Virginia Beach Technology Company in Inc's Top 500 - Turning Paper Charts into Electronic Records Results in 550 Percent Revenue Increase

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For the second year in a row DOMA Technologies has been recognized as Inc Magazine's top 500 fastest growing companies nationwide, ranking 36th among business product and service firms up from 55th in 2008. DOMA provides web based document management software and scanning services for converting hard-copy documents into digital images for healthcare and government clients, has seen revenues rise 550% since 2006.

Our customers are realizing millions of dollars in recovered revenue and savings because of the intelligent and easy to use software we have developed and the hands-on scanning and document services we provide

For the second year in a row DOMA Technologies has been recognized as Inc Magazine's top 500 fastest growing companies nationwide, ranking 36th among business product and service firms up from 55th in 2008.

DOMA provides web based software and scanning services for converting hard-copy documents into digital images for private sector and government clients, has seen revenues rise 550% since 2006. The company expects continued steady growth and 2009 revenues are expected to increase to $14-million.

DOMA Technologies, with corporate offices and production facilities in Virginia Beach, has more than 160 employees today, most involved in helping hospitals, physician practices and other health care providers turn paper records into digital files for easy access, routing and retrieval. "Our customers are realizing millions of dollars in recovered revenue and savings because of the intelligent and easy to use software we have developed and the hands-on scanning and document services we provide," says Ian Checcio, DOMA's Vice President of Sales. "The applications are not limited to health care, but that is the field where demand continues to increase."

It's easy to see why. Many health systems, both locally and nationwide, are failing to bill for millions of dollars in services rendered or to appeal denied reimbursements because of backlogs of patient charts that had not been forwarded to medical records departments in a timely manner. Using DOMA's iChart and iCodeRx remote medical coding system, companies are able to find information quickly while dramatically reducing paper use, physical storage space, and labors hours associated with managing paper documents.

"iCharts has been a great tool for our company. Its intuitive user friendly interface has made it a wonderful electronic patient record storage solution. Now all of the information we need is only a click away. Gone are the days of endless filing of incoming paperwork and searching for the needed document. This has enabled us to greatly increase efficiency of our intake and billing process as well as reduce the amount of staff time required to manage patient documentation. iCharts is an excellent patient record management solution and together with its great support staff is the best document storage system on the market." - Alosha Dukhevych, Administration and A/R Manager for ABC Health Care

Inova Health System, Bon Secours Health System, Children's Hospital of the Kings Daughters and Eastern Virginia Medical School and Operation Smile are some of DOMA's clients. DOMA is also converting veterans records at more than 200 Veterans Centers across the country and in the Virgin Islands.

"We are once again pleased to have made Inc.'s list," says Leticia Feliciano, CEO of DOMA Technologies. "When you provide great service and deliver a product that improves productivity, enhances the bottom line, saves a natural resource, and allows professionals to focus on their core services that can add tremendous value to any size organization. We are gratified at our success to date and believe we have just scratched the surface in making more industries aware of the value of electronic document management using DOMA's web-based, secure technology."

Visit http://www.domaonline.com for more information.

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Wayne Zinn
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