Penstock is a service partner and SaaS builder for forward-thinking health plans and providers, empowering recovery, audit and regulatory teams to get accuracy right from the start—when it matters most. Our technology and services enable health plans to reclaim time and control—so they can focus on what matters most—their members.


We are committed to continually reimagining the way care is paid for, to reclaim greater integrity between payors and providers that will empower healthcare payors to make their spend more efficient and providers to be reimbursed more accurately.

Health Care

Health Data

Health Insurance

Penstock

Penstock's headquarters in Collinsville, CT, United States

Steve Palma

Chris Gallagher

Jeffrey Snyder

The Audit and Compliance Team at Penstock is responsible for ensuring the accuracy and integrity of healthcare payment processes. This team conducts thorough inpatient and outpatient audits, validates Diagnosis-Related Group (DRG) codes, and performs clinical audits to identify discrepancies and ensure compliance with regulatory standards. Their expertise helps health plans reclaim erroneous payments and supports providers in receiving accurate reimbursements, ultimately enhancing the efficiency and fairness of the healthcare payment system.

Audit and Compliance Team

The Leadership Team at Penstock is responsible for setting the strategic direction and overarching vision of the company. This team ensures alignment across operations, delivery, regulatory solutions, and overall organizational goals. They provide guidance, make critical decisions, and drive initiatives to enhance the accuracy and efficiency of healthcare payments, ultimately empowering both health plans and providers.

Leadership Team

The Project Management Team at Penstock coordinates and oversees the planning, execution, and successful completion of company projects related to enhancing healthcare plan accuracy and efficiency. They ensure that all initiatives align with the company’s mission to empower health plans and providers, manage timelines, allocate resources, and monitor progress to deliver high-quality software and service solutions.

Project Management Team

The Technical Development team at Penstock is responsible for designing, developing, and maintaining the software solutions that empower health plans and providers to achieve greater accuracy and efficiency in recovery, audit, and regulatory processes. This team, consisting of Software Developers, SQL ETL Developers, and Senior Software Developers, works collaboratively to create robust and scalable SaaS applications that reclaim time and control for our clients, ultimately improving the reimbursement and spending process in the healthcare industry.

Penstock

Org chart

Teams

Audit and Compliance Team

Leadership Team

Project Management Team

Technical Development

Offices

Penstock

Org chart

Teams

Audit and Compliance Team

Leadership Team

Project Management Team

Technical Development

Offices

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