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FRANKLIN,
Tennessee - Passport Health Communications, Inc., one of the nation’s
leading healthcare information technology companies, reports average revenue
growth of 253% per year over the last four years, leading to its position as
120th on Inc. 500’s list of fastest growing private companies. Inc. Magazine
released this announcement in its 23rd annual Inc. 500 ranking.
“This recognition from Inc. Magazine is a reflection of the years of work
Passport has put into not only developing superior products but also
delivering and servicing them in a way that exceeds our customers’
expectations,” stated
Jim Lackey, President and CEO of Passport.
“Over the past four years Passport has added new products such as
credit
card processing over the Internet, e-checking for electronic payments with
checks as well as adding the full functionality of electronic claims
submission and management. Our growth has come from a combination of
delivering the products our customers want with the service they expect,”
Lackey said.
“The customer base that we have developed is primarily made up of hospitals
and larger physician groups,” Bob Brown, CFO of Passport commented. “These
healthcare organizations, totaling over 1,200 hospitals and 1500 large
physician groups in 42 states, are interested in solutions that help manage
the complexities of healthcare administration. We started the company with a
medical eligibility verification product
and now have a broad product suite
that includes products that bring value throughout the revenue cycle. We
believe there is continued opportunity to bring new solutions and value to
healthcare providers in the near future.”
About Passport Health
Communications, Inc.
Passport Health
Communications, Inc., based in Franklin, Tennessee, is focused on delivery
of innovative technology solutions to assist health care providers in
maximizing their revenue cycle performance. Passport offers real time access
to data and proprietary technology essential for accurate patient
registration, billing, collections, and self- pay reimbursement. These
financial and administrative tools help to reduce claim denials and improve
cash flow. The company offers health care providers insurance information on
more than 175 million covered lives, including access to Medicaid and
Medicare in most states. Passport has a client base of approximately 1,200
hospitals and over 1,500 large physician groups and other healthcare
entities across the US. Services are provided through a real-time browser,
electronic batch, point of service terminal or integrated within the
providers health information system. |
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