Crain’s FastFifty Ranks Rising Medical Solutions Fastest Growing Company, Third Consecutive Year
CHICAGO, June 11, 2012 /PRNewswire/ — Adaptability is crucial in a volatile and competitive market like insurance. Rising Medical Solutions, a medical cost containment company that provides services to payers of medical claims, has been able to introduce much needed products rapidly due to its entrepreneurial culture, flexible ideology and engaged leadership. Crain’s is recognizing Rising as one of Chicago’s fastest growing companies, ranking the company for a third consecutive year on the Crain’s FastFifty list.
Reflective of Rising’s ability to adapt to the marketplace with agility and speed is the Company’s roll-out of a pharmacy intervention program which uses dashboards and analytics to monitor prescription drug use. The pharmacy intervention program uses business intelligence to identify prescription drug misuse, abuse, and diversion. It’s a tool Rising innovated to help curb the prescription drug epidemic, and one of many tools Rising uses to reduce medical costs and achieve better treatment outcomes.
Not only has Rising experienced consistent revenue growth, the company has also saved America’s healthcare system more than $2 billion in waste – in the form of erroneous, inappropriate, fraudulent and excessive billings. In 2011 alone, Rising cut more than 60 cents of billing waste out of every healthcare dollar it reviewed.
“Getting ranked on the Crain’s FastFifty for the third year honors all of Rising’s employees who work so hard every day to do what’s right,” says Jason Beans, Founder and CEO of Rising. “Ultimately, our employees’ efforts and innovations keep patients healthy, make the system more efficient and pleasant for all parties, and help curb America’s healthcare costs.”
To honor the award recipients, there will be a Crain’s FastFifty Breakfast, June 21, 7:30 – 10 am at the Radisson Blu in Chicago. To view the complete FastFifty list, please visit Crain’s ChicagoBusiness.com.
About Rising Medical Solutions Inc.
Rising Medical Solutions is a national medical-financial solutions firm that provides medical bill review, hospital bill review and medical cost containment 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.
SOURCE Rising Medical Solutions