry as PrismHR,” said Matthew Weaver, Director of Strategy and Development at Compass Consulting Group. “We have always looked to align ourselves with fellow industry leaders to better serve our clients and drive PEOs forward. This partnership allows us to collaborate and provide value to our joint clients through data integration and marketplace positioning. We look forward to deploying our combined expertise to create unique solutions that positively impact the client’s ability to grow and manage profitability.”
“Compass’s broad range of consulting services will be a tremendous asset to our HR service providers,” said Tim Pratte, Senior Vice President of Customer Success at PrismHR. “Our service providers have been asking for expert assistance and guidance in employee benefits plan design, risk management and cost reduction strategies, and we’re pleased to offer Compass’s services as part of PrismHR Marketplace.”
About Compass Consulting Group, LLC
Compass Consulting Group, LLC (www.compasscgi.com) is the leading provider of innovative employee health and wellness benefits consulting, services and solutions. Compass consultants are experts in employee benefits plan design, risk management, actuarial analysis and year-over-year cost reduction strategies. Founded in 1995 and headquartered in Jacksonville, Florida, the company manages $1.3 billion in premium volume for more than 250,000 subscribers in 37 states, making it one of the Southeast’s largest benefit providers. Compass Consulting Group, LLC is a wholly-owned subsidiary of OneDigital LLC.
About PrismHR
PrismHR’s mission is to fuel the growth of small and medium-sized businesses (SMBs) across the U.S. Our software, combined with our ecosystem of HR service providers, enables SMBs to manage payroll, benefits, and HR, leveling the playing field with large enterprises. Today, PrismHR software delivers world-class HR services to more than 88,000 organizations and 2.2 million worksite employees, processing greater than $57 billion in payroll each year. PrismHR is located in Hopkinton, Mass. For more information, visit www.prismhr.com.
Media Contacts
PrismHR
Maryellen Edwards
(508) 809-3496
medwards@prismhr.com
Compass Consulting Group, LLC
media@compasscgi.com