Indianapolis IN, USA (PRWEB) November 20, 2005
Healthx, a provider of online health benefits services, today announced its 459th position on the Inc. 500, a ranking of the 500 fastest-growing private companies in the country. To be eligible for this year’s Inc. 500, companies had to be U.S. –based, independent and privately held through their fiscal year 2004, and have had at least $500,000 in net sales in the base year of 2001. In addition, their 2004 sales had to exceed 2003 sales. Companies are ranked on cumulative three-year sales growth from 2001 to 2004. Inc. verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials.
Healthx healthcare technology and consulting services helps hundreds of payers, thousands of providers and millions of members nationwide. Healthx’s CEO, Greg Bell, credits a superior technology platform, the ability to leverage the size of their community, best-practices and a transparent subscription-based pricing model with the company’s remarkable revenue growth over the past five years. "It’s a great honor to be recognized as one of the top fastest growing private companies;” indicated Bell, “on a day to day basis we concentrate our efforts on our unique business model, maintaining a talented and committed staff, concentrating on the specific needs of our market, and the continuous improvement of our technology. Together, this foundation helps us ensure our sustained viability and growth, while maintaining high levels of customer satisfaction.”
“When you look at the amazing job growth among Inc. 500 companies and contrast it with the stagnation in the Fortune 500, it underscores the changing nature of our economy,” said Jim Melloan, project manager for the Inc. 500. “With unprecedented global competition, companies have to be able to turn on a dime and discover innovative new ways of doing business. Increasingly, it’s the smaller, agile companies like those on the Inc. 500 that are best equipped to meet these challenges.”
Located in Indianapolis, Healthx is the leading provider of web portal technology that streamlines the process of healthcare administration for insurance payers, healthcare providers and patients. By combining their unique technology and innovative strategies, Healthx accelerates communication and access to healthcare information resulting in lower costs. Healthx products touch thousands of lives on a daily basis throughout the U.S. bringing unequaled convenience and service. Healthx products are secure and reliable, supported by unparalleled research and development, and provide proven excellence in customer service. Healthx, a privately held company, made up of talented employees focused on delivering world class technology. For more information visit http://www.healthx.com or call 877-492-3633.
About Inc. 500
Currently in its 24th year, the Inc. 500 is Inc. magazine’s renowned annual ranking of the fastest-growing privately held companies in the United States. These turbo-charged enterprises are the pulse of the real economy. The are fast-growth success stories that cross a wide range of sectors from consumer products, financial services, and retail to high-tech hot-beds such as software, computer hardware, and telecom. Microsoft, Timberland, Oracle, The Sharper Image, E*Trade, and Domino’s Pizza are just a few of the corporate superstars that have graced the Inc. 500 list.
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