MEDSEEK’s revenue grows 346% over five years

MEDSEEK, the leading provider of healthcare enterprise portal connectivity solutions, today announced the acquisition of 58 new hospital clients and a 53 percent increase in one-year revenue backlog, as healthcare industry changes fuel demand for its eHealth solutions.

“The goal of our eHealth ecoSystem is to give healthcare leaders the tools they need to engage patients and their families, provide clinicians with timely access to critical information and coordinate care among all participants”

MEDSEEK’s fiscal year revenue growth over a five-year period – a phenomenal 346 percent – earned the company its debut spot on Deloitte’s Technology Fast 500™. In a record setting year, MEDSEEK’s growth also propelled its rankings on:

• Inc. 5000 – MEDSEEK was named one of the 5,000 fastest growing private companies in the U.S. by Inc. Magazine, jumping to #1473 from its #1723 ranking in 2008; and
• HCI 100 – In its third consecutive year on the HCI 100, MEDSEEK climbed up six spots from the previous year, reaching #72 in the Top 100 List.

During 2009, MEDSEEK also expanded its support of Canada’s health information exchange (HIE) by linking more than 1200 physicians to a complete view of the health records for more than 1.9 million citizens across 29 hospitals.

The MEDSEEK eHealth ecoSystem helps hospitals, physicians and community organizations engage patients and families in their own health care, as well as integrating information into the personal health record (PHR).

“The goal of our eHealth ecoSystem is to give healthcare leaders the tools they need to engage patients and their families, provide clinicians with timely access to critical information and coordinate care among all participants,” stated Peter Kuhn. “MEDSEEK solutions will continue to be a key technology in transcending the meaningful use checklist to achieve measurable results.”

MEDSEEK further cemented its position as an eHealth leader with the foundation and inaugural meeting of the eHealth Council, a group comprised of healthcare executives from across the U.S. and Canada. In 2009, MEDSEEK’s consulting services group provided clients with strategic direction, and the group will publish its first eHealth Patterns guide in March 2010.