Orange, CA, Aug. 30, 2011 (GLOBE NEWSWIRE) -- Newport Medical Solutions, A leading provider of surgeon focused billing, coding, and consulting services, today announced it was named to the 2011 Inc. 500|5000 list. Newport Medical Solutions ranked No. 1324 overall, 99th in the health industry and 93rd in the Los Angeles Metro Area on the annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy.
"We’re honored to be named on the 500|5000 list this year, and we’re proud to be recognized among the leading enterprises that drive the U.S. economy," said Josh Klinge, Chief Operations Officer for Newport Medical Solutions. "Our growth indicates that medical practices have recognized, in our rapidly changing healthcare environment, Newport Medical Solutions expertise and knowledge is vital to their success."
Each year, Inc. Magazine releases its 500|5000 List, which ranks the fastest-growing, private companies in the U.S. The list results are based on the percentage of revenue growth from 2007 to 2010. To qualify, companies must be based in the United States and have earned minimum revenue of $100,000 in 2007 and minimum revenue of $2M in 2010.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. magazine Editor Jane Berentson.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
About Newport Medical Solutions
Headquartered in Orange, California, NMS is innovator in complete revenue cycle management.
For more information, please visit www.NewportMed.com or call 714-385-1721.