usa key people libby connolly alexander ceo website www.connolly.com connolly llc formerly connolly inc. is a private global recovery audit firm with more than 1 200 employees and two divisions global retail and healthcare . the company is headquartered in wilton connecticut . recovery auditing is a financial best practice recognized by leading organizations worldwide for reducing clients erroneous payments improving their processes and enhancing their performance . connolly s clients include many of the world s largest and best run companies in virtually all industries . 1 contents 1 recovery auditing 2 history 3 divisions 4 awards 5 references 6 external links recovery auditing edit recovery auditing involves recouping the millions of dollars each year that companies and government agencies have erroneously paid to suppliers vendors and providers . these errors can include duplicate payments missed discounts incorrectly coded medical claims and more . 2 these types of improper payments are endemic to most large organizations and can range from less than 1 % to as much as 8 % of expenditures . 3 history edit connolly was founded in 1979 by james connolly a former executive at the gimbels department store and was initially known as connolly consulting associates . the company s initial focus was on retailers but the business was expanded to non retailers in the early 1990s and to healthcare medical claims auditing in the late 1990s . larry connolly assumed leadership of the company in 1991 retiring in 2012 . libby connolly alexander is the current ceo . 4 divisions edit connolly s healthcare division serves commercial and government payers in the identification of erroneous healthcare claims . the company has also worked for the centers for medicaid and medicare services cms as a recovery audit contractor rac 5 since 2005 . connolly s retail division serves 19 out of the top 20 u.s. retailers . 6 awards edit connolly was selected in 2008 2009 2010 and 2011 as one of inc. magazine s 5000 fastest growing private companies in america . 7 connolly was recognized in 2010 and 2011 as one of the best places to work in connecticut by the hartford business journal 8 references edit hoovers connolly inc. . iapp cost recovery revolution . microsoft case studies ; connolly inc. . libby connolly testifies before congress . recovery audit contractor . libby connolly testifies before congress . meet the 2010 inc. 5000 a list of america s fastest growing private companies . best places to work 2010 ranked no. 16 small medium company category connolly inc. . external links edit official website retrieved from https en.wikipedia.org w index.php title connolly inc & oldid 743263876 categories companies based in atlantaaccounting firms of the united statescompanies established in 1979privately held companies based in georgia u.s. state navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 8 october 2016 at 21 38 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view