Portico Systems Named to the Philadelphia 100 List

Healthcare IT Adoption and Reform Legislation Fuel Ongoing Performance

PHILADELPHIA--(BUSINESS WIRE)-- Portico Systems, the leader in Integrated Provider Management (IPM) solutions, announced today that it has been ranked number 66 on the 2010 Philadelphia 100® list of the fastest growing, privately held companies in the Philadelphia region. Portico Systems has appeared on the Philadelphia 100 list seven times and was inducted into the hall of fame in 2007.

Portico develops enterprise, Integrated Provider Management software and service solutions for health plans. Portico’s software solutions enable insurers to design, build, service, collaborate, reimburse and monitor the performance of its provider networks of physicians, hospitals and clinics. Portico’s core technology components of workflow automation, rules orchestration and interoperability streamline this chain of events between health plans and providers to reduce the administrative burden on the providers, while reducing the operational and medical costs to health plans. All of these capabilities are extremely important to the improvement of our overall healthcare system, and are in line with many of the mandates of healthcare reform bills passed this year.

“The healthcare market is dealing with one of the greatest challenges of our time with the passing of the Patient Protection and Affordable Care Act,” said Ned Moore, CEO, Co-founder and Chairman of Portico Systems. “We continue to build innovative, Integrated Provider Management solutions that our customers need in order comply with the mandates of the act – increasing access, lowering costs and improving patient outcomes via collaboration. I can’t thank our customers and the Portico Team enough for allowing us to be part of this journey.”

For more information on Portico, please visit www.porticosys.com, subscribe to the RSS feed at http://blog.porticosys.com, and follow the company on Twitter at @porticosys and Facebook at http://www.Facebook.com/porticosys.

About Portico Systems

Portico Systems' innovative solutions enable health plans to reduce administrative, medical and IT costs. Portico's exclusive focus on provider operations and 500+ staff-years of provider experience has allowed Portico to design the only modular end-to-end provider platform. Portico, invites you to explore our website (www.porticosys.com) to learn how our commitment to customer service, quality and technology innovation can accelerate the evolution of your health plan's provider operations. Portico Systems is a partner company of Safeguard Scientifics, Inc. (NYSE: SFE) www.safeguard.com.



CONTACT:

Media Contact for Portico Systems:
Corporate Ink
George Robertson
617-969-9192
[email protected]
or
Corporate Contact:
Portico Systems
Allison Lattanze
Director of Marketing Communications
215-358-3726
[email protected]
or
Business Development Contact:
Portico Systems
Jim Mayhall
Vice President of Business Development
215-358-3731
[email protected]

KEYWORDS:   United States  North America  Pennsylvania

INDUSTRY KEYWORDS:   Technology  Data Management  Software  Health  Professional Services  Insurance  General Health  Managed Care

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