Posts Tagged ‘Implantable Provider Group’
Tuesday, March 13th, 2012
 The Technology Association of Georgia (TAG) has named the Top 40 Innovative Technology Companies in Georgia.
These annual awards are presented to Georgia technology companies based on degree of innovation, the scope and financial impact of their innovations and effect of such innovation in promoting Georgia’s technology industry throughout the U.S. and globally.
“The Top 40 companies are shining examples of what makes Georgia a hotbed for innovation in technology,” said Tino Mantella, president & CEO of TAG.
“Georgia is home to more than 13,000 technology companies, so we applaud the 2012 Top 40 finalists for standing out as leaders in innovation and in Georgia’s technology community. These are the types of companies that will help Georgia become recognized as one of the top states in the nation for technology.”
The 2012 Top 40 Innovative companies are:
- · AirWatch
- · Aptidata Corporation
- · BrightWhistle
- · CodeGuard
- · CompliancePoint, Inc.
- · Concurrent Computer Corporation
- · Contact At Once! LLC
- · CorFire
- · CubeVibe
- · DataOceans, LLC
- · Digital Assent
- · eFortresses, Inc.
- · EyeLevel Interactive
- · First Data
- · FreebeePay, Inc.
- · Implantable Provider Group (IPG)
- · Innovolt
- · Kabbage, Inc.
- · Lancope
- · Mowgli
- · NCR
- · Neurotic Media
- · NextInput
- · NexTraq
- · Numerex
- · Patientco
- · Paymetric
- · Pindrop Security
- · PlayOn! Sports
- · Podponics
- · Proximus Mobility, LLC
- · rapidApp
- · Red Bag Solutions, Inc.
- · SalesLoft
- · ShopVisible
- · TerraGo Technologies
- · TripLingo
- · Velocity Medical Solutions, LLC
- · Vertical Acuity
- · Whiter Image
For more information about the Top 40 awards and the Georgia Technology Summit, visit http://www.tagonline.org/georgia-technology-summit.php .
Tags: AirWatch, Aptidata, Brightwhistle, CodeGuard, CompliancePoint, Concurrent Comptuer, Contact at Once, CorFire, CubeVibe, DataOceans, Digital Assent, eFortresses, EyeLevel Interactive, Firest Data, FreebeePay, Implantable Provider Group, Innovolt, Mowgli, NCR, Neurotic Meida, NextInput, NexTRaq, Numerex, Patientco, Paymetric, Pindrop Security, PlayON! Sports, PodPonics, Proximus Mobility, rapidApp, REd Bag Solutions, SalesLoft, Shop Visible, TAG, Technology Association of Georgia, TerraGo Technologies, Tino Mantella, top 40 Georgia Tech companies 2012, TripLingo, Velocity Medical, Verical Acuity, Whiter Image
Posted in Events, Georgia, Internet/New Media, IT, Startups | No Comments »
Monday, March 8th, 2010
 ATLANTA – Implantable Provider Group Inc., a company that works with commercial healthcare payors to manage all aspects of high-cost implantable medical devices, has confirmed receiving an investment from Sequoia Capital. While the company did not disclose the amount, a filing with the U.S. Securities and Exchange Commission shows that the company raised $25.4 million. We reported the financing March 2.
“Our services are directly in line with the needs of the health care industry right now,” said Jay Ethridge, CEO of IPG in a statement.
“Given the current environment, it is critical that commercial insurance companies find ways to reduce costs without compromising patient care. IPG enables payers to do exactly that by reducing the cost of implantable devices without any change in the delivery of care.”
IPG says its software streamlines the management and delivery of implantable medical devices, ultimately lowering costs for commercial insurance payers. By working directly with commercial payers, clinical providers, and medical device manufacturers, the IDM solution eliminates the complexity and the financial risks associated with the billing and reimbursement processes for providers.
Implantable device spending represents approximately 4 percent of total health expenditure in the United States, or about $100 billion annually1. This is a complex problem for payers to manage, the company says, as there are thousands of medical devices used by physicians in the United States.
The company was founded in 2004.
In 2008, Inc. Magazine ranked IPG as the sixth-fastest growing health care company in the country and the 138th fastest-growing overall.
www.ipgsurgical.com
Tags: Atlanta, financing, Implantable Provider Group, Medical Device, Sequoia Capital
Posted in Georgia, Money | No Comments »
Tuesday, March 2nd, 2010
 ALPHARETTA, GA – Implantable Provider Group Inc., a company that works with commercial healthcare payors to manage all aspects of high-cost implantable medical devices, has closed on $25.42 million in equity, according to a regulatory filing.
Founded in 2004, IPG primarily focuses on large, fast-growth device intensive markets, such as cardiology, neurology, orthopedic and spine implants.
The company says its Implantable Device Management solution simplifies the complex procurement, contracting and billing associated with these devices, thereby streamlining the process and normalizing costs for all parties.
We think it is a sign of just how complex some aspects of the healthcare insurance sector can be that the industry needs a solution such as this. And the industry does seem to be embracing it.
IPG has more than doubled in size each year since its inception. Early in 2007, IPG underwent a recapitalization viaFulcrum Venture Partners – a Southeast based private equity group with decades of experience in healthcare, finance and business operations/expansion.
The company disclosed the current raise in a filing with the U.S. Securities and Exchange Commission. The filing cites one investor in the round.
In February, the company announced a deal with Blue Cross and Blue Shield of Florida Inc. to be its designated implantable device management vendor.
In 2008, Inc. Magazine ranked IPG as the sixth-fastest growing health care company in the country and the 138th fastest-growing overall.
www.ipgsurgical.com
Tags: financing, Georgia, healthcare solutions, Implantable Provider Group
Posted in Georgia, IT, Money | No Comments »
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