Posted on Aug 20, 2008

ATLANTA - (August 20, 2008) - This year's ranking of the top 500 fastest-growing private companies in America by Inc. Magazine includes a spot for Atlanta-based Implantable Provider Group. IPG has capitalized on the tremendous growth in the implantable medical device market, growing its revenues by more than 1500 percent since the company was founded in 2004. This growth led IPG to a sixth-place ranking nationwide in the healthcare industry and a ranking of 138 overall in the Inc. 500.

"This is a big accomplishment for us," said Jay Ethridge, CEO of IPG. "Being ranked one of the country's fastest-growing companies shows that our business model is successful and that IPG is in a position to dramatically improve many aspects of the implantable device market, adding value for all of our stakeholders."

IPG provides Implantable Device Management for commercial insurance payors, physicians, medical facilities and device manufacturers. Implantable Device Management provides multiple benefits for these stakeholders, including reduced financial risk and simplified billing and reimbursement processes.

IPG's focus is on large, fast-growth device markets such as cardiology, neurology and orthopedic implants. The cardiology and orthopedic/spine implant markets each exceed $10 billion annually, while the neurological implant market - currently at $2.5 billion annually - is growing at 20 percent a year. As the U.S. population ages and indications for pacemakers, neurostimulators and joint replacements continue to expand, IPG is positioned to streamline the delivery of these devices and continue its own strong growth.

"Making the Inc. 500 was possible thanks to the hard work of a dedicated team," said Michael Jones, president and COO of IPG. "It's clear that IPG has made it to this point through the combined efforts of many talented people, and we're sure that teamwork will lead us to continued success in the future."

IPG has recently expanded its reach, partnering with industry leader Medtronic and global orthopedic manufacturer Smith & Nephew, among others. The company has also signed several key agreements with major commercial insurance payors in the past year.

About IPG
Implantable Provider Group (IPG) works with commercial payors to fully manage all aspects of high-cost implantable medical devices. The company's 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, while also delivering many valuable ancillary capabilities. Implantable Device Management also offers benefits for health care providers and manufacturers. IPG focuses on large, fast-growth device intensive markets, such as cardiology, neurology and orthopedic implants. For more information about IPG, visit www.ipgsurgical.com.