Sales in Q1 of 2005 exceeds the total sales for 2004
Ashland, OR - Jun 28, 2005 -- Plexis Healthcare Systems, an innovative provider of healthcare information technology and services, including claims processing and benefit administration software applications, web-enabled software and outsourced claims services for healthcare payors, reported that financial results in the first quarter of 2005 exceeded sales for all four quarters in 2004.
Plexis enjoyed record sales in the first quarter of 2005, with a 120 percent increase over the entire year's sales in 2004. New clients in Q1 2005 included VNS Choice, Northwest Primary Care Alliance (NPCA), Optimum Healthcare, Piedmont Health Alliance, The Beacon Insurance Company, First Medical Health Plan (FMHP), and Medecus, a new Jamaican Health Insurance organization. In addition, Plexis has also signed new clients in Q2 2005, including Weyco, one of the largest TPAs in Michigan; and Clear Choice Health Plans, an Oregon-based Medicaid contractor, Medicare contractor, TPA for self-funded employer groups, and a health plan offering commercial insurance.
"2004 was a record sales year for Plexis, and 2005 is already our best sales year since the company started in 1996," said Jorge Yant, Plexis President and CEO. "We've signed a number of key clients in the U.S. and in the Caribbean and surpassed our 2004 sales record in the first months of 2005. Our sales performance is a testament to our technology, service and enhanced reputation in the marketplace. With an aggressive research and development program already in place, we expect to increase our market share further in the coming months," continued Mr. Yant.
Plexis Healthcare Systems
Press Contact:
David Goodwin
voice: 541-494-2549