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Pharmacy OneSource Ranked 335th Fastest-Growing Company on Deloitte's 2009 Technology Fast 500

368 percent revenue growth lands third year of recognition on list of innovative companies

FOR IMMEDIATE RELEASE

 
Deloitte Technology Fast 500
Deloitte Technology Fast 500
PRLog (Press Release) - Oct 20, 2009 -
Bellevue, WA -- Pharmacy OneSource today announced that it ranked number 335 on the Technology Fast 500TM, Deloitte LLP's ranking of 500 of the fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five-year period from 2004-2008. Pharmacy OneSource grew 368 percent during this period.

"In combination with our focus on healthcare, our business model of software-as-a-service (SaaS) greatly contributes to our third consecutive year on the coveted Fast 500 list," said Keith Streckenbach, Chief Strategy Officer of Pharmacy OneSource. "We're greatly honored by our third consecutive Fast 500 recognition."

In addition to ranking on Deloitte's Technology Fast 500, Pharmacy OneSource this month also ranked 51st in the Puget Sound Business Journal's ranking of the 100 fastest-growing companies in Washington State.

Pharmacy OneSource previously ranked 254th and 84th as a Technology Fast 500TM award winner for 2008 and 2007 respectively.

"Technology Fast 500TM recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth," said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. "We congratulate Pharmacy OneSource on this accomplishment."

Overall, Technology Fast 500TM award winners for 2009 had growth rates ranging from 212 to 146,050 percent over five years, with an average growth rate of 2,486 percent.

In order to be eligible for Technology Fast 500TM recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues. Using other companies' technology or intellectual property in a unique way does not satisfy this requirement. Consulting companies, professional service firms, etc. are not eligible unless they have proprietary technology that contributes to a significant portion of their operating revenues.

Technology Fast 500TM award eligibility requirements also include base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. These revenues must have more than doubled between 2004 and 2008. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.

About Pharmacy OneSource (www.pharmacyonesource.com)
Pharmacy OneSource is healthcare's #1 Software-as-a-Service (SaaS) provider. Our more than 70 innovative team members provide best-in-class, SaaS solutions to current and future challenges within health-systems worldwide. Our SaaS solutions contribute to swift and safe healthcare through earlier, easier and better access to data. More than 1,300 healthcare organizations worldwide utilize our HIPAA compliant web-based services: Accupedia, Amplifi, Quantifi, ScheduleRx, Sentri7, Simplifi 797, and UnitStock.

About Deloitte
As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

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Contact Email:
***@pharmacyonesource.com Email Verified
Source:Pharmacy OneSource, Inc.
Phone:800-654-8395
Address:3535 Factoria Blvd SE #440
Zip:98006
City/Town:Bellevue
State/Province:Washington
Country:United States
Industry:Medical, Software, Technology
Tags:, , , , , , ,
Last Updated:Oct 20, 2009
Shortcut:http://prlog.org/10382622
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