Edifecs Recognized for Significant Business Growth and Commitment to Employees

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One of the Region’s Largest Healthcare Technology Companies Continues to Drive Innovation and Bring Jobs to Washington State.

Edifecs Inc., one of the largest healthcare technology companies in the Puget Sound region, has been recognized recently by multiple organizations for its dramatic revenue growth. The company has garnered national and local attention from business media, including Inc. magazine, Healthcare Informatics and the Puget Sound Business Journal, all naming Edifecs to their annual rankings.

Edifecs’ most recent accolades include:

  •     Inc. 5000 – Edifecs ranked 1017th on this year’s Inc. 5000 List, up from 1194th in 2011. This marks Edifecs’ fourth consecutive year on the list, which acknowledges the fastest-growing private companies in the United States. The 2012 Inc. 5000 ranks companies according to their percentage revenue growth from 2008 through 2011. (August 2012)
  •     Puget Sound Business Journal 50 Eastside Fastest-Growing Private Companies – Edifecs ranked 4th on this year’s listing of the 50 fastest-growing private companies located east of Seattle, based on percentage revenue growth between 2009 and 2011. This is the second year Edifecs has appeared on this list and an improvement from its 2011 ninth position ranking. (July 2012)
  •     Healthcare Informatics 100 – Edifecs ranked 78th on the healthcare publication’s list of the top 100 healthcare IT vendors nationwide, moving up from its 86th position last year. The 2012 Healthcare Informatics 100 ranks the nation’s top 100 healthcare vendors by 2011 revenue derived solely from healthcare IT products and services. (June 2012)
  •     Puget Sound Business Journal Top 100 Private Companies – Edifecs ranked 98th in the list of the region’s largest companies, based on 2011 revenue. This is the first year the Puget Sound Business Journal compiled the list. (June 2012)

In 2012, Edifecs has received several other awards. Seattle Business Magazine named Edifecs one of Washington’s Best Companies to Work For, ranking the company 17th among mid-size organizations; and the Puget Sound Business Journal included Edifecs on its list of the 100 Best Workplaces in Washington State.

Edifecs has bucked the downward economic trend over the last several years, and many of the awards recognize the company’s significant growth. The company’s compound annual growth rate from 2008 to 2011 was 60.13 percent. It is one of the largest healthcare technology companies in the Puget Sound region.

More than 250 healthcare organizations rely on Edifecs software, including 46 Blues health insurers, more than 30 State Medicaid programs, 50 of the largest commercial health insurers and 112 provider organizations. Together, Edifecs customers provide health coverage to more than one-third of the population of the United States.

“At Edifecs, we believe commercial success and corporate culture go hand in hand. As part of our mission to simplify administrative processes and dramatically cut costs in healthcare, we have focused on hiring the right people and equipping them to win. As a result, we’ve have grown into an innovative healthcare technology business, dedicated to bringing jobs to the region and meeting the needs of our customers,” said Sunny Singh, CEO of Edifecs. “The recognition we have received over the past year demonstrates our continued commitment to growing and serving our customers both across the country and in our own back yard.”

About Edifecs, Inc.
An industry leader since 1996, Edifecs provides healthcare software solutions that improve operational performance by streamlining the exchange of information among health plans, hospitals, and other healthcare organizations, while enabling compliance with current mandates such as HIPAA 5010, ICD-10 and Operating Rules.

Today, more than 250 healthcare customers use Edifecs technology to unify transactions from any information channel source and input mechanism, while automating manual business processes such as enrollment, claims and payments management.

Edifecs is currently recognized as one of the 100 Fastest Growing Private Companies in the state of Washington, 100 Best Places to Work in the state of Washington, an Inc. 5000 fastest-growing private company and one of the 500 Fastest Growing Companies in North America by Deloitte. Edifecs is headquartered in Bellevue, WA. For more information, please visit http://www.edifecs.com.

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Karalee Sargent
Raffetto Herman Strategic Communications
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