The 2008 Inc. 500, as revealed in the September issue of Inc. magazine (on newsstands August 26 - September 30), reported aggregate revenue of $13.7 billion and median three-year growth of 1,046%. Total sales for Inc. 500 companies were 14 percent below last year's combined revenue of $16 billion; still, it was a stellar year for many companies. Not only did sales for this year's top 50 growers outstrip those of last year's top 50 by $541 million, but this year's fastest 50 also boasted a staggering 47 percent jump in average three-year growth from last year's top of the class. Additionally, the 2008 Inc. 500 companies were engines of job growth, having created more than 51,414 jobs since those companies were founded.
Complete information on this year's Inc. 500, including company profiles and a list of the fastest-growing private companies that can be sorted by industry and region can be found at http://www.inc5000.com.
"It's a tremendous honor to be recognized alongside such elite company by this prestigious magazine and I consider this ranking to be a real tribute to the hard work of our employees and loyalty of our customers," said Sinaiko. "I believe we had a solid business plan in place that allowed us to take advantage of a unique opportunity in the healthcare marketplace, but the fact is that we could not have achieved this rapid growth without the hard work of our staff, our coders, and other members of the management team."
Methodology
The 2008 Inc. 500/5000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, independent -- not subsidiaries or divisions of other companies -- as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007.
About Inc. Magazine
Founded in 1979 and acquired in
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