The efforts of our experienced team members continue to pay off with record growth numbers in customer acquisition, customer retention and overall revenue.
Atlanta, GA (PRWEB) June 28, 2011
Brightree, the leading provider of business management solutions for suppliers of home care products and services, has been chosen by the Association for Corporate Growth Atlanta (ACG) as the fourth fastest-growing company in Georgia for the second, consecutive year. Brightree was selected in the Small Middle-Market Category.
The Georgia FAST 40 program was started in 2008 by the accounting firm Cherry, Bekaert & Holland, L.L.P. and is presented annually by the Association for Corporate Growth (ACG). Winners are selected based on audited financial statements and a sustained record of employee growth over three consecutive years. The selection committee also evaluates the nominees’ role as catalysts for growth in Georgia and for their contributions to the economic environment of the state.
During the past three years, Brightree revenues grew by 173 percent, and its employee base grew by 149 percent. In addition, the company has expanded its customer base from 700 to 2,500; now representing 35 percent of the market it currently serves. Through organic growth and acquisitions, the company plans to further expand its offering: across its customers’ infrastructure with new add-on modules; and into adjacent markets in the home care industry. The company has also committed to hiring another 40 software and industry professionals through the remainder of 2011.
Brightree President & CEO Dave Cormack attributes the company’s growth to the investment the company has made over the past few years in customer service and product development. “The home care industry is under extreme pressure from the many different federal, state and local healthcare reform measures. Brightree is investing more than $50 million over the next four years in software solutions that help our customers navigate these changes and continue to thrive in these uncertain times. The efforts of our experienced and dedicated team members continue to pay off with record growth numbers in customer acquisition, customer retention and overall revenue.”
Georgia FAST 40 honorees will be honored June 30 at an exclusive Awards Dinner and will also be featured in the July issue of Georgia Trend magazine.
Brightree LLC is the leading provider of business management software solutions for Home Medical Equipment (HME) providers, Durable Medical Equipment (DME) providers, Orthotics & Prosthetics (O&P) practitioners, and Sleep Labs. Brightree’s unique Internet-based solutions follow the natural workflow of providers to automate and improve how they manage their business. Brightree is the only business management software solution endorsed by Invacare Corporation as well as the VGM member service organization. Brightree serves more than 2,500 providers in the USA. For further information, visit http://www.brightree.com or call 1.888.598.7797, ext. 5.
About ACG Atlanta
ACG Atlanta is the 500-member strong local chapter of Association for Corporate Growth®(ACG), the global community for middle market M&A dealmakers and business leaders focused on driving growth. ACG has grown to more than 14,000 members organized in 56 chapters throughout North America, Europe and Asia. ACG Atlanta members are business leaders and decision makers drawn from corporations, private equity, finance, and professional service firms. To join ACG Atlanta or to learn more about the outstanding events, programs and awards that are offered throughout the year, please visit http://www.acg.org/Atlanta.