Healthcare Tech Company, Portico Systems, Ranked #5 in 2010 List of Software Developers

BLUE BELL, PA, October 17, 2010 (Press-News.org) Portico Systems, the leader in Integrated Provider Management (IPM) solutions, has been ranked by Philadelphia Business Journal's 2010 list of Software Developers. Portico is ranked fifth out of 23 companies that participated in the survey. The consistent recognition is evidence that Portico continues to develop healthcare IT solutions to meet the demands of healthcare reform mandates, and invest in the Philadelphia software developer community.

Portico develops enterprise, Integrated Provider Management software and service solutions for health plans and insurers. Portico's software solutions enable health plans and insurers to design, build, service, collaborate, reimburse and monitor the performance of its provider networks of physicians, hospital and clinics. Portico's core technology components of workflow automation, rules orchestration and interoperability streamline this chain of events between health plans and providers to reduce the administrative burden on the providers, while reducing the operational and medical costs to health plans. All of these capabilities are extremely important to the improvement of our overall healthcare system, and are in line with many of the mandates of healthcare reform bills passed this year.

"It's great to be recognized by the local community for the fourth consecutive year," said Scott Fraser, Chief Technology Officer and Co-Founder of Portico Systems. "Where else can you work with one of the most amazing technology teams in the Philly region, and make a positive impact on one of the greatest challenges of our time - healthcare reform. It never gets boring at Portico - we were the first at many of our customer sites to apply workflow automation, in-memory databases, Extreme Transaction Processing (XTP), service based architectures, virtualization, and a fully configurable polyglot-platform approach to IPM that supports deployment into Amazon's EC2 as a cloud-based Platform as a Service (PaaS)."

About Portico Systems

Portico Systems delivers innovative technology solutions which enable health plans to reduce administrative, medical and IT costs. Portico's exclusive focus on provider operations and 500+ staff-years of provider experience has allowed Portico to design the only modular end-to-end provider platform. Portico invites you to explore its website at http://www.porticosys.com, and follow its blog at http://info.porticosys.com, and Twitter at @PorticoSys to learn how our commitment to customer service, quality and technology innovation can accelerate the evolution of your health plan's provider operations. Portico Systems is a partner company of Safeguard Scientifics, Inc. (NYSE: SFE) http://www.safeguard.com.