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Portico Systems Wins Inc. 5000 Recognition for 2nd Year in a Row


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© Business Wire 2008
2008-09-17 17:26:12 -

www.porticosys.com - Media Contact for Portico Systems Corporate Ink George Robertson, 617-969-9192 grobertson@corporateink.com or Business Development Contact: Portico Systems Christopher Jones, 215-358-3723 Director of Business Development Email: cjones@porticosys.com or Corporate Contact: Portico Systems Allison Lattanze, 215-358-3726 Director of Marketing Email: alattanze@porticosys.com Inc. Magazine named Portico Systems to its list of

5,000 fastest-growing companies in the country. Portico, widely recognized for its Integrated Provider Management approach, was named one of the top 70 companies in the greater Philadelphia region.

Portico, which is transforming how health insurance companies manage their relationships with doctors and hospitals, also won the award in 2007. With 163 percent growth, it ranks 157 among software companies.

In this year's ranking, Inc. highlighted the growing trend of using integrated software to drive collaboration among the key stakeholders in healthcare. The profile notes that "health-care provider networks are increasingly turning to computer systems to achieve efficiencies."

Portico Systems helps plans reduce administrative and medical costs and strengthen relationships with providers by improving every aspect of provider network management.

"Consumers and employers are demanding more from health care," said Ned Moore, CEO of Portico Systems, who was recently nominated for technology CEO of the year by the Eastern Technology Council. "We help insurers provide better quality - at a lower cost - which is critical to improving our overall healthcare system."

The Inc. 5000 is ranked according to percentage growth from 2004 through 2007. The 5,000 companies that made the list have a collective revenue totaling $185 billion and a median three-year growth of 147 percent. Inc. magazine's profile of Portico System can be found at www.inc.com/inc5000/2008/company-profile.html?id=200822550

About Portico Systems

Portico Systems (www.porticosys.com), the leader in Integrated Provider Management, offers health plans software and services that automate and streamline provider network processes while accelerating new revenue streams, enhancing employee effectiveness and optimizing provider relationships. Portico Systems is a partner company of Safeguard Scientifics, Inc. (NYSE: SFE) www.safeguard.com.

About Inc.com

Inc.com, the daily resource for entrepreneurs, delivers how-to guides, advice, tools, breaking news, and rich multi-media to help business owners and CEOs start, run, and grow their businesses. Inc.com offers dynamic marketing solutions to help advertisers effectively reach Inc.com's audience of business leaders. Visit www.inc.com.

One of Philadelphia's Fastest-Growing Companies


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