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Gateway EDI Establishes Independent Board with Industry Veterans
Thursday, November 05, 2009 9:00 AM


Seasoned Executives to Chart Strategic Direction for Leader inSaaS-based Revenue Cycle Management Solutions for U.S. Health CareProviders

Nov. 5, 2009 (Business Wire) -- Gateway EDI, one of the nation’s fastest-growing health care revenue cycle management (RCM) providers, today announced that Ms. Kathleen Earley (former President and COO of TriZetto Group, Inc.), Ms. Peni Garber (Partner, ABRY Partners) and Mr. Harry Totonis (President and CEO, Surescripts) have joined Timothy R. Fogerty, Chairman and CEO, on the company’s Board of Directors. In addition, Mr. Barrett Toan (former Chairman, Express Scripts, Inc.) has been appointed an Advisor to the Board.

“Since 1995, Gateway EDI has provided a suite of RCM solutions to medical providers to help them get paid quickly and accurately for their service. In order to continue to deliver the best value to our customers, I’m delighted to have formalized our Board of Directors with a seasoned team of health care and IT industry veterans,” said Tim Fogerty. “These talented individuals will help shape our strategic direction and product roadmap while furthering our commitment to customer service and support.”

Today’s announcement comes on the heels of several key milestones for Gateway EDI:

  • Gateway EDI now partners with over 350 practice management software vendors, who recommend its solution to health care providers;
  • Over 65,000 health care providers (physicians) use Gateway EDI services today, comprising 14,000 provider offices in all 50 U.S. States: a nearly 50% year-over-year increase from September 2008;
  • In September 2009, over 13 million health care claims and over 1 million checks were processed electronically via Gateway EDI;
  • Gateway EDI successfully introduced a collaborative Reimbursement Manager product, to ensure that a physician’s office is being reimbursed properly;
  • In an industry averaging a 30% claims rejection rate, Gateway EDI has seen robust growth in membership to its 99 Percent Club, which is comprised of clients submitting over 200 claims per month and experiencing an acceptance rate of 99%.

“Gateway EDI is a market leader in the health care clearinghouse space, offering its customers outstanding products and exceptional service. I am delighted to be working with Tim and his team as they continue to help physicians meet reimbursement challenges in this complex health care environment,” said Peni Garber. “ABRY has several portfolio investments in the health care information space, and I look forward to lending my experiences and collaborating with this accomplished Board of Directors.”

The Gateway EDI Board of Directors additions are:

Kathleen Earley, former President and COO, TriZetto Group, Inc.




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