About Strout

Decades of COB expertise rooted in accuracy and compliance.

Founded in 1992, Strout began as a family business helping health plans navigate complex government regulations when eligibility and coverage processes were largely manual. That early work in Medicare Coordination of Benefits established our focus on accuracy, compliance, and operational excellence.

As the industry evolved and the limitations of post-pay recovery became clear, Strout shifted upstream, moving from reactive recovery to proactive, pre-payment accuracy. By focusing on member-level coverage changes that drive COB, we help health plans prevent errors before claims are paid, protecting savings that would otherwise be lost to operational friction and recovery constraints.

Today, Strout delivers a technology-driven COB solution grounded in decades of expertise across Medicare and commercial lines. Our platform identifies coverage and eligibility changes, applies complex COB logic, and supports accurate primacy decisions before payment, resulting in cleaner claims, lower administrative costs, and higher overall savings.

Our Values

Focus

Strout is built on deep COB specialization, particularly in Medicare and complex scenarios. This focus allows us to identify eligibility changes and primacy shifts earlier and more accurately than traditional vendors.

Diversity

As a certified Women's Business Enterprise (WBE) and Texas Historically Underutilized Business (HUB), Strout brings diverse perspectives to solving complex COB challenges. Our unique background and approach deliver differentiated value to health plans.

Trust

Integrity guides everything we do, from how we handle healthcare data to how we support health plans and members through accurate, transparent COB decisions.

Leadership Team

Meet the experts driving innovation in Coordination of Benefits through decades of healthcare experience and technology expertise.

Peter Strout

Founder

Peter founded Strout in 1992 with a clear vision to address the growing need for proactive Medicare compliance and recovery services in the healthcare claims industry. Drawing on more than 25 years of leadership experience at organizations including Blue Cross Blue Shield of Texas, CNA Insurance Company, and CIGNA, he built Strout on a foundation of expertise, integrity, and results. In 2017, Peter transitioned from his role as President to Advisor, where he continues to support the company’s strategic direction and long-term vision. His leadership established the foundation for Strout’s evolution into a modern, accuracy-focused COB organization.
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Stacey Stabenow

President & CEO

Stacey leads Strout with a clear focus on accuracy-first, proactive Coordination of Benefits. Building on the company’s family-founded legacy, she has guided Strout’s evolution from traditional COB services into a modern, technology-driven platform centered on member-level accuracy and prevention of downstream cost. Stacey works closely with national and regional payers, TPAs, and partners to position COB as a proactive operational discipline, delivering sustainable savings with lower administrative cost.
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Sherri Richardson

Vice President, Program Integrity

Sherri brings more than 30 years of leadership experience across healthcare operations, program integrity, and payment accuracy. She has led large-scale initiatives focused on improving compliance, operational efficiency, and accuracy across complex payer environments. As Vice President of Program Integrity at Strout, Sherri helps guide strategy, execution, and alignment with payer priorities, ensuring Strout continues to deliver trusted, high-impact results grounded in integrity and operational excellence.
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Grayson Perry

Board Member

Grayson has focused his career in healthcare technology, leading strategy, partnerships and corporate development. He has led partnerships and alliances for Fortune 5 organizations and helped build and bring to market crucial technology connecting health plans, providers and patients. As a member of Strout’s Board of Directors, Grayson provides strategic oversight and governance support, helping guide long-term growth, partnership strategy, and continued focus on operational excellence and value creation for health plan clients.

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Tawfiq Bajjali

Board Member

Tawfiq brings deep experience in healthcare technology, data-driven transformation, and enterprise-scale platforms. He has led and advised organizations focused on building scalable, secure solutions that improve operational efficiency and enable better decision-making across complex healthcare environments. As a member of Strout’s Board of Directors, Tawfiq provides strategic guidance on technology strategy, platform scalability, and innovation, supporting Strout’s continued growth and ability to deliver accurate, efficient COB solutions at scale.
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