Company Research Report: Global Excel Management Inc.

Company Overview

Name and Mission of the Company

• Company Name: Global Excel Management Inc.

• Mission: To provide professional, compassionate, and personal services related to cost containment, claims management, medical assistance, and directional care to international, Canadian, and U.S. domestic clients.

Founding Information

• Founded in: 1984

• Founders: Originally part of Expert Travel Financial Security Inc. (etfs)

Key People in the Company

• CEO & Executive Chairman: Reg Allatt

• Chairman Emeritus: Steve Allatt

• Contributor: John Spears

Headquarters

• Location: Sherbrooke, Quebec, Canada

Organizational Details

• Number of Employees: Approximately 1500 employees across 9 countries

• Revenue: $1.95 billion USD in billed charges annually

• Reputation: Known as a leader in cost containment, claims management, and medical assistance services.

Products

Range of Products

1. StandbyMD

• Description: A worldwide on-demand directional care program for outpatient services with a unique risk management algorithm.

• Key Features: Reduces potential costs by referring patients to appropriate services other than ER where possible.

2. X-Routing

• Description: A bill editing tool that identifies billing errors to generate savings.

• Key Features: Uses risk profiling and comparisons to different benchmarks to ensure cost efficiency.

3. Complex Claims Unit (CCU)

• Description: Provides management of catastrophic claims for both international and U.S. domestic entities.

• Key Features: Includes certified coding experts, Registered Nurses, Physicians, legal counsel, and negotiators to manage challenging claims.

4. GEM Clinical™ and GEM Clinical Xpress™

• Description: Offers support for large cases in the U.S. while allowing clients to maintain control over patient interactions.

• Key Features: Provides medical recommendations and cost-benefit analyses for treatment options.

5. GEMGuide

• Description: A directional tool for accessing network provider listings.

• Key Features: Offers provider searches, accurate mapping, and directions.

Recent Developments

Key Activities

• Global Conferences Participation:

• Contributed to discussions at the IPMI Global Round Table on Medical & Travel Strategies 2024.

• Engaged with audiences at the Uniglobal GHIC event and THIA 2024.

• Participated in the SYNChealth 2024 symposium.

• Leadership Changes:

• March 26, 2024, saw Reg Allatt transition to a new role as Executive Chairman.

• Growth and Strategy Enhancements:

• Initiated the first-ever Latam Client Webinar and hosted a client symposium.

New Products and Features

• No new products were launched during the provided period.

New Partnerships

• Global Excel collaborated with Flightcare Global at the Aviation Health Conference, showing interest in expanding partnerships further within the field of aviation medicine.

Conclusion

This business report outlines the foundational data available about Global Excel Management Inc., highlighting its significant market presence, innovative product offerings, and recent developments within the organization. As a global leader specializing in claims management and medical assistance, Global Excel remains focused on enhancing client experiences through continuous innovation and strategic partnerships.