News for 'SFE' - (Five Consecutive Years of Growth for Portico Systems
Integrated Provider Management Solutions Position Health Plans for Competitive
Advantage in a Post-reform Market)
PHILADELPHIA, Jan 20, 2010 (BUSINESS WIRE) -- Portico Systems, the leader in
Integrated Provider Management (IPM) solutions, reports the fifth consecutive
year of double digit growth in 2009 as it expands its market presence by helping
health insurance companies achieve greater efficiency, administrative cost
savings and improved provider relationships. Portico increased its client base
to 35+ healthcare companies and has a strong pipeline to drive continued growth
throughout 2010.
The growth is attributed to the increasing number of health plans investing in
IPM solutions as well as several strategic investments in advanced provider
contract management and reimbursement solutions that address impending changes
in the healthcare market such as 5010 and healthcare reform.
"The health insurance industry can look to Portico's substantial assets to
capitalize in the post reform world," said Ned Moore, CEO, Co-founder and
Chairman of the Board of Portico Systems. "We offer key building blocks that
enable greater flexibility with provider networks so plans can create
competitive products and reimburse providers based on the performance and
quality of the services provided to their members. That is how plans will thrive
in the changing healthcare market."
Portico Systems has several open positions; please visit
www.porticosys.com/porticosys/career_opportunities to learn more.
About Portico Systems
Portico Systems (www.porticosys.com) offers the leading Integrated Provider
Management solution for health plans. Our modular end-to-end IPM platform is the
result of our exclusive focus on provider management and extensive provider
network experience. Portico's platform is used by health plans to reduce
administrative, medical and IT costs through automating all provider processes
and interactions. Portico also delivers higher levels of provider satisfaction
and member loyalty through the improvement of a health plan's provider
operations. Portico Systems is a partner company of Safeguard Scientifics, Inc.
(NYSE:SFE) www.safeguard.com.
SOURCE: Portico Systems
“Those who don't know history are destined to repeat it.”
Edmund Burke (British Statesman and Philosopher, 1729-1797
