Online article highlights Performance Logic's work for Abington Memorial Hospital
Performance Logic, Inc., announces partnership with The Hospital for Sick Children
Performance Logic, Inc., ends 2008 with double-digit growth
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Performance Logic, Inc., ends 2008 with double-digit growthPortland, OR – January, 5, 2009 – Performance Logic, Inc. (PL), the leading provider of SaaS project and portfolio management (PPM) solutions for the healthcare industry, recently announced substantial subscription growth for fiscal year 2008. Driven by significant new customer wins, substantial new business with existing customers, and its newest product launch, Rounding Center, Performance Logic's year-over-year revenues increased by more than 40 percent. Performance Logic continued its success in the healthcare field, adding both large and small integrated health systems to its customer base. Customer wins included several organizations who selected PL's project and portfolio management solutions over other providers through competitive bidding processes. New customers added in 2008 include The Hospital for Sick Children, Lifebridge Health System, The Methodist Hospitals, Hendry Regional Medical Center, and Children's Medical Center of Dallas. Performance Logic also significantly expanded its presence within the Veterans Health Authority, with VISN 22 (Desert Pacific Health Network) and VISN 10 (Ohio) choosing HealthCommander to power both project management and EOC tracking. It also grew its relationships with existing clients, including Abington Memorial Hospital, Wellmont Health System, and San Francisco General Hospital. In addition to expanding its customer base, in 2008 Performance Logic also introduced Rounding Center, the most comprehensive and user-friendly EOC and patient safety tracking software available in the marketplace. Available as both a stand-alone product or as part of the PL HealthCommander Suite, Rounding Center has helped organizations decrease the time from issue identification to issue resolution by over 60 percent. In less than 6 months, Performance Logic clients have resolved more than 5,000 patient safety and EOC issues using Rounding Center. Performance Logic's CEO, Neelesh Shah, was excited by the company's continuing success. "Our significant growth in 2008 proves our ability to stay ahead of the competition and continue to deliver innovative and needed products to the marketplace." About Performance Logic, Inc.Performance Logic, Inc., builds outcomes-driven portfolio and project management solutions specifically designed for the healthcare industry. Its flagship HealthCommander project management software integrates project management, performance measurement, data collection, analysis, and solutions management into a powerful performance management platform. Organizations including Abington Memorial Hospital, Owens & Minor, and the Children's Medical Center - Dallas depend on our solutions to manage mission-critical projects and programs. For more information, please visit www.performancelogic.com.
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