Cobalt Ventures on LinkedIn

Cobalt Ventures, LLC offers a range of innovative solutions to strengthen existing health care services. Through our subsidiaries, we offer a comprehensive range of products to address the health care needs of employers and employees, easily and cost-effectively.

Cobalt Ventures, LLC offers a range of innovative solutions to strengthen existing health care services. Through our subsidiaries, we offer a comprehensive range of products to address the health care needs of employers and employees, easily and cost-effectively. We embrace fresh ideas, deliver flexible solutions, and develop key partnerships that open the door to incredibly beneficial opportunities.

Our subsidiaries have developed award-winning health care services through a true understanding of how to craft successful models that deliver healthy results for people and partners. Each subsidiary operates autonomously where they compete with similarly targeted providers. This ensures that each have the ability to grow independently and quickly react to market changes. The competitive advantage Cobalt Ventures provides is the ability to leverage advancements in one subsidiary to the benefit of the entire company's offerings. Many health care providers will be pleased to learn the diverse coverage of solutions they are able to provide. It is our goal to:

  • Build awareness and brand recognition for all subsidiaries and provide cross-selling opportunities.
  • Demonstrate how Cobalt Ventures provides state-of-the-art and innovative ideas in the health care industry.
  • Provide solutions to make smart decisions that are entrepreneurial, flexibility and efficiency.

Cobalt MedPlans specializes in claims processing services to health care plans. We are an outsourcing partner for insurance claims processing for staff augmentation backlog reduction, system conversions and facility consolidation. We serve Blue Cross and Blue Shield, HMO, Medicaid, Medicare Advantage and Commercial Health Plans.

When you team with Cobalt MedPlans, you gain a tactical partner and asset to your organization. We have a work force and management team that is highly experienced. We maintain a detailed mobilization plan that is collaboratively developed and conduct daily quality assurance audits to augment the quality reviews conducted by our clients. We also back up our promises with service level guarantees within your specific requirements.

We work off-site by connecting to the client's system via VPN or dedicated network, thus eliminating the need for additional hardware or software expenses. For new clients, Cobalt MedPlans achieves 100% of your performance expectations and quality metrics typically within six to eight weeks. We are dedicated to providing the most cost-efficient, accurate claims processing services in the industry.

Preferred Health Professionals offers Preferred Provider Organization (PPO) networks as well as customer service, sales and account service, and claims re-pricing throughout Kansas and Missouri. Our experienced, customer service professionals average over 18 years with Preferred Health Professionals. We provide responsive, knowledgeable service to you and your employees. Our networks are some of the most well-established, stable networks in this region, offering unparalleled access to excellence in health care delivery and services. We also partner with our clients to build a complete health care package that is flexible, comprehensive, and convenient. These value-added products include: dental, adjudication system, wellness program, nurse help line and other health care related necessities.

Our mission is to provide innovative, high-quality and cost-effective provider network arrangements and other health care products and services for the benefit of our customers, and ultimately to improve the health status of the people in the communities we serve.

CompAlliance is dedicated to increasing the quality and value of workers' compensation services through our PPO network, medical bill review, workflow solutions and case management. Our extensive network of physicians, hospitals, clinics and case management delivers significant savings through quality relationships.

CompAlliance offers the best selection of multi-specialty providers and facilities. We partner with providers that meet our rigorous credentialing criteria. Clearly, our providers are impressed with our network — many of them have become CompAlliance clients. We are a Managed Care Organization committed to your employees' swift recovery. That's why we seek out physicians that specialize in occupational medicine... a key factor in the timely return to work of your employees.

CompAlliance is a multi-state, provider-based PPO network. Our network of healthcare providers includes health systems as well as independent specialty practitioners. And our broad geographic coverage assures that you will have a selection of high-quality physicians and facilities nearby to provide prompt service.

New Directions Behavioral Health provides solutions that drive down health care costs and absentee rates, lower risk, and increase productivity. Through our Employee Assistance Program, Health Coaching, Managed Behavioral Healthcare and Performance Solutions, we address employees' workplace, personal, and lifestyle issues.

As behavior change agents, our core technologies encompass a full range of evidence-based practices and proven success in assisting individuals and organizations find balance and health. We help corporate customers achieve greater employee productivity while giving individuals tools to attain healthier and more balanced lifestyles.

  • Managed care with astute utilization and case management services
  • Early intervention, information, and work/life resource identification via Employee Assistant Program
  • Healthy lifestyle assistance offered by health coaching
  • Services designed to mitigate problematic employee behaviors through Performance Solutions

Cobalt Ventures, LLC offers a range of innovative solutions to strengthen existing health care services through our subsidiary companies. Cobalt Ventures takes conventional healthcare management and makes it more nimble and flexible.

Cobalt MedPlans is a flexible and tactical partner providing cost-efficient, accurate claims processing.

Preferred Health Professionals provides high-quality and cost-effective provider networks and other health care products and services.

CompAlliance, is a subsidiary of Cobalt Ventures, LLC. We provide an efficient workers' comp network, PPO bill review, case management, PPO network access, web services and workflow solutions.

New Directions Behavioral Health provides a complete package of behavioral health services for employees and their family members.

Cobalt Astra is a Human Resources Outsourcing company providing comprehensive services and a full suite of benefits that help your employees at every level.

Street Mailing Address:

Cobalt Ventures, LLC
8140 Ward Parkway, Suite 430
Kansas City, MO 64114

  • Jeffrey D. Nelson

    Bret W. Oettmeier President and CEO Read more

    Bret W. Oettmeier is President and CEO of Cobalt Ventures, LLC. Prior to joining Cobalt Ventures, Bret was Vice President and Global Head of Corporate Development of DST Systems, Inc. At DST, Bret was responsible for leading the execution and integration of Merger & Acquisitions (M&A) where he completed seven transactions representing over $1 billion in transaction value in the Financial Services sector. Prior to joining DST, Bret was a Vice President at Quadrangle Group LLC, a $3 billion Media and Telecom focused Private Equity fund based in New York. At Quadrangle, Bret was actively involved in sourcing, conducting diligence, and executing M&A, IPO, restructuring and recapitalization transactions. Bret also served on the Board of Directors for three Quadrangle portfolio companies. Prior to joining Quadrangle, Bret spent seven years at UBS Investment Bank in London and New York as a financial advisor to the Technology, Media, Telecom, and Oil & Gas sectors where he advised on over 75 M&A, capital market and restructuring transactions. During his 15 years of experience as an Investment Banker, Private Equity and Corporate Development professional he has executed a broad range of transactions representing over $25 billion in aggregate value. He brings diverse sector experiences and relationships with financial advisors and investors across the Financial Services, Healthcare, Energy, Oil & Gas, Technology, Telecommunications and Media industries. Bret earned a business degree in Finance from Kansas State University and served as a member of the Dean’s advisory council.