Healthx Ranked 49th Fastest Growing Technology Company in North America on the 2005 Deloitte Technology Fast 500
Healthx attributes its 5354% revenue growth to its market focus, unique business model and innovative technology platform.
Indianapolis IN, USA (PRWEB) November 20, 2005
Healthx, a provider of online health benefits services, today announced its 49th position on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage fiscal year revenue growth over five years (2000-2004). Healthx grew 5354 percent during this period.
This is the second year in a row that Healthx has ranked in the top 50 of Deloitte’s Technology Fast 500. Healthx’s CEO, Greg Bell, credits a superior technology platform, the ability to leverage the size of their community, best-practices and a transparent subscription-based pricing model with the company’s remarkable revenue growth over the past five years. "It’s a great honor to be recognized as one of the top fastest growing technology companies two years in a row;” indicated Bell, “on a day to day basis we concentrate our efforts on our unique business model, maintaining a talented and committed staff, concentrating on the specific needs of our market, and the continuous improvement of our technology. Together, this foundation helps us ensure our sustained viability and growth, while maintaining high levels of customer satisfaction.”
“Making the Deloitte technology Fast 500 is a testament to a company’s commitment to technology,” said Tony Kern, deputy national managing principal of Deloitte’s Technology, Media & Telecommunications industry practice. “With its 5354% growth rate over five years, Healthx has proven that its leadership has the vision and determination to grow in difficult conditions.”
The Deloitte Technology Fast 500 list is the result of research on public and private technology companies, defined as a company that owns proprietary technology that contributes to a significant portion of the company’s operating revenues; or devotes a significant proportion of operating revenues to research and development of technology. Using other companies’ technology in a unique way does not qualify. In addition, Fast 500 technology companies must meet minimum operating revenue requirements: 2000 operating revenues must be at least $50,000 USD or $75,000 CD, and 2004 operating revenues must be at least $1 million USD or CD. Fast 500 winners must be in business a minimum of five years and be headquartered in the United States or Canada.
About Healthx
Located in Indianapolis, Healthx is the leading provider of web portal technology that streamlines the process of healthcare administration for insurance payers, healthcare providers and patients. By combining their unique technology and innovative strategies, Healthx accelerates Communication and access to healthcare information resulting in lower costs. Healthx products touch thousands of lives on a daily basis throughout the U. S. bringing unequaled convenience and service. Healthx products are secure and reliable, supported by unparalleled research and development, and provide proven excellence in customer service. Healthx, a privately held company, made up of talented employees focused on delivering world class technology. For more information, visit www. healthx. com or call 877-492-3633.
About Deloitte
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