August 8, 2011
GREENWICH, CT and INDIANAPOLIS, IN – Health Systems International (“HSI”), a global provider of outsourced medical cost management solutions, has just received recognition in the Indianapolis Business Journal’s Fastest Growing Indianapolis-Area Private Companies. Health Systems International’s solutions include advanced healthcare cost-management technology and business solutions that are customized to meet specific industry needs in the Commercial Health, Property and Casualty, Maritime and International Payor markets.
“Our continued growth affirms that we successfully execute our vision of connecting clients to the lowest possible cost of care utilizing advanced technology, customized solutions, exclusive offerings and personalized service to drive optimal healthcare claim savings and reduce administrative demands,” said Anthony Browne, President and Chief Operating Officer, “ We have grown significantly in the past few years by assembling the market’s broadest selection of medical cost management solutions available through a single source.”
Russell Sherlock, CEO of Health Systems International added, “In addition to our organic growth strategy, we continue our focus on strategic acquisitions that will enhance our comprehensive cost management solutions. In the future, we will continue to build and acquire platforms and solutions that drive the lowest possible healthcare cost.”
Jeffrey R. Jay, MD, Managing Director of Great Point Partners stated, “HSI has grown into a national powerhouse in medical cost management. Their three year revenue growth rate of 54% is outstanding.” Noah Rhodes also of Great Point Partners’ private equity team and a member of HSI’s Board of Directors added, “HSI continues to invest in better technology and services for its clients and we expect this investment will continue to drive rapid growth.
Headquartered in Indianapolis, Indiana, HSI is a leading provider of outsourced medical cost management solutions. HSI is backed by Great Point Partners, LLC, a private investment firm focused on medical and health care information services companies. Since 1987, HSI has utilized proprietary technology, experienced staff medical discount services to relieve clients’ administrative burdens and achieve the lowest possible cost of medical care. Visit www.gppfunds.com.
This document is intended solely to provide information regarding Great Point Partners’ potential financing capabilities for prospective portfolio companies.