Gould & Lamb LLC was named one of the country's fastest growing privately held companies two years ago.
Gould & Lamb ranked 126th on Inc. Magazine's 2006 "Inc. 500" list of fastest growing companies based on its three-year revenue growth of 788.2 percent.
And the processor of Medicare and insurance settlement claims seems on track to meet its goal to exceed $80 million in annual revenues by 2010, said Chief Executive Officer John Williams.
Currently, the firm, with 277 employees in 31 states, is generating $40 million in annual revenues, Williams said.
The company, founded in 1999 by Michael Gould and Janice Lamb Gould with $12,000 in retirement funds, acts as an objective third party in insurance and Medicare settlements, Williams explained.
"We project medical costs in the future on workers compensation and liability cases," Williams said. "We help insurance companies project what their future exposure is on those cases. What it does is give the insurance companies the right number. They're not settling for too much, they're not settling for too little. They're paying the right amount."
Gould & Lamb derives its revenues by billing flat-rate fees for the services it provides, Williams said.
In arriving at its projections, Gould & Lamb draws on a large field of experts, including doctors, nurses, pharmacists and medical billing review specialists.
In 2004, Gould & Lamb won an Industry of the Year Award from the Economic Development Council of the Manatee Chamber of Commerce for companies with fewer than 100 employees.
E-Mail
Print
Quick Job Search
@Nyx.replyAnswerText@