Systemic Need for Medical Cost Containment Vaults Company Up the Ranks

CHICAGO, Sept. 1 /PRNewswire/ -- As healthcare continues to take center stage, there's an increasing demand for effective medical cost containment. Proof of that need: Rising Medical Solutions' surge up the Inc. 5000 list by nearly 2500 spots in two years.  It's the third year in a row that Inc. magazine pins Rising (www.risingms.com) to its list of fastest growing private companies in America.  

(Logo:  http://photos.prnewswire.com/prnh/20080206/AQW030LOGO-b)

(Logo:  http://www.newscom.com/cgi-bin/prnh/20080206/AQW030LOGO-b)

Rising lands on the list's top third for growth, along with music website Pandora and convenience store chain 7-Eleven. It's the same list that big name brands – Microsoft, Zappos, Patagonia and UnderArmour – once graced.

"Our progress speaks to the need we're meeting in the healthcare industry and in this economy. As businesses are being squeezed, they're looking for solutions that result in better efficiencies, higher quality healthcare and a fairer price point," said Jason Beans, CEO of Rising.

Despite the fact that the data collected to create this year's list included a time period of recession and staggering unemployment, revenues for Inc. 5000 companies increased. Their total revenue tally was $322 billion dollars, up more than 50 percent from last year. The 2010 list also shows employment growth with a record of 1.4 million people added, up from one million on the 2009 list.

"The leaders of the companies on this year's Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression," said Inc. President Bob LaPointe. "The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs."

In Rising's industry, 'hardy' is not an option, it's a requirement. "We review and manage billions of dollars worth of healthcare dollars through our various service offerings, and that's a lasting commitment we make to clients.  They need know that their money is safe with us and that we're going to be around for the long haul," said Beans.

Read about Inc.'s selection methodology: http://www.inc.com/inc5000/2010/inc-5000-methodology.html

About Rising Medical Solutions Inc.

Rising Medical Solutions (www.risingms.com) is a national medical-financial solutions firm that provides leading medical cost containment, care management and financial management services to the group health, auto, workers' compensation, and liability markets. Inc. magazine and the Private Company Index (PCI) rank the Chicago-based company as one of the fastest growing private enterprises in America.

Available Topic Expert(s): For information on the listed expert(s), click appropriate link.

Jason Beans

https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=73105

Media Contact for Interview

Leslie Yeransian / 617.733.1225 / [email protected]

SOURCE Rising Medical Solutions Inc.