KING OF PRUSSIA, Pa., Oct. 13 /PRNewswire/ -- TMG Health, the leading national provider of Business Process Outsourcing (BPO) services for Medicare and Medicaid managed care plans, announces the signing of twelve major contracts worth over $180 million in contract value during the first nine months of 2005. This sales volume represents over a 700% increase over 2004 results for the same time period.
The twelve new contracts signed so far this year cover health plan members in all 50 states. In addition to the numerous Medicare HMO, PPO and SNP plans served, TMG Health is also the largest BPO service provider for Medicare Advantage Private Fee For Service (PFFS) plans in the nation. TMG Health’s domain expertise in Medicare and Medicaid operations and regulations positions the company as a natural partner for health plans seeking innovative and strategic applications for all types of Medicare Advantage-based products.
The new contracts include agreements to support a national Medicare Advantage PFFS healthplan, 12 Blue Cross/Blue Shield plans, and one of the nation’s largest standalone Part D providers.
TMG Health CEO Jack Tighe comments, “The volume of our new contract signings is a direct result of our dedicated focus on the Medicare Advantage and Medicaid markets and our commitment to delivering high-quality, cost- effective business process services.”
Eric Corkhill, Vice President, Sales and Marketing for TMG Health, agrees that the record sales growth is a result of “expertise and efficiencies.” He states, “TMG Health has earned its reputation as the most experienced Medicare Advantage administrative services provider in the industry. Our experience has yielded operational efficiencies, which in turn, drive down costs.”
About TMG Health
TMG Health offers Business Process solutions to the Medicare, Medicaid and retiree health plan market. It provides an array of specialized administrative services and information systems for health insurers and provider-sponsored plans in all 50 states.
TMG Health is a privately held corporation located in suburban Philadelphia with a National Operations Center in northeastern Pennsylvania.
For more information, please visit http://www.tmghealth.com. Media Contact: Anne Marie Heil (610) 933-8065 annemarieheil@comcast.net
TMG Health
CONTACT: Anne Marie Heil, +1-610-933-8065, or annemarieheil@comcast.net,for TMG Health
Web site: http://www.tmghealth.com/
