# Porteck Corporation

> Porteck Corporation is a New York healthcare revenue cycle management company founded in 2002 by Arvind Walia. It combines proprietary software with billing specialists to support insurance verification, prior authorization, referrals, claims submission, payment posting, denial appeals and reporting for US healthcare providers.

- **Founded:** 2002
- **Headquarters:** Jericho, United States
- **Founders:** Arvind Walia (Founder; historically Chief Executive Officer)
- **Products:** Revenue Cycle Management, PARCS, MD Eligibility, MD InsuranceAuth, MD eReferral
- **Notable:** Founded in 2002 and developed a proprietary RCM software suite including PARCS., Company-reported 2014 food drive collected 500 pounds for Island Harvest., Arvind Walia was featured as Porteck founder and CEO in Maneesh Media’s Jewels of India volume released in 2013.

## Products & services

- **Revenue Cycle Management** — Full-service or standalone support covering eligibility, authorization, claim submission, payment posting, receivables follow-up, denial management and reporting.
- **PARCS** — Porteck Accounts Receivable & Billing Collections System: proprietary claims processing, decision support and reporting software.
- **MD Eligibility** — Insurance eligibility and benefit verification service that consolidates coverage information.
- **MD InsuranceAuth** — Web-based prior authorization requests supported by assigned specialists who coordinate with insurers and follow up.
- **MD eReferral** — Web-based electronic referrals to participating diagnostic facilities, including insurance details and electronic signatures.
- **PTRANS** — Transcription management: routes dictated reports for transcription and distributes completed reports.
- **PSCAN** — Scanning and batch management that links documents and explanation-of-benefits records to billing and follow-up transactions.
- **Porteck Solutions for Provider Networks (PSPN)** — Radiology network, contract and fee-schedule management, scheduling, billing and claims repricing.
- **Specialty claims and litigation coordination** — Workers compensation and no-fault billing with collection-attorney coordination.

## Achievements

- Founded in 2002 and developed a proprietary RCM software suite including PARCS.
- Company-reported 2014 food drive collected 500 pounds for Island Harvest.
- Arvind Walia was featured as Porteck founder and CEO in Maneesh Media’s Jewels of India volume released in 2013.

## Latest updates

- **2015-03** — Historical transaction: bankruptcy disclosures filed in 2019 describe Physicians Practice Plus purchasing Porteck assets for stated consideration of $12.8 million, with additional earn-out terms. This is an asset transaction, not a venture funding round.
- **2014-12** — Porteck reported collecting 500 pounds of food for Island Harvest in a drive held November 3 to December 1, 2014.

## Links

- Website: http://www.porteck.com/
- LinkedIn: https://www.linkedin.com/company/porteck-corporation
- Twitter/X: https://twitter.com/PorteckRCM
- Facebook: http://www.facebook.com/profile.php?id=100001046697990

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Profile page: https://yespress.io/porteck-corporation
Published by YesPress — https://yespress.io
Last updated: 2026-10-21