CHICAGO, Oct. 2 /PRNewswire/ -- Rising Medical Solutions, Inc. (Rising), a leading medical-financial solutions organization, has again secured a position on the Private Company Index (PCI) "Top 10 Growth Companies" list. This distinction marks Rising's sixth successive quarter as a PCI honoree, making it the longest running Company to achieve such an accomplishment.
Comments Stephen H. Watkins, CEO of PCI sponsor company Entrex, "Rising Medical Solutions represents the unsung sector of American mid-market entrepreneurial companies. Having been honored by the PCI with a Top Growth Award for six consecutive quarters now, their revenue pattern continuously shows strong quarter-over-quarter growth, even during proclaimed 'recessionary periods.' Now that the business sector is widely poised for a recovery, and both business and consumer spending is getting back on track, I look forward to seeing the affect on their performance for the remainder of 2009."
The PCI listing is generated each quarter by PCI analysts who review revenue data for its portfolio companies and identify those that represent the greatest quarter-over-quarter growth (current quarter versus the same quarter in the previous year). In this latest reporting of PCI honorees, the "Top Growth Companies" for Q2 2009 experienced an average quarterly revenue increase of $720,825 and a median quarter-over-quarter growth of 35.03%.
"We are delighted to receive our sixth PCI accolade, reinforcing that we are on the right track to achieving our vision of 'protecting the financial health of healthcare' for the entire US industry," says Rising CEO, Jason Beans. "Our sustained growth and successive inclusions on the PCI since Rising joined the Index in Q4 2007 stems directly from our commitment to providing the highest levels of service to our clients, including product innovation, comprehensive reporting capabilities, and solid customer support."
About the Private Company Index (PCI)
The Private Company Index (PCI) (www.privatecompanyindex.com), published monthly by Entrex, Inc. (www.entrex.net), is a proprietary benchmarking tool that measures revenue performance and activity in the $250 million or less private company sector. The PCI is recognized by investment professionals and financial media as a leading and authoritative source on private company revenue performance. The PCI allows for objective business activity measurement, historical analysis, comparison, and predictive forecasting.
About Rising Medical Solutions, Inc.
Headquartered in Chicago, Illinois, Rising (www.risingms.com) is a leading medical-financial solutions organization that services the auto, workers' compensation, liability, and group health markets. Through its comprehensive medical cost containment, care management, and financial management programs, Rising provides compelling business outcomes to clients nationwide, including insurance carriers, self-insured employers, government organizations, third party administrators, and attorneys.
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SOURCE Rising Medical Solutions, Inc.
|SOURCE Rising Medical Solutions, Inc.|
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