Springfield, MO — Inc. 5000 has ranked Group Benefit Services, Inc. (GBS) in the top 50% on their list of “America’s Fastest-Growing Privately Held Companies.” This prestigious list highlights the most successful companies within the American economy’s most dynamic segment – its independent small to midsized companies.
“The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive,” said Eric Schurenberg, Inc. President and Editor-In-Chief. “The founders and CEOs of the Inc. 5000 tell us they think determination, risk taking, and vision were the keys to their success, and I believe them.”
EARNING A RANKING
Established in 1982, the impressive list has become the hallmark of entrepreneurial success and has featured companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, and Zillow. These and many other well-known names have gained their first national exposure as honorees of the Inc. 5000, and GBS is among them.
“Investments in IT enable us to leverage technology to carry heavy workloads and increase capacity while allowing our claims professionals to continue providing direct customer service to our Members,” said James M. Deren, President and CEO of GBS.
MEETING DEMAND WITH TECHNOLOGY
Many Third Party Administrators (TPAs) have struggled to meet the demands of the Affordable Care Act (ACA) – resulting in little to no growth. GBS has shown tremendous advancement despite this new regulatory environment by applying their superior technology and a knowledgeable team.
“Our continued investments in IT infrastructures and sophisticated workflows allow us to streamline all aspects of the administration process for self-funded health plans,” said Deren. “These investments also allow us to maximize and automate robust cost containment savings for our Plan Sponsors.”
GBS focuses on helping clients successfully reach their employee benefit goals while maintaining ACA compliance.
Group Benefit Services, Inc. (GBS) is an insurance claim technology organization headquartered in Springfield, Missouri that has been creating and administering self-funded health plans for 25 years. A high level of flexibility and proven expertise give GBS the ability to accommodate a diverse client base. GBS does this by developing innovative solutions, offering market-competitive pricing, and providing high-quality service that helps every client achieve their individual objectives. These objectives most often include lower healthcare costs, optimal health outcomes, and positive member experience. For more information about GBS, visit www.gbs-tpa.com.