Apr 2009

New Chief Executive Officer Named at Passport Health

Franklin, TN - Former McKesson Executive Scott MacKenzie Tapped for Top Spot; CEO Lackey to Remain Chairman of the Board

Health care revenue cycle management firm Passport Health Communications, Inc. has named Scott MacKenzie, previously with McKesson Corporation, to succeed Jim Lackey as chief executive officer. Lackey will remain chairman of the board of directors.

"When we recapitalized the company last year, I informed the new owners and management team that I wanted to begin a succession plan to bring in a new CEO," said Lackey. "The timing is right for me personally and for the business to have a new leader at the helm, and Scott is the right person. He has proven himself to be a terrific leader throughout his career in health care information technology and I am certain he will lead Passport effectively in our next phase of growth."

MacKenzie since 2005 was president of RelayHealth Pharmacy Solutions, now part of McKesson, where he was responsible for the business unit's turnaround resulting in rapid and dramatic gains in revenue growth and profitability.

Prior to joining McKesson, MacKenzie spent six years in various executive capacities with Cerner, most recently as vice president and general manager - providing care. His approximately 25-year career in information technology also includes posts with AT&T, General Electric and EDS. He brings to Passport notable achievements in new business development and organic growth initiatives as well as merger/acquisition activity, business partnerships, generating transaction-based revenue and overseeing successful new product launches.

"I am confident my leadership experience and track record for business growth and development will allow me to contribute to Passport and help the organization reach the next stage," said MacKenzie. "Under Jim's leadership Passport has earned a remarkable reputation in the health care technology field. The company has high expectations for the future and has a great platform from which to achieve them. It is a wonderful opportunity for me."

MacKenzie will relocate from the Atlanta area to Passport's corporate headquarters in Franklin, Tenn. He holds dual bachelor's degrees in finance and economics from Utah State University and an MBA from the University of Michigan.

Lackey was among the first employees to join Passport in 1996 just months after entrepreneur Dan Proctor founded the company and is the only CEO Passport has ever had. He served as president for two years before becoming CEO in 1998 and became chairman in 2006. His health care career spans more than three decades with experience in hospital administration, leading insurance and managed care organizations, consulting and the startup and leadership of Passport.

Although Lackey is relinquishing his CEO responsibilities he will remain actively involved as chairman. His immediate focus will be a smooth transition for MacKenzie and he will head the board's ongoing direction and oversight as Passport executes on its plans for continued growth.

"I am maintaining my ownership position in the company because I have faith in its long- term success," added Lackey. "We built Passport from scratch and have been fortunate to experience a great deal of success these past 13 years, but I am convinced of the potential for even greater things in the future. This is a natural step in the progression of the company."

Since 1996 Passport has grown from a start-up into a leading health care information technology company. Passport is a highly profitable, rapidly growing company serving more than 5,300 health care providers in all 50 states and employing approximately 300 people. In 2008 the company processed 130 million transactions.