Azalea Ranked #408 Fastest-Growing Company in North America on Deloitte’s 2020 Technology Fast 500™

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230% Revenue Growth Attributed to Customer Success in Telehealth and Cloud-Based EHR Rollouts

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It’s an honor to be included in Deloitte’s 2020 Technology Fast 500 list this year. We’re proud to see the significant impact Azalea’s EHR and telehealth services has on our customers.

Azalea Health, a leading provider of cloud-based patient management and health IT solutions, today announced it ranked #408 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 26th year. Azalea Health grew 230% during this period.

Azalea Health’s Chief Executive Officer, Baha Zeidan, credits the company’s 230% revenue growth to Azalea’s flexible, cloud-based EHR and modern telehealth services. He said, "It’s an honor to be included in Deloitte’s 2020 Technology Fast 500 list this year. We’re proud to see the significant impact Azalea’s EHR and telehealth services has on our customers. It’s critical for today’s hospitals and care providers to have a flexible, cloud-based EHR — especially as our country’s health system prepares for new surges in patient demand and evolving needs to further combat this pandemic."

Overall, 2020 Technology Fast 500™ companies achieved revenue growth ranging from 175% to 106,508% from 2016 to 2019, with median growth of 450%.

About Deloitte’s 2020 Technology Fast 500™:
Now in its 26th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2016 to 2019.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

About Azalea Health:
Azalea Health (Azalea) is changing the way health IT platforms connect community-based healthcare providers and patients across the care continuum. Offering a 100% cloud-based, interoperable solution, Azalea delivers electronic health records, revenue cycle management, and a fully integrated telehealth solution designed for rural, community and urban practices and hospitals, especially those focused on underserved populations. Quick to deploy and intuitive to use, Azalea solutions ensure better care coordination and communication, and the “one patient, one record” approach provides care teams the agility to achieve better outcomes. The Azalea platform also delivers tools and resources to help providers meet their Meaningful Use requirements, and informs their strategies to navigate accountable care and alternative payment models.

About Deloitte:
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see http://www.deloitte.com/about to learn more about our global network of member firms.

Azalea PR Contact:
Lexi Herosian
lexi@scratchmm.com

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Lexi Herosian