May 19, 2013 3:39 PM ET

Health Care Technology

Company Overview of GTESS Corporation

Company Overview

GTESS Corporation provides software as a service for automating healthcare claims processing. It offers The GTESS System, a suite of integrated client-customized software applications that automate stages of processing to complete data conversion, claim cleaning, and claim edit resolution while providing transparent integration of data back to the client environment. The company also provides mailroom, exception processing, and clearinghouse integration services. It serves health plans, benefit administrators, and networks. The company was founded in 1990 and is based in Richardson, Texas. As per the transaction announced on June 19, 2012, GTESS Corporation operates as a subsidiary of BancTe...

Detailed Description

2435 North Central Expressway

Suite 500

Richardson, TX 75080

United States

Founded in 1990

Phone:

972-792-5500

Fax:

972-234-5763

www.gtess.com

Key Executives for GTESS Corporation

Chairman and Chief Executive Officer
Age: 60
Founder
Managing General Partner and Director
Age: 62
Chief Financial Officer and Senior Vice President
Chief Operating Officer and Executive Vice President
Compensation as of Fiscal Year 2012.

GTESS Corporation Key Developments

GTESS Corporation Helps Nova Healthcare Administrators with Claims Processing Automation
Nov 15 11

GTESS Corporation announced that it has completed the implementation of services to Nova Healthcare Administrators Inc. Nova Healthcare Administrators will use the company' automated pre-adjudication technology to improve workflow processes and drive enhanced claim handling automation.

GTESS Corporation Launches Advanced Claim Validation Technology
May 31 11

GTESS Corporation announced the availability of a new technology for its payer clients using The GTESS System(TM) for claim cleaning and validation. This technology, Advanced Claim Validation (ACV), was developed by GTESS engineers to facilitate data verification through automated problem diagnosis and resolution recommendations, based upon a client's specific historical claim patterns. GTESS is demonstrating this technology at AHIP's 'Institute 2011,' healthcare's annual industry conference, June 15, 2011 - June 17, 2011. GTESS' Advanced Claim Validation technology combines standard business rules with 29 different industry data sources and details of a client's past claim history to create customized instructions for each claim, identifying and flagging issues and potential resolutions for handling by GTESS data verification personnel. By automatically reviewing a client's past claim histories, Advanced Claim Validation is able to offer accurate correction suggestions to data verification teams, ensuring that each claim is handled as quickly and efficiently as possible, while customizing the issue review process for each client.

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Recent Private Companies Transactions

Type
Date		 Target
Merger/Acquisition
June 19, 2012 		--
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