The MMAC/COSBE Future 50 program was created nearly 30 years ago as an event to recognize the outstanding achievement of local, fast-growing entrepreneurs. Members of the Fi-Med team celebrated along side other winners at the awards luncheon held September 17, 2009 at the Hilton Milwaukee City. Fi-Med was awarded the “Master Mettle Award”, an honor reserved exclusively for three time winners. You can read all about it here. All 50 winners were asked to share their key strategies for surving the economic turndown, those interviews can be found by clicking this link.
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Inc. Magazine Unveils Exclusive List of America’s Fastest-Growing Private Companies-the Inc. 5000
Fi-Med Management, Inc. Ranks No. 1344 on the 2009 Inc. 5000 with Three-Year Sales Growth of 237.7%
NEW YORK, August 12, 2009–Inc. magazine today ranked Fi-Med Management, Inc. NO. 1344 on its third annual Inc. 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-America’s independent-minded entrepreneurs. Consumer electronics maker Vizio, Internet giant GoDaddy, rental car service Zipcar, and beverage maker Honest Tea are among the prominent brands featured on this year’s list.
“Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate, ” said Inc. 5000 project manager Jim Melloan. “That’s why our list is so eagerly anticipated every year.”
Fi-Med Management, Inc. is an award-winning financial management firm providing comprehensive claims, coding, billing, lockbox and financial reporting services to the medical industry.
The 2009 Inc. 5000, unveiled today on Inc.com, serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy. Complete results of the Inc. 5000, including company profiles and interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com.
Alas, Fi-Med’s Adrian Velasquez and Christine Krause weren’t chosen for this year’s Ernst & Young finalists, but we want to extend our sincere congratulations to this year’s winners. Adrian and Christine are passionate supporters of our region’s business community and its entrepreneurs, and all of us at Fi-Med salute you and your achievements!
Adrian and Christine were very honored to be nominated by CPA firm Clifton Gunderson LLP this year, and our offices were buzzing with excitement Friday when the E+Y team came for their site review. Adrian and Christine have worked hard to push Fi-Med beyond the boundaries of a traditional medical billing firm, and they deserve recognition for many of the bold and entrepreneurial achievements that helped get us here. We’re all anxiously awaiting the finalist results on April 28, wish us luck!
“Far and above a traditional medical billing company, Fi-Med’s portfolio of services includes accounts receivables management, sophisticated lockbox services, claims appeals, encounter form scanning and transmission, compliance monitoring and risk reduction, contract negotiation, coding and credentialing, in-depth client training, detailed reporting and data analysis.”
“These companies are fine examples of how ethical companies in Wisconsin should
behave”, said Randall Hoth, president/CEO of the Wisconsin BBB. “Their business
practices make Wisconsin a better place to do business, and I applaud their commitment
“The businesses and charities were judged on their demonstrated excellence in ethical practices, service excellence, reputation, honest advertising, peer recognition, management practices and employee training in ethical behavior.”
“Our employees are our most valuable resource. We create an accountable, proactive environment. Exceptional employee benefits include a 401K plan, where Fi-Med has contributed 5+ percent of employee salary annually whether the employee participates or not. In December 2006, Fi-Med rented a luxury bus and took more than 40 employees to lunch in Chicago and then to see ‘Wicked.’ T-shirts for all.” - Adrian Velasquez, Fi-Med Management, Inc.