MediConnect Global Plans 100-Employee Expansion to Facilitate Rapid GrowthMay 17, 2011 | Industry News Release
MediConnect Global today announced its plan to hire 100 new employees across multiple departments, including software engineers, operations support and management, medical coders, account management, administration and executive assistants. MediConnect's hiring expansion reflects the company's steep growth trajectory, which is being driven by accelerating demand from the company's rapidly expanding client base.
MediConnect is a worldwide leader in two key industries within the healthcare sector. The company operates one of the largest - if not the largest - cloud-based health information exchanges in which they facilitate the retrieval, digitization, storage, and delivery of medical records via the Internet with their best-in-class patented technology and processes. This service is utilized by clients in the health insurance, life insurance, and legal industries as well as directly by consumers and medical providers of all kinds. The addition of online document management and coding features have helped them to establish a large, loyal and expanding client base, including four of the five leading health insurers in the United States.
In addition, MediConnect leverages its database of more than 6 million digitized records - the largest in the industry - to serve the consumer market with the most comprehensive electronic personal health record (PHR) platform, myMediConnect (www.mymediconnect.net). The online service also provides a wealth of wellness resources, including an online dietician and fitness tracker. Combined, this system helps consumers to better manage their health records and their health. myMediConnect was one of only four PHR systems chosen by the U.S. federal government to participate in an expansive, ongoing Medicare pilot project with CMS.
"We feel extremely fortunate that MediConnect is continuing to grow during such a tenuous time in the economy," said Amy Rees Anderson, CEO of MediConnect Global. "We are bullish on where we are headed as a company and have worked diligently to become the best-positioned company in the market to capture and provide value to our clients. Our ability to stay one step ahead of the current trends in healthcare, which include the rapid emergence of personal health records for consumers and the demand for consumers to become more engaged in their own healthcare, enables MediConnect to excel at guiding both health payers and providers to meet this need."
The unique ability of the MediConnect team to anticipate and respond the evolving needs and market demand from organizations and consumers alike has resulted in sustained, long-term growth for the company. In the past six years, its revenue has grown more than 1,100 percent, ranking it No. 155 on the Deloitte Technology Fast 500 fastest-growing companies in North America, and has achieved the distinction of appearing on the Inc. 5,000 list for the past four consecutive years.
"The sustained economic performance of MediConnect has been nothing short of extraordinary," said James Lee Sorenson, board chair for MediConnect Global. "With the excellent leadership and the quality of the workforce they have assembled, we have come to expect the extraordinary from this company - and it has consistently delivered. I am certain that this new 100-person infusion of talent will enable the company to further extend its market leadership."
MediConnect Online Press Room
Additional information about MediConnect, including access to past press releases, high-resolution images, and company background information is available at www.mediconnect.net/press_kit.asp.
About MediConnect Global
MediConnect Global Inc. (www.MediConnect.net) is the worldwide leader in innovative medical record retrieval, digitization and management for organizations and individuals. As one of the largest cloud-based health information exchanges, MediConnect uses patented delivery processes to help organizations turn inefficient processes into centralized, Web-based workflows that increase project transparency and dramatically reduce time and cost. The company is equally committed to empowering individuals to take control of their own healthcare, which begins with ownership of the information found on their medical records. All MediConnect users benefit from the largest single repository of medical records gathered from throughout the world-more than 6 million strong. All MediConnect products and services feature strong HIPAA standards-based security.