Inc. unveils its annual, exclusive list of the fastest-growing private companies in America
WARREN, N.J.--(BUSINESS WIRE)-- AdvantEdge Healthcare Solutions (AHS) announced today that it has been ranked for the third consecutive year on the Inc. 500|5000 list. This year, AHS is ranked #1029, with an impressive three-year sales growth of 296 percent. AHS was also ranked #70 on the Health Industry list and #81 for the New York City region.
The lists represent the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. AHS joins other prominent brands changing the face of American business.
“AHS is honored to be featured on the Inc. 5000 for three years in a row,” said David Langsam, President and CEO of AHS. “This is a true testament to our growth and achievement over the past few years. Since 2009, we’ve welcomed four companies into the AHS family, and look to continue our geographic and industry expansion in the coming years.”
AHS offers medical billing and practice management software and services to hospital-based physicians, private practices, and ambulatory surgery centers. AHS’ technology efficiently collects patient demographic and clinical information and speeds the reimbursement of third-party claims and patient payments, enabling physicians and providers to maximize revenue and decrease their billing and practice management costs, frequently in dramatic ways.
In today’s uneasy economic climate, the median growth rate of 2011 Inc. 500|5000 companies remains at an impressive 94 percent. In total, the companies on this year’s list have created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
Complete results of the Inc. 5000 can be found at Inc.com/5000. The website includes profiles on the companies and hosts an interactive database that can be sorted by industry, region, and other criteria.
About AdvantEdge Healthcare Solutions (AHS)
AHS is a leading provider of physician billing and practice management services and software to hospital-based physician groups, large office-based physician practices, and ambulatory surgery centers (ASC’s) throughout the United States. AHS’ state-of-the-art technology efficiently collects patient demographic and clinical information and speeds the reimbursement of third-party claims and patient payments, enabling physicians and providers to maximize revenue and decrease their billing and practice management costs, frequently in dramatic ways. The AHS commitment to clients is “More money, faster. Practice financial data, available anytime, anywhere. Regulatory compliance, built-in. And, Client First service.” AHS is an IBM Business Partner for physician billing solutions. www.ahsrcm.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. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (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 www.inc.com.
Theresa Murray, 610-228-2126
KEYWORDS: United States North America New Jersey
INDUSTRY KEYWORDS: Technology Data Management Networks Software Practice Management Health Hospitals