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Navicure Named to Inc. 5000 List for Seventh Consecutive Year

Leading healthcare billing and payment solutions provider included as one of nation’s fastest growing companies

 
PRLog - Aug. 25, 2014 - ATLANTA -- Navicure (http://www.navicure.com/), a leading healthcare billing and payment solutions provider for hospitals, physician practices and billing companies, today announced the company has been named to the Inc. 5000 (http://www.inc.com/inc5000/list) list of America’s fastest-growing companies. The company secured a spot for the seventh consecutive year, based on revenue growth over the past three years.

The annual rankings by Inc. magazine represent the most comprehensive overview of independent entrepreneurs in the country. The 2014 Inc. 5000 list ranked companies according to the percentage revenue growth they experienced from 2010 to 2013. For the three years measured, Navicure experienced 106 percent growth in revenue.

“It is truly a privilege to be on the Inc. 5000 list, which is comprised of some of the most innovative, exciting companies in the world,” said Jim Denny, founder, president and CEO of Navicure. “Navicure’s inclusion in this list for seven straight years would not be possible without the help of our talented team and support of our partners and loyal customers. We are excited about the year ahead as we continue to focus on serving our clients so we can address all of their unique technology needs.”

To qualify for the 2014 list, companies had to have minimum revenue of $100,000 in 2010 and minimum revenue of $2 million in 2013. In the current economic environment, median growth rate of 2014 Inc. 500|5000 companies was 516 percent, up from last year’s 142 percent median growth rate. The companies on this year’s list report having created over 505,000 jobs in the past three years, and aggregate revenue among the honorees reached $211 billion.

"What surprises me, even though I know it’s coming, is the sheer variety of the paths our entrepreneurs take to success, thematically reflecting how our economy has evolved,” said Inc. President and Editor-In-Chief Eric Schurenberg. “This year there are far more social media and far fewer computer hardware businesses than there were, say, six years ago. But what doesn’t change is the fearsome creativity unleashed by American entrepreneurship.”

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on http://www.inc.com/inc5000.

About Inc.

Founded in 1979 and acquired in 2005 by Mansueto Ventures,Inc. (http://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. For more information, visit www.inc.com.

About Navicure

Navicure’s cloud-based healthcare billing and payment solutions help healthcare organizations of all sizes increase revenue, accelerate cash flow, and reduce cost in the course of managing insurance claims and patient payments. Serving more than 50,000 healthcare providers nationwide, Navicure’s technology solutions automate account receivables processes, including claims management; patient eligibility verification; remittance and denial management including automated secondary claims filing, appeals, and posting; reporting and analysis; and patient payment collections at and near the time of service. Navicure’s solutions are supported by its unique 3-Ring® Client Service which guarantees that a client service representative will answer every client call in three rings or less, even during times of transition such as 5010 and ICD-10.

Navicure is the exclusive billing and payment solution of the MGMA AdminiServe®Partner Network and an MGMA Executive Partner. The company received “Best in KLAS” distinctions for the claims and clearinghouse services market segment as part of the 2008, 2010 and 2012 Best in KLAS Awards: Software & Services report (www.klasresearch.com). KLAS is a leading source of information on healthcare information technology vendor performance. Navicure also received the 2013 Gold Stevie Award for Healthcare Customer Service Team of the Year as part of the 2013 Stevie Awards for Sales and Customer Service. Navicure continues to be ranked among the fastest growing companies nationally in the Inc. 5000 and Deloitte Fast 500 rankings. For more information, please visit www.navicure.com.

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