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Press Releases
October 23, 2009Portico Systems Ranked Number 21 on the Deloitte Greater Philadelphia Fast 50
Market Response to Integrated Provider Management Solutions Spurs Number 431 Ranking on the Technology Fast 500™
Portico Systems, the leader in Integrated Provider Management (IPM) solutions, announced today that it has been ranked number 21 on the 2009 Greater Philadelphia Fast 50, Deloitte’s list of 50 of the fastest growing technology, life sciences and cleantech companies in the Greater Philadelphia Region. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004–2008. Portico previously ranked 23 as a Greater Philadelphia Fast 50 award winner in 2008.
Portico Systems has also been ranked number 431 on the Technology Fast 500™, which ranks the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. The company previously ranked 473 as a Technology Fast 500™ award winner for 2008.
“Technology Fast 500™ recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth,” said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. “We congratulate Portico Systems on this accomplishment.”
“With its impressive five-year growth, Portico Systems has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America,” said Mark Jensen, Managing Partner, Technology and Venture Capital Services, Deloitte & Touche LLP. ”Deloitte is proud to honor Portico Systems for its achievement.”
“Our growth is being driven by increasing Integrated Provider Management solution investment by health plans looking to address industry changes in access, quality and payment reform,” stated Ned Moore CEO, Co-Founder and Chairman, Portico Systems. “We’re honored to be recognized by the Technology Fast 500™.”
Portico Systems’ IPM solutions helps health plans reduce medical, administrative and IT costs and improve provider relationships.
About Deloitte
As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
