|[November 15, 2012]
AdvantEdge Healthcare Solutions Ranked 4th Fastest Growing Company in New Jersey
WARREN, N.J. --(Business Wire)--
Healthcare Solutions, one of the nation's leading providers of
medical billing, practice management, and coding services for specialty
physicians, hospitals, and surgery centers, was named the fourth fastest
growing company in New Jersey by NJBIZ. The NJBIZ
50 Fastest Growing Companies awards program celebrates New Jersey's
most dynamic companies that progressively contribute to the success of
the state's economic growth and stability.
Since its founding in 1999, AdvantEdge has gained meaningful scale
through organic growth and strategic acquisitions, acquiring seven
companies in the past five years. As a result of this continued success,
AdvantEdge improved its ranking from #10 in 2011 to #4 in 2012.
"Our rise up the rankings to #4 is a testament to the AdvantEdge team
and its continued dedication to helping clients optimize their financial
performance and eliminate compliance risks," said David
Langsam, President and CEO of AdvantEdge. "At AdvantEdge, we
constantly strive to expand the scope and depth of our services to offer
our clients greater visibility into their billing and coding. Our
ability to deliver effective solutions has driven our growth. We're
excited to be named as one of New Jersey's fastest growing companies and
this award will motivate us to keep raising the bar."
To qualify for the award, companies had to meet selection criteria that
included revenue of at least $500,000 in at least three of the past four
years, and net revenue growth over a four year period, dating from
fiscal year 2008 to 2011. The presenting sponsor, ParenteBeard, LLC,
calculated the nominations and then ranked the companies according to
revenue growth over the four-year period. Both dollar and percentage
increases were taken into consideration.
NJBIZ and the program sponsors honored this year's 50 fastest growing
companies and announced their ranking during an awards dinner and
ceremony on Tuesday, November 13, 2012 at The Palace at Somerset Park in
Somerset, N.J. The honorees will also be highlighted in a special
supplement to NJBIZ on November 19, 2012.
For more information about the NJBIZ 50 Fastest Growing Companies awards
program, please visit www.njbiz.com/events.
About AdvantEdge Healthcare Solutions
AdvantEdge Healthcare Solutions is a technology-enabled provider of
revenue cycle management services, informatics, and expertise, enabling
healthcare providers to maximize financial performance and eliminate
compliance risks. AdvantEdge continues to gain meaningful scale through
organic growth and strategic acquisitions, having completed seven since
2007. It is recognized as one of the top 10 billing, coding, and
practice management companies in the U.S.; has more than 675 employees
in eight regional offices in the U.S. and one office in Bangalore,
India; and collects over $1 billion annually for its physician clients
using its own proven technology. AdvantEdge clients include
hospital-based physicians, hospitals, ambulatory surgery centers, and
large office-based groups. AdvantEdge is an IBM (News - Alert) Business Partner for
physician billing solutions. For more information about AdvantEdge,
please visit our website at www.ahsrcm.com,
"like" us on Facebook (News - Alert) (www.facebook.com/AdvantEdgeHealthcareSolutions)
or follow us on Twitter (News - Alert) at @DoctorBilling.
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