New York, NY (PRWEB) September 15, 2011
MDeverywhere, Inc, a leading provider of practice management and revenue cycle management solutions for physicians, today announced its ranking on Inc. magazine’s fifth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. MDeverywhere has been ranked #216 within the health industry, and #2503 overall. MDeverywhere joins Spirit Airlines, television maker Vizio, Honest Tea, Dunkin Donuts and Metrokane, makers of the Rabbit corkscrew, among other prominent brands featured on this year’s list.
In addition, MDeverywhere was named one of the fastest growing companies in New York and one of the top Health companies on the list.
In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
“We are honored to be on the Inc. list of fastest growing companies in the United States. We have a terrific solution for medical providers, a great team and wonderful clients. We are building the preeminent company serving doctors and hospitals as they seek to streamline and automate their revenue cycle processes and increase their revenue,” said Ann Bilyew, CEO of MDeverywhere.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. magazine Editor Jane Berentson.
MDeverywhere offers a leading revenue cycle management solution for physicians. Its unique solution includes web-based practice management software, coding rules engines, contract monitoring tools and full-scope claims management and back-office services. MDeverywhere serves over 3,500 physicians nationwide. Clients include solo practices, group practices, large faculty practices and hospitals in more than 60 different specialties. MDeverywhere is headquartered in Newton, MA with additional locations in Research Triangle Park, NC, Hauppauge, NY and Noida, India. To learn more about MDeverywhere, please call us at (866) 340-5500 or visit us at http://www.mdeverywhere.com.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (http://www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at http://www.inc.com.
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million.