Los Angeles-based provider of medical coding services ranks No. 96 on the 2008 Inc. 500, with three-year sales growth of nearly 2,000% to $18.5
million in annual revenues
LOS ANGELES, Aug. 25 /PRNewswire/ -- Inc. magazine today ranked The Coding Source No. 96 on its 27th annual Inc. 500 list of the fastest-growing private companies in the U.S. The list is the most comprehensive look at the most important segment of the economy -- America's independent-minded entrepreneurs.
The Coding Source was recognized for an astounding three-year sales growth rate of 1,965%, culminating in annual revenues last year of $18.5 million. In addition to its overall ranking in the top 100 for growth, The Coding Source ranked third among fastest-growing companies in the "Health" industry.
The Coding Source was founded in 2002 by Los Angeles native Greg Sinaiko, in response to the critical shortage and urgent need in the healthcare marketplace for qualified, certified medical coders. His vision quickly found success and the company now offers outsourced medical coding services, training of professional coders, Certified Professional Coder (CPC) educational programs, and chart review and physician education for health plans related to Medicare Risk Adjustment. Last fall, the company ranked second on the Los Angeles Business Journal's list of Fastest Growing Private Companies in Los Angeles and Sinaiko was recently selected as a finalist for the 2008 Ernst & Young Entrepreneur of the Year award in Los Angeles.
"If you want to find out which companies are going to change the world,
look at the Inc. 500," said Inc. Editor Jane Berentson. "These are the most
innovative, dynamic, fast-growing companies in the nation -- the ones
coming up with solutions to some of our knottiest problems, creating
systems that let us conduct business faster and easier, and manufacturing
products we soon discover we can't live without. The Inc. 500 lis
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