Pharmacy OneSource Ranks No. 669 on the 2007 Inc. 5,000 with 3-Year Sales Growth of nearly 500%
August 25, 2007 (PRLEAP.COM) Health NewsNew York, NY — Inc. today ranked Pharmacy OneSource No. 669 on its first-ever Inc. 5,000 list of the fastest-growing private companies in the country. Pharmacy OneSource also placed 44th in the top 100 private companies in the Health industry. The company's sales growth was 494.4% from 2003 to 2006.
"We believe there is strong correlation between our placement on Washington CEO's Best Companies list and our inclusion among the Inc. 5,000 companies. Software services are a manifestation of the processes and people driving the company — and ours are top quality," said Keith Streckenbach, Chief Strategy Officer of Pharmacy OneSource. "Given our newest technology, Sentri7, and the federal and state mandates on reporting and reducing hospital acquired infections and medication errors, we're confident this is the first year of many on the laudable Inc. 5,000 list."
The Inc. 5,000, an extension of Inc. magazine's annual Inc. 500 list, catches many businesses that are too big to grow at the pace required to make the Inc. 500, as well as a host of smaller firms. Taken as a whole, these companies represent the backbone of the U.S. economy.
"The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy — the entrepreneurial part," said Inc. 5,000 Project Manager Jim Melloan. "The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies in industries like Manufacturing and Construction that are underreported in the business media."
The 2007 Inc. 5,000, as revealed online at www.inc.com, reported median revenue of $9.4 million and median three-year growth of 140 percent. Complete information on this year's Inc. 5,000, can be found at www.inc.com/inc5000. The list features a profile for each company, almost all of them written as a result of Inc. interviews with management. In addition, the list is searchable according to numerous criteria, including industry, city, state, region, and year founded.
The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held, independent — not subsidiaries or divisions of other companies —- as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006.
About Pharmacy OneSource (www.pharmacyonesource.com)
Pharmacy OneSource is pharmacy's #1 documentation and formulary Software-as-a-Service (SaaS) provider. Our nearly 50 innovative team members provide best-in-class, SaaS solutions to current and future challenges within health-system pharmacy worldwide. Our SaaS solutions contribute to high performance pharmacy through better outcomes, lower costs and system-wide results. More than 1,000 healthcare organizations worldwide utilize our HIPAA compliant web-based services: Accupedia, Amplifi, Quantifi, ScheduleRx, Sentri7, Simplifi 797, and UnitStock.
About Inc. (www.inc.com)
Inc.com, the Daily Resource for Entrepreneurs, delivers advice, tools, breaking news, and rich multimedia to help business owners and CEOs start, run, and grow their businesses more successfully. Inc.com publishes information and advice covering virtually every business and management task, including marketing, sales, finding capital, and managing people.