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Mede Named to 2007 Inc. 500 List of America’s Fastest-Growing Private Companies
Company Ranks 461 among Prestigious 2007 Inc. 500 Award Winners
Emeryville, CA, September 12, 2007 —Emeryville-based Mede (Mede), healthcare's leading provider of business performance analytics, today announced its debut on Inc. Magazine’s 26th annual Inc. 500 list of fastest-growing private companies in the U.S. Mede was ranked No. 461 on the list with a three-year growth rate of 634.1%.
“If you want to find out which companies are going to change the world, look at the Inc. 500,” said Inc. Editor Jane Berentson. “These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier and manufacturing products we soon discover we can’t live without. The Inc. 500 list is Inc. magazine’s tribute to American business ingenuity and ambition.”
The 2007 Inc. 500, as revealed in the September issue of Inc. magazine (on newsstands August 28 – October 2), reported aggregate revenue of $16 billion and median three-year growth of 939 percent. Most important, the 2007 Inc. 500 companies were engines of job growth, having created more than 64,064 jobs since those companies were founded.
“We are proud to be recognized as one of the fastest-growing companies in the country and being named to Inc. 500 is an incredible milestone for our company,” said Jim Quist, executive chairman of Mede. “We have achieved this level of performance based on the intelligent and hard work of all Mede employees. Working together we are delivering real value to the healthcare system and this award is but one form of recognition.”
Complete information on this year’s Inc. 500, including company profiles and a list of the fastest-growing companies can be found at www.inc.com/inc5000.
Methodology
The 2007 Inc. 500 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2006 and have had at least $200,000 in revenue in 2003 and $2 million in 2006.
About Inc. magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures, LLC., Inc. magazine 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 681,421, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing and technology.
Mede enables healthcare organizations to achieve advanced clinical, operational and financial outcomes through on-demand, performance intelligence solutions delivered as a service by experienced healthcare professionals. Over 700 healthcare organizations in the U.S. and U.K. have experienced quick ROI and sustainable value from Mede solutions with low total cost of ownership. The company has been recently recognized by Inc. Magazine as one of the 500 most rapidly growing privately-held companies in the United States. To find out more about Mede, visit www.medefinance.com.
“If you want to find out which companies are going to change the world, look at the Inc. 500. These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier and manufacturing products we soon discover we can’t live without. The Inc. 500 list is Inc. magazine’s tribute to American business ingenuity and ambition.”
Jane Berentson
Editor
Inc. Magazine
