SCRANTON, Pa., Oct. 17 /PRNewswire/ -- TMG Health, Inc., a national business process outsourcing firm with local offices in the Scranton Enterprise Center, is planning a major expansion in Lackawanna County that will retain 413 existing employees and create 730 new jobs for Northeastern Pennsylvania residents.
Thanks to a major financial incentive from the State of Pennsylvania and the administration of Gov. Edward G. Rendell, TMG Health will expand its operations to include a 70,000-square-foot customer support facility on the O’Neill Highway in Dunmore. TMG Health offers Business Process Outsourcing (BPO) services for insurers, employers, health plans and providers in the Medicare, Medicaid and Group Retiree health plan markets.
Founded in 1998, TMG Health expects to have 615 employees by the end of this year. Of that total, 250 will work in the Scranton Enterprise Center and 170 will be in the new Dunmore facility. TMG also employs another 183 people who work directly from their homes in Northeastern Pennsylvania and 12 people at its corporate headquarters in King of Prussia, near Philadelphia. The remainder of the 730 new jobs is expected to be created over the next few years.
The new jobs include positions for customer service staff, enrollment specialists, claims administration, information technology and financial analysts. For more information on available positions, or to apply for a position, please visit http://www.tmghealth.com and click on “job opportunities.”
“As our company continues to grow, we will rely on the skilled and talented workforce in Northeastern Pennsylvania to serve the needs of our customers. We encourage people who may be interested in opportunities with our company to visit our web site to learn more about TMG Health and the positions that we offer,” said TMG Health Founder, President and CEO Jack Tighe.
The $3.71 million financial aid package from the state includes a combination of direct grants, job-training assistance funding and tax credits.
“We are extremely grateful to Gov. Rendell and DCED Secretary Dennis Yablonsky for their assistance in helping our company expand and provide new employment opportunities for the people of Northeast Pennsylvania,” said TMG Chairman of the Board Jim Brown. “We also appreciate all the work Sen. Bob Mellow did to advance this project.”
“It is great news for Scranton and all of Lackawanna County that TMG Health is creating and retaining hundreds of jobs and investing in the future of our community and workforce,” Gov. Rendell said. “Pennsylvania is using its resources to help companies create new opportunities and to attract additional private sector investments.”
TMG Health is the leading provider of Business Process Outsourcing (BPO) services to the Medicare, Medicaid and retiree health plan market. TMG provides operational outsourcing solutions and information systems for health plans, providers and insurers. TMG is the most experienced vendor in the market and has the broadest solution set serving over 40 health plans in all 50 states. Benefits of partnering with TMG include state-of-the-art systems, rapid implementations, reduced capital costs, fixed operational costs and proven regulatory compliance.
TMG is a privately held company, jointly owned by management and its venture capital partners, with combined financial assets exceeding $1 billion. TMG’s primary investors are SCP Private Equity Partners and NewSpring Ventures, venture capital funds based in Pennsylvania. Mr. Brown is a founding partner of SCP and the New Spring investment has been led by Brian Murphy, a partner in that fund and a member of the TMG Health board of directors.
CONTACT: Fran Calpin, Condron & Company, (570) 696-9511; (570) 690-1875 (cell) Or Judy Cohen, TMG Health, Inc., (610) 964-8440, ext. 224; (610) 304-5470 (cell)
TMG Health, Inc.
CONTACT: Fran Calpin, Condron & Company, +1-570-696-9511 or+1-570-690-1875 (cell); or Judy Cohen, TMG Health, Inc. +1-610-964-8440,ext. 224 or +1-610-304-5470 (cell)
Web site: http://www.tmghealth.com/
