Navicure Debuts On Healthcare Informatics 100

ATLANTA--Navicure, a leading Internet-based medical claims clearinghouse for physician practices, today announced it has been named the United States’ 76th largest healthcare information technology (HIT) company in its first nomination to the annual Healthcare Informatics 100 survey. Now in its 16th year, the HCI 100 ranks both public and private HIT companies based on annual revenue. Over the past two years, Navicure has more than doubled its revenue.

“Since our founding in 2001, our mission has been to provide industry-leading technology and client service that helps physician practices simplify account receivables management and increase profitability,” said Jim Denny, founder, president and CEO of Navicure. “Our continued growth, combined with 97 percent client retention over this eight year period, demonstrates that we are helping practices achieve these benefits. We thank our clients, employees and partners for their loyalty, and for making recognitions like these possible.”

KLAS, the leading source of information on healthcare information technology vendor performance, named Navicure “Best in KLAS” for the clearinghouse services market segment as part of its 2008 Top 20 Best in KLAS Awards year-end report. KLAS evaluations focused on comparing the features and functionally of eleven professional service vendors, and Navicure’s overall score of 92.5 out of 100 was the highest score among all vendors rated. In addition, 98 percent of clients said they would buy Navicure again and, on a scale of 1-9, Navicure received an 8.25 from respondents for getting their Money’s Worth from their services and an 8.18 for their Real Problem Resolution—the highest score amongst all vendors in this category.

About Navicure
Navicure is a leading Internet-based medical claims clearinghouse that helps physician practices increase profitability through improved claims reimbursement and staff productivity. Serving over 15,000 physicians in practices nationwide, Navicure’s solutions automate account receivables processes, including primary and secondary claims reimbursement; patient eligibility verification; rejected and denied claims management; electronic remittance and posting; claims and remittance reporting and analysis; and patient statement processing. Navicure’s solution is supported by its unique 3 Ring™ Client Service. Navicure was ranked #1 in the KLAS 2008 Ambulatory EDI Claims Clearinghouse Report and named “Best in KLAS” for the clearinghouse services market segment as part of the 2008 Top 20 Best in KLAS Awards report. Navicure has ranked among the fastest growing companies nationally in the 2007 and 2008 Deloitte Fast 500 rankings, and 2008 Inc. 5000. For more information, please visit www.navicure.com.

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