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.
(610) 964-8440 x 203
SOURCE TMG Health