News and Events
GTESS Corporation to License Medstat-Thomson
Healthcare
Decision-Support Solution
Group & Pension Administrators (GPA) first to acquire Information Service
September 7, 2004 (Richardson, TX) GTESS Corporation, a leading provider of business process outsourcing services for the healthcare industry, today announced it has licensed Medstat’s healthcare information decision-support solutions to offer to its healthcare payer and benefit administrator clients. Medstat is a business within the Thomson Corporation, a global leader in providing integrated information solutions to business and professional customers. Under this arrangement, GTESS will provide relevant Medstat management tools, streamlined implementations processes and improved, customized reporting packages to its clients, including Richardson-TX-based Group & Pension Administrators (GPA), the first healthcare payer to employ these GTESS-provided Medstat services.
“Medstat-Thomson leads the healthcare industry in information solutions, and we’re excited about this opportunity to offer these tools in relevant and affordable ways for our market,” said Deborah M. Gage, GTESS President and CEO. “Offering information tools to analyze and evaluate utilization review, disease and cost management and overall cost monitoring underscores our on-going commitment to offer high-value, advantage-boosting services on an outsourced basis to clients.”
“GPA’s ambitious plan to expand and enhance its best-in-class administrative services shows that smaller plans and TPAs are finding innovative ways to be responsive to their customers and collaborate with provider networks to improve healthcare quality and control costs,” said Medstat Vice President Dr. Michael Sherman.
”With Medstat, GPA will be able to make even more informed plan and coverage decisions for our clients and carriers, as well as improve upon the claim management process that we perform for them,” said GPA Chief Operating Officer Kathy Enochs. “We’re pleased that our customers now have access to this type of state-of-the-art information tool.”
About GTESS Corporation
GTESS (www.GTESS.com) is a provider of outsourced business solutions for healthcare plans and benefit managers. The Company leverages proprietary technology that replaces error-prone human processes with automated workflow in a superior service model to lower the cost and improve the quality of healthcare payment systems. GTESS’ services include a total front-end claims processing system of integrated, client-customized advanced technology for claims receipt, verification, data quality improvement, member and provider verification, repricing facilitation, claim routing and tracking, and document management. Its ‘clean-claim’ HIPAA-compliant electronic data interchange (EDI) delivery systems go beyond what can be achieved by automating parts of the process, or outsourcing operations off-shore. GTESS delivers higher-quality data and cleaner claims which result in dramatic improvements in turn-around times and processing costs.
About Medstat-Thomson
Medstat (www.medstat.com) is a healthcare information company that provides market intelligence and benchmark databases, decision support solutions and research services for managing the cost and quality of healthcare. The company applies these capabilities to improve policy and management decision making for employers, government agencies, health plans, hospitals and provider networks. Medstat is a business within the Thomson Corporation, www.thomson.com, with 2003 revenues of $7.6 billion. A global leader in providing integrated information solutions to business and professional customers, Thomson has more than 20 million users in the fields of law, tax, accounting, higher education, scientific research and healthcare. The Corporation’s common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).
About Group & Pension Administrators
Group & Pension Administrators (GPA) (www.gpatpa.com) is a third-party administrator (TPA), providing highest-quality administrative, customer support, claims processing, claim management, and plan development and review services to self-insured employers.
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© GTESS 2004
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Karen Hallman
GTESS
972.792.5500
Ellen Donahue-Dalton
Dalton Associates
404.442.7900 |