September 01, 2014 11:26 PM ET

Health Care Technology

Company Overview of Passport Health Communications Inc.

Company Overview

Passport Health Communications Inc. provides software and solutions to help hospitals and health care providers improve business operations and secure payment for their services. The company offers eCare patient access suite, including solutions for orders, scheduling, patient demographic and insurance verification, compliance, and managing patient payments. It also provides OrderChecker that validates outpatient diagnosis and procedure codes to ensure compliance with payer-specific reimbursement requirements; and claims management solutions and services. In addition, it offers Web based solutions for patient portal, surgery management, bed management, and patient transport; and solutions fo...

720 Cool Springs Boulevard

Suite 200

Franklin, TN 37067

United States

Founded in 1996

Phone:

615-661-5657

Fax:

615-376-3552

Key Executives for Passport Health Communications Inc.

President and Director
Executive Vice President of Finance & Business Development
Chief Accounting Officer and Vice President of Finance
Vice President and General Counsel
Senior Vice President of Revenue Cycle Solutions
Compensation as of Fiscal Year 2014.

Passport Health Communications Inc. Key Developments

Hospital Sisters Health System Chooses Passport for Strategic Revenue Cycle Management Solutions

Passport announced a significant revenue cycle partnership with Hospital Sisters Health System. The company will deliver technology solutions and services to help HSHS manage the revenue flow in 14 hospitals and an expansive network of affiliated facilities across Illinois and Wisconsin. The company's solutions will help HSHS fulfill its mission of community service and vision of being a unique, high quality health system providing exceptional care through modern best practices. HSHS will use Passport eCare(TM) NEXT as the single user interface to drive an automated, error-free revenue cycle workflow across the entire organization.

Passport Health Communications, Inc. Provides Revenue Guidance for the Year Ending December 1, 2013

Passport Health Communications, Inc. provided revenue guidance for the year ending December 1, 2013. For the period, the company expects to generate revenue of $121 million, representing organic growth of 23%, and EBIT of $30 million.

Passport Announces Strategic Contract with Aegis Sciences Corporation

Aegis Sciences Corporation has selected Passport to help transform how it processes patient testing information and accepts payment. Aegis will use Passport's OrderSmart and PaymentSafe solutions to automate transactions between its central business office and more than 200 locations across the U.S., eliminating manual processes and creating a faster, more efficient, and more accurate workflow. Aegis is a full-service forensic toxicology and healthcare sciences company, providing drug testing and consulting services to physicians, healthcare organizations, and many other businesses throughout the U.S. and the world. The company operates in more than 40 states. Aegis will use Passport OrderSmart and PaymentSafe to automate very manual, labor-intensive and inefficient processes, and give field staff the ability to collect payments up front. With Passport's OrderSmart, all orders and patient documents will flow automatically to the appropriate internal systems, streamlining the process and creating better coordination among field staff and the business office. Technicians will place orders from any location in the field using their tablet devices, enter patient data once, and it will be immediately available to business office staff. The solution will also automatically verify patient insurance eligibility up front, prior to specimen collection.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 6, 2013
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