Press Releases
Net Health Systems Honored by Inc. Magazine - Inner City 100 Selection for Second Consecutive Year
PITTSBURGH, PA (May 2, 2008) – Net Health Systems, Inc., a provider of integrated software for wound management throughout the care continuum, today announced it has been recognized as one of the 100 fastest growing inner-city companies in the U.S. for the second consecutive year.
Extraordinary growth is the predominant trait of the Inner City 100, a ranking created by Inc. Magazine and the Initiative for a Competitive Inner City (ICIC). With five year revenue growth in excess of 302%, Net Health ranks 44th on the 2008 Inner City 100, a compilation of more than 6,500 company submissions nationwide, the largest in the ten year history of the program.
“We are pleased to have again received this coveted designation from Inc. Magazine and the Initiative for a Competitive Inner City,” said Patrick Colletti, Net Health Systems president. “We are proud to be one of thirteen Pittsburgh companies to have achieved Inner City 100 designation, and only the eighth multi-year local recipient, in the ten year history of the program.”
“We are delighted to celebrate businesses like Net Health Systems that are playing a critical role in urban communities throughout the country,” said David G. Latimore, president and chief executive officer of the Initiative for a Competitive Inner City. “These high-growth businesses help create jobs, income, and wealth for local residents, and they prove our belief that the most effective way to create economic equality in America’s inner cities is to focus on sustainable business growth and investment.”
About Net Health Systems, Inc.
Net Health provides integrated clinical, financial, regulatory software for wound management. Over 7,000 physicians, clinicians, and healthcare professionals across the U.S. use WoundExpert® (www.woundexpert.com) to improve patient care and facility performance. The WoundExpert software is available as a fully integrated electronic medical record for wound centers and an outcomes tracking and risk management system for in-patient, visiting, and telemedical environments.
In 2008, over 400 wound centers will utilize WoundExpert to perform 1.5 million assessments and support reimbursement of more than $400 million in health services. With more than 3 million assessments performed since product launch, WoundExpert provides the industry’s most comprehensive benchmarking data on more than 350,000 healed wounds.
Headquartered in Pittsburgh, Net Health is celebrating its 15th year of operation. The company’s mission continues to be validated through our consistent recognition as one of the fastest growing companies in the U.S. and best places to work in southwestern Pennsylvania.
About Inc.
Inc is the leading magazine written for the men and women who own and manage small-to-mid-sized, fast-growing companies. Published 12 times a year, Inc helps its 1.5 million readers by providing expert advice and practical solutions as they face the opportunities, pitfalls, and rewards of growing a company. www.inc.com, the Web site for growing companies, was named Best Online Magazine by Folio and Best Overall New Publication (all media) by the Computer Press Association.
About the Initiative for a Competitive Inner City
The Initiative for a Competitive Inner City (ICIC) is a national not-for-profit organization founded in 1994 by Harvard Business School professor Michael E. Porter. ICIC’s mission is to promote economic prosperity in America’s inner cities through private sector engagement that leads to jobs, income and wealth creation for local residents. ICIC brings together business and civic leaders to drive innovation and action, transform thinking and accelerate inner city business growth and investment.
Media Contact:
Jim Smith, Director of MarketingPhone: 800.411.6281 ext.24
email: jsmith@woundexpert.com
Net Health Systems, Inc.
40 24th Street, 5th Floor
Pittsburgh, PA 15222
