ZirMed® Ranked on INC 500/5000 Listing of America's Fastest-Growing Private Companies for Sixth Straight Year Healthcare Revenue Cycle Management Company Logs Three-Year Growth of 118%
LOUISVILLE, Ky., Aug. 23, 2011 /PRNewswire/ -- ZirMed®, a leading national provider of revenue cycle management solutions, announced today that it has been named for the sixth consecutive year to the 2011 INC magazine ranking of the nation's fastest-growing private companies. Beginning with the INC 500 and continuing with the INC 5000, ZirMed has become one of the few companies with such a record in the prestigious listing.
The INC 500/5000 is INC magazine's annual look at the most important segment of the economy—America's independent entrepreneurs. In a stagnant economic environment, median growth rate of companies on the INC 500/5000 remains an impressive 94 percent. This year, ZirMed is #177 on the ranking's Healthcare Industry list, with an impressive three-year growth record of 118%.
"When a company is deeply and fully committed to its customers' needs, good things happen. ZirMed has become part of a rarefied group of firms in the U.S. that has met customer needs over time," said Thomas Butts, President and CEO of ZirMed. "We're very proud of the passion and dedication our employees have shown in attaining this recognition."
Headquartered in Louisville, Kentucky, ZirMed currently serves over 100,000 providers including primary care physicians and specialists, therapists, medical transport services, home medical equipment providers, billing services and many others. The company's Internet-based services cover the entire healthcare payment process from patient eligibility verification to claims management to online bill payment and check processing for patient payments, bringing efficiency to the entire revenue stream while improving cash flow, reducing error-based claim rejections, and shortening accounts receivable days.
With the majority of all new job creation in the U.S. coming from small businesses, the INC 500/5000 is a prescient indicator of the companies and industries that are driving the economy forward. Over the years, the INC 500/5000 has identified the next generation of world-class companies, with consumer electronics maker Vizio, Internet giant GoDaddy, rental car service Zipcar, and beverage maker Honest Tea all appearing on the list in recent years.
ZirMed, along with other INC 500/5000 winners, will be honored at the INC 5000 conference September 22-24, 2011 at the Gaylord National Resort and Convention Center in National Harbor, Maryland. Complete results of the INC 5000 can be found at www.inc.com/5000.
ZirMed is a nationally recognized leader in delivering revenue cycle management solutions to healthcare providers, serving more than 100,000 healthcare providers. ZirMed leverages the power of technology to cure administrative burdens and increase cash flow, enabling providers to not just survive but thrive. ZirMed solutions include eligibility verification, credit/debit card processing, check processing, claims management, coding compliancy and reimbursement management, electronic remittance advice, patient statements, patient e-commerce solutions, and lock box services. ZirMed is ranked among Inc. magazine's 500/5000 fastest growing companies and Healthcare Informatics magazine's Top 100 companies. For more information about ZirMed, visit www.zirmed.com.