Saturday, December 2, 2006

Plexis Healthcare Systems Named #2 Fastest-Growing Oregon Technology & Software Company

Plexis Healthcare Systems Named #2 Fastest-Growing Oregon Technology & Software Company

Plexis Healthcare Systems Named #2 Fastest-Growing Oregon Technology & Software Company by Portland Business Journal.

Ashland, OR (PRWEB) September 14, 2005 -

– Plexis Healthcare Systems, an innovative provider of healthcare information technology and services, was named the second fastest growing technology and software company in Oregon by the Portland Business Journal for 2005. In 2004, Plexis was ranked the eighth fastest growing technology company in Oregon.

Plexis Healthcare Systems recorded annual revenue growth of 211.75 percent for the period beginning in 2002 through 2004. Growth for Plexis continues to accelerate in 2005, with financial results in the first two quarters of 2005 exceeding sales for all four quarters in 2004.

New Plexis clients in 2005 included VNS Choice, Northwest Primary Care Alliance (NPCA), Optimum Healthcare, Piedmont Health Alliance, The Beacon Insurance Company, Family Medical Health Plan (FMHP), MedeCus, a new Jamaican Health Insurance organization, and Weyco, one of the largest TPAs in Michigan.

In addition to acquiring several new clients, Plexis is also developing “Quantum Choice,” the company’s revolutionary new benefits administration software that will support large healthcare organizations and emerging products, such as consumer-directed healthcare. Quantum Choice is scheduled for release in 2006.

“2004 was a record sales year for Plexis, and 2005 is already our best sales year since the company started in 1996,” said Jorge Yant, Plexis President and CEO. “We’ve signed a number of key clients in the U. S. and in the Caribbean and surpassed our 2004 sales record in the first months of 2005. Our sales performance is a testament to our technology, service and enhanced reputation in the marketplace. With an aggressive research and development program already in place, we expect to increase our market share further in the coming months,” continued Mr. Yant.

About Plexis Healthcare Systems, Inc.

Plexis Healthcare Systems is a leading payer solution and claims processing technology company based in Ashland, Oregon. Plexis has one of the fastest growing claims processing software developers in the healthcare marketplace since 1996. Plexis Healthcare SystemsÂ’ benefit administration tools employ the very latest Microsoft technology and are highly rated by independent healthcare consultants. Plexis software enables healthcare organizations to reduce costs, streamline and automate their claims payment and medical case management requirements, increase profitability, enhance customer satisfaction and expand market share, while helping them meet all current governmental regulations, including HIPAA. For more information, please call toll free (877) 475-3947 or visit http://www. plexisweb. com.

###