Award Recognizes the Fastest Growing U.S. Healthcare Companies
July 31, 2012 (Scottsdale, AZ) -- GlobalMed, the industry leader in real-time telemedicine products and services, today announced it has been recognized in Modern Healthcare’s brand new Healthcare’s Hottest award. The magazine’s Healthcare’s Hottest program recognizes the fastest growing healthcare companies that are headquartered in the U.S., have at least $20M in revenue for 2011 and have been in business for five years or more.
GlobalMed systems help control costs and allow practitioners to provide quality healthcare to areas where it hasn’t been accessible or convenient for patients. Telemedicine continues to be one of the few recession-proof markets for any business due to the increase in cost consciousness and budget control concerns among end users. Up to 70% of doctor office visits and 40% of emergency room visits are unnecessary. Many of these conditions can be handled effectively with a telemedicine solution.
“We have designed systems that can make healthcare available to millions more in the United States as well as around the world,” said Joel E. Barthelemy, Managing and Founding Director of GlobalMed. “This award draws attention to the fact that healthcare decision-makers are looking to our company to provide them with the solutions that meet their needs.”
“Being named to Modern Healthcare’s list of the Healthcare’s Hottest for 2012 demonstrates GlobalMed’s ability to increase their financial health despite the economic downturn and tepid recovery,” said Fawn Lopez, Vice President and Publisher of Modern Healthcare.
GlobalMed’s award-winning, products, services and intellectual properties exceed even the most challenging requirements for access, mobility and cost-effectiveness.
The 2012 Healthcare’s Hottest program identified the 40 fastest growing companies in the following sectors:
· Hospitals/hospital systems
· Physician group practices
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All submitted financial documentation was tabulated and analyzed by Modern Healthcare. A sample of Modern Healthcare’s tabulations were independently assessed by the accounting and management consulting firm of Deloitte & Touche, a subsidiary of Deloitte LLP, which provides audit, tax, consulting, and financial advisory services to companies of all sizes including a practice dedicated to middle-market firms