Passport Health Careers Company Timeline

Company Timeline

	2009 Scott MacKenzie Named New Chief Executive Officer; Jim Lackey to Remain Chairman of the Board Awarded Best in Business for companies with 101-500 employees by Nashville Business Journal
	2008 Made fourth acquisition – Nebo Systems, Inc., Oakbrook Terrace, Ill. and its claims outsourcing subsidiary, Cosand Group, Springfield, Ill. Received $232 million investment from Spectrum Equity Investors, Boston, Great Hill Partners, Boston, Primus Capital Funds, Cleveland, Goldman Sachs Specialty Lending Group, New York, and Ares Capital Corporation, Los Angeles. The transaction provided liquidity to long-term venture capital and angel investors.
	2007 Processed 100 million transactions in one year for the first time
	June 2007 Named as one of Healthcare Informatics Top 100 health care technology companies by revenue
	June 2006 Named as one of Healthcare Informatics Top 100 Health Care Companies
	May 2006 Received Business TN Top Employers award
	April 2006 Completed $70 million Leveraged Recapitalization
	March 2006 Launched Passport IntelliSource^®, a real-time, integrated product to automate services
	March 2006 Processing over 75 million transactions annually
	July 2005 Named as one of Healthcare Informatics Top 100 Health Care Companies
	May 2005 Acquired Healthworks Alliance, Inc.^® in King of Prussia, Pa. and its medical necessity software (Compliance Checker™ All Payer and Pre-submission Compliance Analyzer)
	October 2004 Named #120 on Inc. 500’s Fastest Growing Private Companies
	April 2004 Acquired ProServices, Inc.^® in Milwaukee, Wis. and its PHeDI software (renamed ClaimSource)
	April 2002 Second venture capital investment by CB Health Ventures of New York
	June 2001 Purchased Medicheck Services, Inc.^® located in Los Angeles, Calif. and its point-of-service eligibility credit card software
	October 1999 Initial venture capital investment by Dauphin Capital of New York
	June 1999 Moved to new offices in Franklin, Tenn.
	June 1998 Incorporated as Passport Health Communications, Inc.^®
	June 1997 Processed 92 transactions on Passport OneSource^®
	March 1996 Launched company as InterMed, LLC. Original angel investment by S. Douglas Smith and ELI. Built websites for physicians, hospitals and payers