Franklin, TN
For the third consecutive year Passport is ranked in the Inc. 5000 annual list of the fastest-growing private companies in America.
Passport is 2394 on the 2009 list by Inc. magazine, which creates rankings based on revenue growth during the most recent three-year period and publishes the list as a representation of the most successful businesses in the U.S.
Passport’s recent revenue growth, fueled in large part by its acquisition of Nebo Systems last year, earned it a boost from its position of 2860 in the 2008 Inc. 5000.
Passport ranked 2653 in the inaugural Inc. 5000 list, published in 2007. The company also earned a position of 120 on the 2004 Inc. 500.
Passport is a health care information technology and services organization headquartered in Franklin, Tenn. The Passport family of companies sells administrative, clinical and financial tools to help health care providers determine eligibility and payment and get paid faster. Its products and services are used by approximately one-third of all U.S. hospitals and more than 5,000 other health care provider facilities in all 50 states. For more information, visit www.passporthealth.com.
Spectrum Equity Investors is a private equity firm focused on investing in profitable, growing services businesses. Founded in 1994 with offices in Boston and California, Spectrum manages over US$4 billion in capital across five funds. Spectrum invests behind strong management teams and provides active board-level assistance to help create and realize value. Spectrum has been an active investor in online and electronic information service providers such as RiskMetrics Group (NYSE: RMG), World-Check, Seisint, Ancestry.com, iPay Technologies, Passport Health Communications and SurveyMonkey.