BANGALORE, September 3, 2015 /PRNewswire/ --
New York based global services Vee Technologies Inc. made it to the top 500 fastest growing companies in U.S. as per the 34th Annual List of Inc 500 . The company has a staggering 944% growth over a 3-year period and has emerged as the fastest growing healthcare back office solutions provider.
"We believe there is a massive opportunity in the healthcare and engineering domain, and Vee Technologies USA was set up to be closer to our customers and to service them locally in the U.S. to fulfill our brand promise of Extraordinary Outcomes. We thank our customers who have been our biggest ambassadors in referring us new business. This success is truly a team success that reflects the efforts of each member of the Global Vee Team. This year Inc list places Vee Technologies in the leadership position in the Health Care Revenue Cycle Management Industry that includes ICD-10 migration," states Chocko Valliappa, Founder & CEO, Vee Technologies Inc.
As the U.S. healthcare industry is rapidly transforming, Vee Technologies USA has driven massive expansion of its affiliated, India-based operations centers, with planned construction of an additional 12,000-seat facility in Salem, while doubling its capacities in Chennai and Bangalore. Vee Technologies will be a 20,000 strong global team in 2020.
Vee Technologies is striding ahead to make the most out of ICD-10 migration. Being entirely compliant to multiple international standards like the HIPAA, and well equipped to handle latest updates like the ICD-10, the company is all set to grow further. With the upcoming human resource requirement, the company plans to expand its employee base significantly in the coming months. This will have a great impact on the thousands of students who pass out of the Sona College & Universities, owned and managed by the Sona Valliappa Group. This comes as good news for the students as their absorption into Vee Technologies will see a significant rise.
President of Vee Technologies USA, Patrick L. O'Malley emphasizes, "Our company is forever linked to service superiority. It is who we are. Beside our relentless pursuit of excellence, we continue to emphasize and focus on developing true, close-knit teams with our clients, and on achieving the absolute highest levels of accuracy, and results, previously not being realized in our industry."
He added, "Particularly, since the launch of Vee Technologies USA, our rapid growth is largely due to healthcare clients who tell us they have improved medical coding, and billing revenues, by effectively using our know-how, expertise, and our people, process and tools."
"The story of this year's Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top," says Inc. President and Editor-In-Chief Eric Schurenberg. "You have to remember that the average company on the Inc. 5000 grew nearly six-fold since 2012. Business owners don't achieve that kind of success by accident."
About Vee Technologies:
Vee Technologies USA was founded in the year 2001. The company, being a part of the 100 year old Sona Valliappa Group, is involved in textiles, plantations, technology, real estate and education. Vee Technologies is a Gold standard company offering business processing solutions in Healthcare (Revenue Cycle Management & Health Information Management), Engineering (Design & Analysis) and Finance & Accounting. It has happy customers, combined with ISO for quality and security, SSAE-16, SOC II type II certification. Vee Technologies seeks to continue its growth while rededicating itself to delivering extraordinary outcomes.
For more information, visit http://www.veetechnologies.com .
About Inc. Media:
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success.
For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.
For more information contact:
+91-80-22281131, Extn.: 527
Head of Marketing
Vee Technologies Inc.
SOURCE Vee Technologies Inc.