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Fastest Growing Technology Companies in the Southeast

By doubling its revenue RemitDATA ranks in the Top 4% of all companies analyzed by market research firm Lead411.

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Remitdata-Lead411 Release _071

MEMPHIS, TN – (July 13, 2010) – RemitDATA, Inc., the industry expert in reimbursement and utilization data and analysis in the outpatient healthcare market, announced today that the Los Angeles-based market research firm Lead411 has completed their annual Hottest Companies in the Southeast awards and RemitDATA ranked in the Top 91 companies for the region.

Lead411 researched over 2400 companies in the region during a yearlong process. In order to receive the award a company must achieve one or more of the following requirements; 100% increase in revenues over the previous three years, over $1M in funding in previous two years and/or doubling traffic to their website in one year with 1M unique visitors a month.

“We are honored to win this recognition from Lead411. Our dramatic growth through this difficult economy is a testament to the hard work of our team, and the loyalty of our customers,” said Dave Ellett, CEO of RemitDATA.

All companies receiving the award must operate in Software, Wireless, Internet or Media and must be privately owned. Lead411 has been tracking the fastest growing technology organizations since 2001 and the company’s goal has been focused on reporting quality corporate data to executives instead of reporting massive amounts of company records that are left open for interpretation.

“It’s exciting to see that our dedication to customer service and our commitment to providing revenue transparency to our clients is paying off. Our research and development teams have proven that we are building software that the provider markets are demanding. Clearly, our web-based, revenue-cycle solutions are filling a critical business need in this chaotic healthcare environment,” added Michael Sanderson, President of RemitDATA.

About RemitDATA
Founded in 2000, RemitDATA, Inc. helps 25,000+ health care providers improve practice profitability by delivering web-based tools focused on reimbursement and utilization issues within the revenue cycle process. The company’s easy-to-use web-solutions work alongside any practice management system to eliminate payer denials, increase workflow efficiencies and maximize revenue. RemitDATA guarantees its tools and offers powerful patented, custom-benchmarking reports which compare provider performance against real-time industry data each quarter. Based in Memphis, TN, the Company has enjoyed an average 90%+ client renewal rate since its inception. For more information, visit www.remitdata.com.

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