6-30-2009
TriCap announces the successful sale and placement of several
large government-backed student loan portfolios. Working with a number
of the nations leading state guarantors and investment groups, TriCap
has been successful in using its ARxChange® platform to arrange for the
purchase, transfer and servicing of multiple rehabilitated student loan
portfolios with face values well in excess of several hundred million
dollars.
03-20-2009
Hospitals Cracking Down on Unpaid Bills and Seek Ways to Collect that Won't Trigger a PR Crisis, including ARxChange® - Crains
03-15-2009
TriCap CEO, Joe LaManna, featured speaker at ACA International's largest healthcare conference, "March for Success Conference & Expo" -
ACA International (
see presentation )
01-26-2009
TricCap's ARxChange® eliminates costs inherent in identifying and winning new hospital accounts -
ACA International
01-20-2009
Equifax and TriCap entered into an Agreement to integrate Equifax credit data into TriCap’s ARxChange® platform. The relationship allows TriCap to offer the ARxChange® community the market's most comprehensive set of predictive analytics.
12-23-2008
ARxChange® bringing hospitals 30% higher returns than conventional collection
methods - Crains Health Pulse.
07-31-2008
ARxChange® is changing the way hospitals and debt buyers do business - ACA International.
07-03-2008
TriCap′s ARxChange® auction site is designed to reduce liability of bad debt and traditional
collections practices - Advisory Board.
06-03-2008
Market reaffirms the value of the quality controls and consumer safeguards embedded
within TriCap’s ARxChange® - Wall Street Journal.
06-03-2008
ARxChange® has dominated the hospital debt auction market - Inside ARM.
April 24, 2007 Barry Schochet, former Vice Chairman of Tenet Healthcare Corporation and one of the most innovative thinkers in the health-care industry joined TriCap’s Board in April. “Mr. Schochet is another tremendous asset to TriCap and brings immeasurable value to the Company” according to CEO Joseph E. LaManna. Mr. Schochet will serve on the Board and advise on strategic initiatives. He brings a wealth of insight, contacts and industry experience to assist TriCap in strategic business development. Apart from Tenent and TriCap, he has twice served as chairman of the board of the Federation of American Hospitals and is on the Board of Trustees of the Healthcare Leadership Council. Mr. Schochet is also co-founder (and director) of Broadlane, Inc. (one of the nation’s largest Group Purchasing Organizations).
November 10, 2006 Healthcare expert John Sardelis, Dr. PH. joins TriCap board. As Associate Chairperson and Assistant Professor for Health Administration at Saint Joseph’s College of New York and founder of the Saint Joseph’s Advisory Healthcare Council, Dr. Sardelis is one of the most renowned and knowledgeable healthcare experts in New York City and on Long Island. Dr. Sardelis’ expertise extends to information technology in healthcare and economics. He is a member of the Academy of Actuaries with membership on the Medicare Steering Committee and Health Care Quality Committee.
September 10, 2006 Thomas R. Owens, formerly honored as "Entrepreneur of the Year by Ernst and Young and in Inc Magazine" and the recipient of the 1994 Enterprise Award in the category: "Best CEO Under Age 40, joined TriCap’s Board of Advisors. Mr. Owens brings extensive experience as his companies have been featured on Inc Magazines "500 Fastest Growing Corporations" list and both Forbes and Business Week’s, "The Best Small Companies in the World" lists.
July 31, 2006 Stuart Shapiro, M.D., the former CEO of the President’s Summit for American’s Future, which had Secretary of State Colin Powell as General Chairman and Presidents George H. W. Bush and Clinton as active Honorary Chairman, joines TriCap’s Board.
June 1, 2006 Accomplished and distinguished entrepreneur John Capozzi joins TriCap’s Advisory Board. Mr. Capozzi brings extensive experience to TriCap as he is nationally renowned for his influence with, and access to, corporate America’s most senior executives. His distinguished history in corporate America extends to creating 27 new businesses in a variety of industries. Of note, he is credited with the creation of a revolutionary concept to generate unique funding for the Points of Light Foundation which was started by President Bush and friends Richard Munro (former co-chairman of Time Warner) and Raymond Chambers (former chairman of Wesray).
May 6, 2006 TriCap files for patent applications associated with its ARxChange® offering.
April 04, 2006 TriCap teams with international data solutions firm, MineTech, Inc. to launch sophisticated data mining and business intelligence tool to analyze bad debt.
March 23, 2006 Martin Begun, former New York University School of Medicine Dean, joins TriCap’s Advisory Board. Mr. Begun has more than 35 years in healthcare leadership in the United States, is immensely influential and offers unparalleled guidance to TriCap.
