2004. GTESS grew 275 percent during this period.

GTESS CEO and President, Deborah M. Gage, credits increased market demand, continual product innovation and growth of our team as the means to achieve such success.“Our investment focus has been on highly-skilled resources and advanced technologies to develop BPO and ASP-based applications for streamlined claims processing,” said Gage. “We’ve combined web-based tools with our powerful core technologies to give our clients visibility to — and control over — the complex claims-handling process. Of course, by choosing these outsourced services, clients avoid capital investments for infrastructure and the challenges of systems integration and maintenance.”

Gage adds, “Using GTESS technology solutions, our clients experience an average ROI of approximately $2.55 per claim with improved quality and increased efficiency.”

GTESS chose to invest in a technology solution — as opposed to using less productive and error-prone human labor (“labor arbitrage”) — to solve the problem of expensive, manual, error-ridden health claims that have plagued the US healthcare industry. “We knew that the enduring competitive advantage for benefit administrators and health plans was based in technology — not cheaper labor,” said Gage. “We have consistently engineered automation into every part of the claims payment process so that our clients can outperform their competitors and offer the highest-quality service to their customers.”

GTESS moved up from its previous rank of 495 on 2004 Deloitte Technology Fast 500.

In addition to ranking on Deloitte’s Technology Fast 500, GTESS ranked 39 on the Texas Technology Fast 50, which is a statewide ranking of the 50 fastest-growing technology firms.

The Fast 500 list is compiled from Deloitte’s 15 regional North American Fast 50 lists, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 2000 operating revenues of at least $50,000 USD or $75,000 CD for the United States and Canada, respectively, and 2004 operating revenues of at least $1 million USD or CD.

Entrants must be headquartered in North America and must be a “technology company,” defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify.

About GTESS GTESS Corporation provides customers with a total pre-adjudication medical claims processing solution called the Claims Gateway Solution — a single portal access to a suite of five integrated, client-customized software modules for EDI receipt, data conversion, claim cleaning, network management / repricing, claim edit resolution 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.