Payerpath Named to 2005 Inc. 500

Company ranks 284th in list of America's fastest growing private companies

"This is an incredible honor for our company, one that really recognizes our employees' hard work and dedication," said Jim Brady, CEO and president for Payerpath. "Through their efforts, we have grown from a small company with a unique idea to one that today processes more Web-based healthcare transactions than any other vendor in the United States."

To be eligible for this year's Inc. 500, companies had to be U.S.-based, independent and privately held through their fiscal year 2004, and have had at least $500,000 in net sales in the base year of 2001. In addition, their 2004 sales had to exceed 2003 sales.

Over the years, the Inc. 500 has identified the next generation of world-class companies, with Microsoft, Stonyfield Farms, Timberland, Oracle, The Princeton Review, Morningstar, Jamba Juice, Gateway, E*Trade, Intuit and Domino's Pizza all appearing on the list before they became industry powerhouses.

About Payerpath
Payerpath is a provider of Internet-based financial management software applications and related services for healthcare providers, hospitals and payers. The company's comprehensive suite of applications, led by Payerpath Claims Management, address all steps in the reimbursement cycle—from verifying patient eligibility and correcting inaccurate claims to managing remittance and generating secondary billing. Consequently, providers are able to reduce administrative costs and eliminate payment delays for healthcare services resulting from claims denials. For more information, visit www.payerpath.com.

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