February 18, 2005 (Richardson, TX) GTESS Corporation, a leading provider of business process outsourcing services to the healthcare industry, today announced that it has promoted John McGahey to Senior Vice President and Chief Revenue Officer and Kevin Naughton to Senior Vice President and Chief Financial Officer. Mr. McGahey is responsible for leading all the Company’s sales, account management and business development initiatives. Mr. Naughton is responsible for directing financial plans and programs, supporting strategic and business planning processes, and acting as liaison to current and future shareholders in the financial markets.
“John and Kevin exemplify the type of dedication, commitment and enthusiasm required of highly successful leaders in high-growth companies,” said Deborah M. Gage, GTESS President and CEO. “They have built dedicated and high-performing teams that have had a tremendous impact on GTESS’ strategic and operational initiatives.”
John McGahey
Since joining GTESS in 2002, Mr. McGahey has built the key infrastructure and systems necessary to support and sustain the Company’s double-digit revenue growth, including the development of its direct lead generation function, business development efforts and a world-class account management team. He has built a high-performing direct sales team consisting of deeply experienced healthcare professionals that fully appreciate our client’s needs and strategic initiatives. Prior to joining GTESS, Mr. McGahey held leadership roles within leading healthcare technology companies such as Allscripts Healthcare Solutions, ALM Surgical, Automatic Data Processing and CompHealth-Medimorphus. He has successfully built world-class sales, marketing and business development teams to introduce new technologies and services to the healthcare payer and provider markets, including: clinical claims editing and HIPAA compliance software, ASP solutions and outsourced services. McGahey holds a bachelors degree from Marquette University in Wisconsin, and has published numerous articles on HIPAA technology solutions.
Kevin P. Naughton
Mr. Naughton has led many financial, operational, and strategic initiatives for the Company, including the Company’s first round of venture capital financing (December 2003), the Company’s financial audits, and the re-negotiation and restructuring of the Company’s banking and partner relationships. Prior to joining GTESS in March of 2003, Mr. Naughton was the CFO and COO of Pavilion Technologies in Austin, Texas, a privately held enterprise optimization software company. Prior to that, he was the CFO of S2 Systems in Dallas, Texas, a provider of software services to the financial and healthcare markets and a subsidiary of Stratus Computer Corporation. Early in his career Mr. Naughton held various finance and accounting positions with Stratus Computer and Computervision Corporation. Naughton holds a bachelors degree in accounting and an MBA in finance and marketing from Bentley College in Waltham, Massachusetts.
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GTESS is a provider of business process outsourcing (BPO) 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. Our services include a total pre-adjudication claims processing system of integrated, client-customized applications (the “Claims Gateway Solution”) for claims receipt, verification, data quality improvement, duplicate claim detection, member and provider verification, PPO-Connect™ network management and repricing services, claim routing and tracking, and document management. The Claims Gateway Solution uses business process management (BPM) technologies to create new efficiencies and offer process transparency throughout the claim process. Our ‘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. We deliver higher-quality data and cleaner claims which result in dramatic improvements in turn-around times and processing costs.