3/21/2019
Riverstone Capital LLC, a group with Cigna Healthcare, is currently in receivership and all plans under Riverstone have been terminated no later than March 8, 2019. Riverstone customers had access through Cigna’s arrangement with S&S Strategies LTD, The Sands Tech Group (S&S) which was Riverstone’s TPA. Providers seeking information regarding the Riverstone situation and any unpaid claims should contact the receivership at https://www.receivermgmt.com/riverstone-nexgenhealthplan.
Providers who had claims affected by this should have received a letter from Robert Moore, the receiver. Please refer to the letter for additional information.
The divisions of Riverstone accessing the Midlands Choice network were:
- Academy Benefits Insurance Agency - Group number 216213
- FPI Management - Group number 215110
- JC Hospitality LLC DBA Hard Rock - Group number 215074
- SCE DBA Hard Rock Sioux City - Group number 212554