Former PayPal, Palantir Executive Jason Portnoy Joins Practice Fusion as CFO

SAN FRANCISCO, March 1, 2011 /PRNewswire/ -- Practice Fusion, the fastest growing Electronic Medical Record (EMR) community in the US, today announced Jason Portnoy as the company's Chief Financial Officer.  Practice Fusion delivers the leading, free, cloud-based EMR to physicians; enabling charting, scheduling, e-prescribing and lab integrations.  Portnoy joins the company in a period of rapid expansion, bringing his deep expertise in scaling hyper-growth companies.

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"Jason supported PayPal through its IPO and $1.5 billion eBay acquisition, he was part of the initial team that drove Clarium Capital's AUM to more than $3 billion, and in 2009 he helped Palantir close a $90 million financing round," said Ryan Howard, CEO of Practice Fusion.  "Both Practice Fusion and our users stand to gain from Jason's leadership.  He has intimate knowledge of start-up operations as well as experience driving growth and expansion for some of the world's most sophisticated technology companies."

As the former Vice President of Financial Planning and Analysis at e-commerce pioneer PayPal, Inc., Portnoy helped support financial strategy for the company through its IPO and acquisition by eBay in 2002.  Working closely with PayPal Founder, Peter Thiel, at global macro hedge fund, Clarium Capital, Portnoy served as Chief Financial Officer and Senior Vice President of Finance for more than four years.  In 2008, Portnoy transitioned to serve as CFO at information analytics company, Palantir Technologies.

"Practice Fusion's revolutionary technology solution has the potential to fundamentally change the face of the national healthcare system," said Portnoy.  "Our dominant market position, the quality and dedication of the team, and the critical impact of this technology on patient outcomes made the decision to join the company an easy one.  I look forward to helping drive our continued success in modernizing the healthcare industry."

Key facts about Jason Portnoy:

• Joined Practice Fusion in November 2010
• Former VP, Financial Planning and Analysis, PayPal Inc.
• Co-founder and former CFO/SVP Finance, Clarium Capital Management, LLC
• Former Chief Financial Officer, Palantir Technologies
• Wide personal network of technology innovators, entrepreneurs and investors

Practice Fusion is an industry pioneer, democratizing healthcare technology by granting doctors free access to the best-in-class EMR, while leveling the playing field for practitioners previously unable to afford legacy systems.  Practice Fusion's cloud-based platform is operational in less than five minutes, and includes free support for all users immediately upon signup.

The announcement of Jason Portnoy's appointment follows two major milestones for Practice Fusion, including being named the country's No.1 Ranked EMR solution in customer satisfaction by Brown-Wilson's annual Black Book Rankings, and the launch of Practice Fusion's availability on Apple's iPad.

About Practice Fusion

Practice Fusion provides a free, web-based Electronic Medical Record / EMR system to physicians.  With charting, scheduling, e-prescribing, billing, lab integrations, referral letters, unlimited support and a Personal Health Record for patients, Practice Fusion's EMR addresses the complex needs of today's healthcare providers and disrupts the health IT status quo.  Practice Fusion is the fastest growing EMR community in the country with more than 70,000 users serving 8 million patients.  Physicians voted Practice Fusion as the No. 1 EMR in customer satisfaction for primary care in 2011 in Brown-Wilson's Black Book Rankings.  For more information about Practice Fusion, please visit www.practicefusion.com.

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Ryan Howard

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SOURCE Practice Fusion