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RTW, Inc. · Bloomington, MN United States

Company Description

8500 Normandale Lake Blvd. Ste. 1400
Bloomington, MN
55437
United States (Map)
Phone: 952-893-0403
Fax: 952-893-3700
Toll Free: 800-789-2242
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    RTW helps employees to Return To Work with its disability and absence management services. Its subsidiaries American Compensation Insurance Company (ACIC) and Bloomington Compensation Insurance Company (BCIC) sell workers' compensation coverage, while its Absentia division is a third-party administrator to self-insured employers. It services help cut the cost of workers' compensation claims through pre-hire screening, accident prevention programs, and a proprietary system to identify and manage potentially high-cost injuries. The firm targets small employers that have had high workers' comp losses; clients include businesses in manufacturing, retail, health care, and hospitality. Rockhill Holdings owns RTW. To read the full description, subscribe now.
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    Key RTW, Inc. Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$53.9
    Employees168

    RTW, Inc. Executives

    11 executives listed for RTW, Inc.'s Bloomington, MN location.
    TitleName & BioContact
    Chairman EmeritusDavid ProsserNetwork
    ChairmanJohn GoodwyneNetwork
    President, CEO, and DirectorJeffrey MurphyNetwork

    Competition

    Competitive Landscape for RTW, Inc.
    Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.
    Top RTW, Inc. Competitors
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