PPS in the news

Patient Placement Systems Among
"Atlanta’s Fastest-Growing Companies"

April 15, 2005

ALPHARETTA, Ga. —  In its April 15 issue, Atlanta Business Chronicle named Jackson Healthcare Solutions, parent company of Patient Placement Systems, to its annual list of Atlanta’s 50 fastest-growing companies. The healthcare staffing and technology company ranked number 23 among Atlanta-area "Pacesetters," based on the Chronicle’s growth index formula.

Jackson Healthcare Solutions (JHS) doubled revenue between year-end 2002 ($50.2 million) and year-end 2004 ($100.4 million). The company added 97 associates between 2002 and 2004, growing to 230 associates by year-end 2004.

"From the beginning, our mission has been to improve healthcare in the U.S. — from both people and technology perspectives," Jackson Healthcare Solutions Chief Executive Officer Richard L. Jackson said. "The keys to our success have been hiring and retaining talented, passionate people and encouraging innovation. This allows us to provide clinicians and information technology that help hospitals improve patient safety, operational efficiency and revenue capture."

The Award

To qualify for the Pacesetters list, a company must have its corporate headquarters in greater Atlanta and must have 2004 revenue between $1 million and $300 million. It must have a two-year growth in sales of more than 50 percent. The Chronicle uses a growth index formula to level the playing field among companies of different sizes. Factors include percent change in revenue, absolute change in revenue and staff growth between 2002 through 2004.

Atlanta Business Chronicle honored Pacesetter company representatives with a breakfast at the Georgia Convention and Visitors Bureau’s Cobb Galleria location on Friday, April 15. Jack Welch, former chairman and chief executive officer of General Electric Corporation answered questions about his new book, Winning, during the event.

The Company

Based on 2003 revenues of $78 million, Jackson Healthcare Solutions was the largest Georgia company listed in Inc. magazine’s, 23rd annual Inc. 500 ranking of the fastest growing U.S. private companies. With four-year average annual revenue growth of 76.2 percent, the firm achieved total revenue growth of 305 percent between 2000 and 2003.

Jackson Healthcare Solutions was the sixth-largest healthcare company, and the only Atlanta-area healthcare firm, on the 2004 Inc. 500 list. The company serves more than two million patients in more than 1,000 hospitals across the United States each year.

"Through its PPS Network™, Patient Placement Systems is revolutionizing patient transfer and the hospital discharge process," Jackson said. "This young company is contributing greatly to the growth and success of Jackson Healthcare Solutions."

Founded by healthcare pioneer Richard L. Jackson, Jackson Healthcare Solutions (JHS) addresses the two biggest challenges facing healthcare today: Finding the right people and delivering the right information at the right time.

The firm’s operating entities also include LocumTenens.com, Surgical Information Systems, StatCom, Jackson & Harris and Premier Anesthesia.

CONTACT: Billie Wickstrom, wickstrom@locumtenens.com, (888) 657-9480 Ext. 1247

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