NEMT medical transcription firm named one of country's fastest-growing companies

Sept. 23, 2010 - PRLog -- While many companies are downsizing in a tough economy, one health information firm is growing by leaps and bounds. NEMT, a New England-based medical transcription company, recently made Inc. 5000's list of fastest-growing companies for the fourth year in a row.

”We're very pleased to have made Inc.com's list of top U.S. companies for the fourth time,” said Linda Sullivan, president and owner of NEMT. “This is a testament not only to our solid business plan, but to the hard work and dedication of the entire NEMT team.”

Each year, Inc.com compiles an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy —America’s independent-minded entrepreneurs.

”The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”

Founded 20 years ago by Sullivan, NEMT has a three-year growth rate of 22 percent, impressive in any economy but especially noteworthy in an economic downturn. Sullivan started out as a medical transcriptionist and after launching her own small business in 1990, now provides transcription services and health information solutions to hospitals and clinics across the country.

NEMT has been steadily growing ever since it was founded but the last year represented a particularly significant milestone. The company grew from four employees in 2008 to 33 employees in 2009.

”In the last few years, we've experienced dramatic growth and results,” Sullivan said. “More recently, we've partnered with the Health Story Project and invested in natural language processing platforms to move forward into the next generation of healthcare information. We're confident that NEMT will continue to pave the way as an industry leader in the transcription field.

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NEMT is one of the nation's top providers of medical transcription. With a workforce of over 250, NEMT guarantees a 98% accuracy rate. The company is a member of AHDI and MTIA and is an Inc. 5000 fastest-growing company for four years running.