MEDSEEK Reports Most Profitable Year Ever With Record Sales and Delivery Figures in 2009

29 Hospitals and LHIN 3 Canada sign new deals, 30 Hospitals Launch eHealth Solutions

MEDSEEK, the leading provider of healthcare enterprise portal connectivity solutions, has 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.

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.

About MEDSEEK
Since 1996, MEDSEEK has focused exclusively on eHealth and creating a better experience for constituents across the healthcare enterprise, including consumers, patients, family members, physicians, employees and payers. The eHealth ecoSystem optimizes the healthcare experience for constituents by leveraging an organization’s existing IT investments and infrastructure to facilitate secure, timely information access and exchange. From our leading content management system used by more than 775 hospitals to innovative patient portals and our award-winning clinical portal, the eHealth ecoSystem’s browser-based technology removes traditional integration and communication barriers, creating a “virtual front door” for the hospital.

For more information, visit www.medseek.com MEDSEEK