TMG Health Names New Chief Information Officer

Jun 09, 2008, 01:00 ET from TMG Health

    KING OF PRUSSIA, Pa., June 9 /PRNewswire/ -- TMG Health, the leading
 national provider of Business Process Outsourcing (BPO) services for
 Medicare and Medicaid managed care plans, is pleased to announce the
 appointment of Dr. Bob Masterson as Chief Information Officer for TMG
 Health. Masterson will serve as a member of TMG Health's executive staff
 and assume responsibility for defining the information technology direction
 for the organization. In this role, he will provide leadership in systems
 development, telecommunications, applied technology, technical services,
 data center operations, office services and strategic companywide and
 business-unit decisions involving information technology. Masterson will be
 responsible for creating a seamless information technology function with
 operations spread out over multiple geographic locations.
     Masterson brings to TMG Health over twenty five years of experience as
 Chief Information Officer, Chief Technical Officer, Head of IT
 Infrastructure, Head of IT Strategy, and Head of IT Operations for the
 insurance, healthcare, managed care, long term care, medical benefits, and
 group healthcare businesses of major Fortune 100 Companies.
     Jack Tighe, CEO and President of TMG Health, stated that Masterson
 "will play an integral strategic role in the continued growth and success
 of TMG Health. Because of his extensive experience in both the health care
 and financial services markets he will bring a unique and innovative view
 to how we manage our IT operations and application services in support of
 our growing and sophisticated client base. We are delighted to have him
 join our team."
     For six years prior to joining TMG Health, Dr. Masterson held a variety
 of key executive, management consulting, and management positions with
 CitiGroup including Head of Technology for the North American Operations of
 CitiBank, the world's largest bank, Head of Architecture and Data Warehouse
 Development for the North American Retail Business of CitiGroup, Head of
 Transaction Systems Development, and most recently, the position of Vice
 President of IT -- for its Healthcare Systems (functional CIO) where he was
 responsible for managing all IT healthcare functions and operations for the
 Global Consumer Business. He was responsible for working with various
 managed care providers to define company, individual, and group health and
 benefit plans and integrate the providers IT systems with those used within
 CitiGroup. He designed, built, and operated a company IT Infrastructure and
 healthcare website to manage all healthcare functions within the firm,
 submit claims, select coverage limits and plans, manage employee flexible
 spending accounts, and exchange claim and customer data with contracted
     Other distinguished positions include Chief Information Officer of the
 Highlands Insurance Group (An AIG Affiliate Company), CTO, Divisional CIO,
 and VP of Operations of American International Group (AIG), New York, NY,
 President and Practice Head of Genesis Associates, Head of Systems
 Development at TRW Financial Systems, (Sister Company of TIBCO), Chief
 Information Officer of Quest Vision Systems, Inc., and Director of
 Information Technology at Scientific Calculations, Inc.
     Masterson holds a Ph.D. in Engineering from M.I.T. (1977), a M.S. in
 Engineering from M.I.T. (1974), a B.S. in Physics from Notre Dame (1972),
 and was admitted to the Harvard Business School MBA program (1974).
     About TMG Health
     TMG Health is a technology-enabled, Business Process Outsourcing (BPO)
 services firm providing a variety of administrative services to the
 Medicare and Medicaid health plan markets. As the leading and most
 experienced vendor in this field, TMG Health provides operational
 outsourcing solutions and information systems for over 36 health plans,
 providers and insurers in all 50 states. TMG Health's client base consists
 of one of the nation's largest PBMs for Part D administration insurance
 carriers, 14 Blue Cross and Blue Shield plans, several national start-up
 PFFS plans for individuals and group retirees, and the fastest growing PFFS
 plan and the fastest growing Special Needs Plan (SNP) in the nation. TMG
 Health serves over 1.5 million Medicare and Medicaid members. Benefits of
 partnering with TMG Health include state of the art systems, rapid
 implementations, reduced capital costs, fixed operational costs and proven
 regulatory compliance.
     TMG Health is a privately held corporation located in suburban
 Philadelphia with a National Operations Center in northeastern
 Pennsylvania. For more information, please visit
Media Contact: Judy Cohen (610) 964-8440 x203