The Company in Depth

Detailed Statistics
  • By Category
  • By Year

    Latest on Wall Street
  • SEC Filings
  • Stock Quote & Chart

    Company in the News?
  • Check for Post Articles
  • Check for AP Articles

    Search The Post 200
    The Top 100 Public Cos.
    Top 35 Financial Institutions
    Beyond the Beltway: Top 35 VA
    Beyond the Beltway: Top 30 MD
    Post 200 Home

  • Spacer
    Washington Post 200 -- The Top 100 Public Cos.

    Amisys Managed Care Systems Inc.
    list rank

    From the April 28, 1997 Washington Post

    '96 (in $ 000s) % Change From '95
    Revenue 46,438 46.1
    Net Income 4,697 180.4
    Rank Last Year: None

    Amisys Managed Care Systems develops, markets and supports highly specialized software and hardware systems to help health maintenance organizations and other health care providers process bills, monitor treatment outcomes and track a variety of other health-related transactions. Its core product is a managed care information system that handles billing claims, customer service and patient referrals. The company, formerly a division of American International Group Inc., now serves more than 80 clients, including Blue Cross/Blue Shield of Tennessee, Employers Insurance of Wausau and Harvard Pilgrim Community Health Plan. Amisys also collects fees from smaller managed care providers that use its software through a time sharing arrangement.

    Business Resume:
    • Contact Info --
      30 W. Gude Drive
      Rockville, Md. 20850
    • Main Business --
      Health care software
    • Founded --
    • Chairperson --
      Kevin R. Brown (CEO)
    • President --
      Kevin R. Brown
    • Employees --
    • D.C.-Area Employees --
    SSE's sales increased almost 38 percent in 1996, from $33.6 million, to $46.2 million. One main factor contributing to this boost was the acquisition in January 1996 of Fairchild Data Corp., a company headquartered in Scottsdale, Ariz., that makes digital modems for the satellite industry. In September the company entered into a joint venture with Alcatel Telspace SA, the biggest supplier of satellite earth stations in Europe. Alcatel, with whom SSE has done business in the past, purchased about 10 percent of SSE's common stock for approximately $6.7 million.

    Both SSE and Alcatel also expanded on their core business with investment in Atlanta-based Media4 Inc., which develops products for distribution of multimedia information over wireless networks to personal computers. The two companies made an initial purchase of Media4 stock in May 1995; currently, SSE and Alcatel own 19.6 percent of common stock in the Georgia firm.

    Copyright 1997 The Washington Post

    Back to the top

    Navigation image map
    Home page Site Index Search Help!