How Michael Teutsch and Etactics improve cash flow for customers

Cascade Capital Awards 2013 — Technology Sales Growth winner

Etactics Inc.
Michael P. Teutsch 

If there is one matter that can prey on the minds of business leaders, it’s a bottleneck in the accuracy and delivery of time-sensitive documents, especially invoices. Etactics Inc., launched in 1999, helps eliminate those bottlenecks and helps clients improve cash flow.

In the health care field, where paperwork is growing by leaps and bounds, Etactics’ services include delivering, editing and tracking insurance company invoices and patient statements — clients include hospitals, physicians and billing services.

The company also assists hospitals in managing their charity implementation policy, by providing software solutions that automate tasks that had once been done manually.

On the company website, the customer access and patient access portals are being updated continuously to provide an advanced electronic delivery and online payment system for clients.

During the past year, under Michael P. Teutsch, president and general manager, Etactics processed nearly 31 million transactions on behalf of its more than 2,000 clients. The company measures growth by revenue, profit and number of transactions processed.

Etactics also enhanced its clearinghouse software system last year, enabling the company to provide clearinghouse services for small to midsized hospitals.

But the efforts to grow don’t stop there. The company has enhanced its presence in cloud computing and strengthened its HR functions through its relationship with its professional employer organization.

Since 2008, Etactics has grown its annual revenue by 39 percent and its employee base by 61 percent. The company employs 36 full-time and eight part-time employees. It also expects to hire two to three full-time employees in the next several months. ●

 

How to reach: Etactics Inc., (330) 342-0568 or
www.etacticsinc.com

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