ATLANTA, Oct. 11 /PRNewswire/ -- Coalition America, Inc. has again been named to Deloitte & Touche, LLP's prestigious Technology Fast 50 annual award program for Georgia, a ranking of the 50 fastest-growing technology, media, telecommunications, and life sciences companies in the state by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2001-2005. Coalition America's increase in revenues of 56 percent from 2002 to 2006 resulted in a #40 ranking in the Technology Fast 50 for Georgia.
"To rank on Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over five years. Coalition America has proven to be one of the fast-growth success stories in Georgia, and we applaud their dedication to making their vision a reality," says Guy Budinscak, office managing partner of Deloitte's Atlanta/Birmingham practice.
"We are very excited to be recognized again for this award," said Sean Smith, chairman & CEO for Coalition America. "We have always considered ourselves a leader in our market space, and it is gratifying to see that we also continue to be a leader in our business community," said Smith.
The Georgia Technology Fast 50 program is presented by Deloitte, and sponsored by Kilpatrick Stockton LLP, NASDAQ and Technology Association of Georgia, in association with media sponsor PR Newswire.
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in Georgia, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology.
Coalition America, Inc. (CAI) is a market leader providing a comprehensive solution to managing healthcare costs. CAI has developed a seamless process for integrating Carrier Level Cost Containment including fraud detection services, claim editing, Carrier PPO access, chronic disease and utilization management services, and out-of-network/non-participating provider cost control services. This integrated approach to cost containment has a greater impact on the overall management of benefits costs and will help to control the annual rate of increase in healthcare spending. The Atlanta-based healthcare savings company directly services over 250 clients representing more than 12,000 businesses nationwide. CAI has saved its clients over $1 billion since inception.
For more information about Coalition America please visit http://www.CoalitionAmerica.com or contact Libby Ricks, director of marketing and public relations at 404-459-7201, ext. 5265 or LibbyRicks@CoalitionAmerica.com.
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Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche LLP.
|SOURCE Coalition America, Inc.|
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