PARSIPPANY, N.J., Aug. 18 /PRNewswire/ -- MD On-Line, Inc. has been named to Deloitte's prestigious Technology Fast 50 Program for New Jersey, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP, one of the nation's leading professional services firms. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999-2003.
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"The Deloitte New Jersey Technology Fast 50 companies have shown the strength, vision and temerity to succeed despite a very challenging technology environment," said Paul Mlynarski, Tax Partner and Chair of the New Jersey Technology Fast 50. "We applaud the successes of MD On-Line and acknowledge their place as one of the very few to accomplish such a fast growth rate over the past five years."
"To succeed during prosperous times is one thing; to succeed in adversity is much more challenging, and that's exactly what the Deloitte Technology Fast 50 winners have done. We applaud MD On-Line for its tremendous accomplishments during economically challenging times and for being one of the elite Fast 50 companies in New Jersey." MD On-Line's 461 percent increase in revenues from 1999 to 2003 resulted in ranking number 19 in this year's Technology Fast 50.
MD On-Line's CEO Bill Bartzak credits the company's focus and persistence with Health Insurance Payers and Healthcare Providers for the company's outstanding growth to date. He said, "By attending to our core strengths and committing ourselves to technological excellence and first class customer attention, MD On-Line has succeeded in meeting many of the challenges facing our industry."
Winners of the 19 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Fast 50 or Fast 500 programs, visit http://www.fast500.com/ .
About MD On-Line
Founded in 1995 and locally headquartered in Parsippany, New Jersey, MD On-Line, Inc. is a health care technology company that works closely with both providers and payers to increase electronic healthcare transactions between the parties utilizing the MD On-Line suite of products. MD On-Line's products offer providers an all-payer electronic claim and transaction solution. MD On- Line's services are available today on several payer websites including HealthNet, PacifiCare, Oxford Health Plans, BCBS LA, and BCBSMS. MD On-Line works closely with these and other payers to achieve the common goal of increased electronic transactions.
About Deloitte
Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. Known as an employer of choice for innovative human resources programs, the firm is dedicated to helping its clients and its people excel. "Deloitte" refers to the associated partnerships of Deloitte & Touche USA LLP (Deloitte & Touche LLP and Deloitte Consulting LLP) and subsidiaries. Deloitte is the US member firm of Deloitte Touche Tohmatsu. For more information, please visit Deloitte's web site at http://www.deloitte.com/us .
Deloitte Touche Tohmatsu is an organization of member firms devoted to excellence in providing professional services and advice. We are focused on client service through a global strategy executed locally in nearly 150 countries. With access to the deep intellectual capital of 120,000 people worldwide, our member firms, including their affiliates, deliver services in four professional areas: audit, tax, financial advisory services and consulting. Our member firms serve more than one-half of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies.
Deloitte Touche Tohmatsu is a Swiss Verein (association), and, as such, neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu" or other related names. The services described herein are provided by the member firms and not by the Deloitte Touche Tohmatsu Verein. For regulatory and other reasons certain member firms do not provide services in all four professional areas listed above.
Photo: http://www.newscom.com/cgi-bin/prnh/20010427/NYTH038LOGOMD On-Line, Inc.CONTACT: William Bartzak, President and CEO of MD On-Line, Inc.,1-973-924-9999, BillB@mdon-line.com
