HOUSTON, Aug. 22, 2012 /PRNewswire/ -- eCardio Diagnostics (www.ecardio.com) announced today their inclusion on Inc. magazine's sixth annual Inc. 500|5000, an exclusive ranking of the nation's fastest growing private companies. eCardio was recognized for the fourth consecutive year, ranking No. 3429 overall and No. 275 in the Health segment with a three-year sales growth of 55%.
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The list represents the most comprehensive look at America's independent entrepreneurs and the companies on this year's list report having created 400,000 jobs in the past three years. In a stagnant economic environment, the median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent (up three percent from last year). The aggregate revenue among the honorees reached $299 billion.
"eCardio has continued to grow year over year because we have remained true to our founding principle – to provide physicians with monitoring solutions that meet their evolving needs," said President and Chief Executive Officer, Larry Lawson.
"It's just as important to us to listen to what patients are saying about their monitoring experience," said Lawson. "Thousands of patients participate in surveys right before their studies are scheduled to end and we work hard to put that feedback into action."
eCardio was first selected to Inc. magazine's 500|5000 list in 2009 and is among an impressive listing of multi-year recipients (www.inc.com/5000).
"Now, more than ever, we depend on Inc. 500|5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. Editor Eric Schurenberg.
About eCardio
eCardio Diagnostics, LLC, www.ecardio.com, is one of the nation's leading providers of comprehensive and advanced technologies, devices, services and solutions for the diagnosis, monitoring and subsequent clinical management of cardiac arrhythmias, predominantly in an ambulatory setting. eCardio provides leading-edge diagnostic innovations and solutions that optimize the flexibility, speed and accuracy of cardiac arrhythmia diagnoses.
Methodology
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 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.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. (www.inc.com) is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today.
SOURCE eCardio
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