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CodeCorrect Ranked #81 on Inc. List of Fastest Growing Private Companies

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Company Honored for Second Consecutive Year

CodeCorrect, Inc. announced today that it has been ranked for the second consecutive year on Inc. magazine's 2005 List of the 500 Fastest Growing Private Companies in the United States. To be eligible for this year's Inc. 500, companies had to be U.S.-based, independent and privately held through their fiscal year 2004, and have had at least $500,000 in net sales in the base year of 2001. In addition, their 2004 sales had to exceed 2003 sales. Companies are ranked on cumulative three-year sales growth from 2001 to 2004. CodeCorrect placed 81st on the list, with a 1008% growth.

Over the years, the Inc. 500 has identified the next generation of world-class companies, with Microsoft, Stonyfield Farms, Timberland, Oracle, The Princeton Review, Morningstar, Jamba Juice, Gateway, E*Trade, Intuit and Domino's Pizza all appearing on the list before they became industry powerhouses.

Kerry Martin, CEO of CodeCorrect, credits his loyal client base and group of dedicated, client-focused employees with the company's revenue growth. "It's a tremendous accomplishment to make the Inc. 500 list two years in a row," Martin stated. "Our focus has been and will continue to be on the healthcare revenue cycle; researching, developing and delivering quality products complemented by exceptional customer service, all with the primary goal of streamlining the reimbursement process for our clients."

CodeCorrect's growth has always been due to its ability to help hospitals and physicians manage the complexity of reimbursement from health insurers for outpatient services. Martin stated, "Our customer-focused approach to product development ensures our clients have a forum for providing input, which allows us to build products that enable them to achieve revenue cycle optimization and integrity."

CodeCorrect has approximately 650 hospital clients throughout the United States, including Aurora Health Care, the largest health system in Wisconsin; Methodist Hospital in Houston; and Henry Ford Health System, the largest health system in Michigan. CodeCorrect also serves about 5,000 physician groups, totaling approximately 20,000 individual physicians in all 50 states.

About CodeCorrect

CodeCorrect, a United Communications Group, Inc. company is dedicated to protecting the healthcare system by simplifying information and improving communication through the integration of products, knowledge and technology. With online, one-stop coding and compliance solutions, CodeCorrect gives healthcare organizations the tools and information they need to achieve and maintain fiscal health. CodeCorrect solutions have been peer reviewed by the Healthcare Financial Management Association and are trusted and used in nearly 650 hospitals and by thousands of physicians nationwide. For more information on CodeCorrect, visit www.codecorrect.com or call 877-937-3600.

Distributed by Market Wire


 
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