Natick, MA – August 31, 2010 – Interbit Data, a leading provider of software and services for improving healthcare efficiency, today announced it has been named to Inc. Magazine’s exclusive list of the 5,000 fastest growing private companies in the United States for the second year in a row. The company ranked No. 1902 as a result of achieving over 142% growth from 2006 to 2009, a significant move up from its ranking of No. 2909 on the 2009 Inc. 5000 list. This growth places Interbit Data at No. 152 in the health industry ranking and No. 64 among Boston, MA area companies.

“Our continued growth during this economy is not only proof of our staying power, it is confirmation of the significant value our software delivers in terms of time and cost savings,” said Arthur Young, president of Interbit Data. “We are dedicated to helping healthcare providers improve the level of care by addressing their challenges with streamlining operations, distributing patient data and reports, and ensuring access to critical patient records during system downtimes.”

Since 1997, Interbit Data has sold its software solutions for improving operational efficiency to over 650 healthcare providers and organizations in the U.S., Canada and U.K. The company offers three types of solutions that contribute to increased productivity, reduced costs, and, ultimately, better and more consistent patient care:

• Information distribution – automates the secure transfer of information over the Internet in multiple formats (print, fax, email or file), easily integrating it into physician practices’ electronic medical records (EMRs) using the industry standard HL7 format.
• Business continuance – ensures up-to-date patient data is readily available in the event of a network or system outage.
• Scheduling and workforce automation – automates manual scheduling, enabling organizations to easily implement a complex schedule and efficiently manage staff.

The 2010 Inc. 5000 serves as a unique illustration of the profound changes taking place in the U.S. economy. Despite the fact that most of this year’s measuring period of 2006-2009 took place during the latest recession, aggregate revenue among the companies on the list actually increased to $321.6 billion, up more than 50 percent from last year. The effects of the recession are seen, however, in the median three-year growth rate, which dropped to 96 percent from last year’s 126 percent.

This year’s Inc. 5000 employ a record 1.4 million people, up from one million on last year’s list. The Health sector is the top employer with 287,726 jobs, followed by Business Products & Services (230,066), Food & Beverage (108,344), Human Resources (107,924), and Retail (96,858).

The top five industries by total revenue are Business Products & Services ($84.7 billion), Health ($48.3 billion), Consumer Products & Services ($26.4 billion), Retail ($22.3 billion), and Government Services ($15.1 billion).

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on www.inc.com/5000.

Inc. 5000 Methodology

The 2010 Inc. 5000 is ranked according to percentage revenue growth when comparing 2006 to 2009. To qualify, companies must have been founded and generating revenue by June 30, 2006. Additionally, they had to be based in the United States, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2009. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2006 is $80,000; the minimum for 2009 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. The top 10 percent of companies on the list constitute the Inc. 500, now in its 29th year.

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.

Natick, MA – August 20, 2009 – Interbit Data, a leading provider of software and services for improving healthcare efficiency, today announced it has been named to the Inc. Magazine list of the 5,000 fastest growing private companies in the United States. The company ranked No. 2909 as a result of achieving over 96% growth from 2005 to 2008, a growth rate that is 70% more than other companies in the same industry. This is Interbit Data’s first year listed on the Inc. 5000.

“For a smaller yet thriving company like ours, it is an honor to be named to this exclusive list and recognized for our vision and dedication to delivering software solutions that help healthcare providers improve their level of patient care,” said Arthur Young, president of Interbit Data. “Achieving growth in this economic climate is further testament of our ability to respond to the IT challenges of healthcare organizations by streamlining operations, speeding and securing data exchange, and ensuring secure access to critical patient records during information system downtimes.”

Since 1997, Interbit Data has sold its healthcare IT solutions to over 600 healthcare providers and organizations in the U.S., Canada and U.K. The company offers three types of solutions that contribute to increased productivity, reduced costs, and, ultimately, better and more consistent patient care:

• Information distribution – automates the secure transfer of information over the Internet in multiple formats (print, fax, email or file), easily integrating it into electronic medical records (EMRs) using the industry standard HL7 format.
• Business continuance – ensures up-to-date patient data is readily available in the event of a network or system outage.
• Scheduling and workforce automation – automates manual scheduling, enabling organizations to easily implement a complex schedule and efficiently manage staff.

The 2009 Inc. 5000 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 an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com.

This year’s list also offers a preview of which industries are poised for growth in coming years. Healthcare is the top industry by both total revenue ($22.7 billion) and total employment (156,223 jobs).

Inc. 5000 Methodology

The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent — not subsidiaries or divisions of other companies — as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The top 10 percent of companies on the list comprise the Inc. 500, now in its 28th year.

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.