TMG Health Receives Ben Franklin Technology Partners of Northeastern Pennsylvania Entrepreneurial Achievement Award
SCRANTON, Pa., May 21 /PRNewswire/ -- The Ben Franklin Technology Partners of Northeastern Pennsylvania announced the winners of the Northeastern Pennsylvania Innovation Awards at the Ben Franklin i xchange on May 20th at the Zoellner Arts Center at Lehigh University. Awards were presented in eight categories to companies or individuals who have achieved business success through Ben Franklin funding and assistance, have helped others to achieve success, or have improved their business through innovation. Each award recipient represented a person or company that exemplified achievement in that particular category. TMG Health won the 2008 Northeastern Pennsylvania Innovation Award for Entrepreneurial Achievement. TMG Health was recognized as the company that best exemplified the quintessential entrepreneurial spirit: a combination of ingenuity, hard work, and innovation that resulted in the creation of a successful and growing business venture. 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 vendor in this field, TMG Health provides operational outsourcing solutions and information systems for health plans, providers and insurers. TMG Health is the most experienced vendor in the market and has the broadest solution set serving over 36 health plans 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. John T. Tighe III is the Founder, President and CEO of TMG Health. TMG Health is located in Scranton, PA. Founded just a decade ago, the company has effectively gained market share and emerged over a six-year period from start-up to a major Scranton employer. Ben Franklin provided seed capital and business support resources to TMG at a critical stage in the company's development. With explosive revenue growth of 500% over the past three years and 859 employees in the Scranton area, TMG Health has generated significant income and jobs in northeastern Pennsylvania. In 2007, TMG was ranked 5th fastest-growing privately held company by Philadelphia 100, 182nd fastest growing company in North America by Deloitte's 2007 Technology Fast 500, and 307th fastest growing company in the 2007 Inc 500. Through exceptional skill in developing and implementing the company's business strategy, Jack Tighe and his team have substantially boosted the information technology sector in northeastern Pennsylvania. For more information, visit http://www.tmghealth.com. About the Ben Franklin Technology Partners of Northeastern Pennsylvania The Ben Franklin Technology Partners of Northeastern Pennsylvania links companies with experts, universities, funding, and other resources to help them prosper through innovation. The Center strategy encompasses three key areas: developing early-stage, technology-based companies; helping established manufacturers creatively apply new technologies and business practices; and promoting an innovative community-wide infrastructure that fosters a favorable business environment for high-growth companies. The northeastern center, headquartered on the campus of Lehigh University with regional offices in Lewisburg, Reading, and Wilkes-Barre, is part of a four-center, state-funded economic development initiative.
Media Contact: Judy Cohen (610) 964-8440 x 203 firstname.lastname@example.org
SOURCE TMG Health
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