Etactics Inc. is quickly sprouting beyond
its roots.
The health care invoice delivery service
outgrew its original Hudson headquarters
and moved to Stow last May. From eight
employees five years ago, Etactics has blossomed four times over. The new facility will
allow several more positions to be added in
the next year, drawing even more employees from outside the county lines.
But Etactics has seen an even more
impressive sales growth under President
Michael P. Teutsch, who started the company in 1999. In the past five years, he has
watched revenue rocket 82 percent, growing by more than $6 million.
Etactics began as a billing service for the
health care market, transmitting medical
claims and insurance payments. The company’s clearinghouse services have since
expanded to cover delivery of other time-sensitive documents, both electronic and
print.
Through the growth, the goal has stayed the
same: to save clients money and worry by
assuring them that their statements and
invoices are being accurately and effectively tracked.
Etactics currently serves a client base of
more than 2,000 — mainly hospitals, physicians and billing services. In yet another limb
of its growth, Etactics expects to process
more than 20 million transactions this year.
The multifaceted growth comes because
the company is not only adding new clients
but also new services. After four years of
development and design, for example,
Etactics released new practice management
software in 2008. More than 80 medical practices are already using the new equipment,
which the company plans to market to an
additional 100 new practices per year.
With its sights on future growth and expansion, Etactics has already established itself as an award-winning business. It previously
received Cascade Capital Business Growth
Awards in 2004 and 2005.
At the head of that growth, Teutsch is also
being honored. In May, he received a
Distinguished Marketing and Sales Award
from the Sales and Marketing Executives of
Cleveland. The DMSA recognizes leadership,
sales and marketing achievements and
strong community and professional development.
Etactics, a growing presence both in Summit
County and beyond, thanks to its electronic
presence, certainly qualifies, as Teutsch continues to develop and expand it.
HOW TO REACH: Etactics Inc., (330) 342-0568 or
www.etacticsinc.com
