910.7% Revenue Growth Places MedServe
in HBJ’s
'Houston Fast 100'
Represents Highest Ranking of a Healthcare Services Company
HOUSTON (Business Wire EON/PRWEB ) October 15, 2008 --
MedServe, with its operating subsidiaries, ENSERV, ENVIROSOLVE,
and MedShred, has been recognized as one of Houston Business
Journal’s FAST 100 companies for 2008.
With a percentage of revenue growth of 910.7% for the period of 2005
through 2007, MedServe was ranked 3rd in this
year's “HOUSTON FAST 100,”
as announced at a gala awards ceremony at the Westin - Galleria Hotel in
Houston, TX.
MedServe, Inc. (a Delaware corporation) is a fast-track growth company,
headquartered in Houston, providing regulated medical waste and
hazardous waste management and compliance solutions for hospitals and
patient care clinics as well as physician, dental, veterinary offices,
clinical referral laboratories, dialysis centers, blood banks,
pharmacies, and other medical, clinical, academic, research,
pharma-manufactors, and generators of products with hazardous,
regulated, and infectious waste by-products.
With the integration of more than 20 companies into its operations in
the past two and a half years, the company continues to expand its
services organically in its goal to become a strong player in the
medical waste management sector nationwide. As of June 1, 2008, MedServe
has 25 operating locations, six medical waste processing facilities, one
waste water treatment plant, and 118 medical waste collection routes
with 21 permitted transfer stations serving nearly 20,000 customers in
23 states.
ENSERV provides turnkey medical waste services that include waste
minimization programs, waste liability management, DOT, OSHA, and HIPAA
compliance and medical waste collection, transportation, treatment and
disposal. It offers sharps compliance management and disposal programs
through its STARserv(sm) program. ENSERV
launched a unique one-stop compliance Web portal in 2008 called SAFEserv(sm)
that helps small-to-medium-sized health care providers nationwide to
manage their OSHA, HIPAA, and Blood Borne Pathogen compliance training
and regulatory safety needs online with tools and resources.
ENVIROSOLVE provides clinical, industrial, and household
hazardous waste collection and disposal for businesses and
municipalities. As a full-service hazardous waste company with emergency
response, strategically located hazardous transfer stations, waste water
treatment facility, oil reclamation services, lab pack responders,
recycling hydrocarbons waste services, and radioactive waste,
Envirosolve is a single-source-solution provider for healthcare and
other industries.
MedShred is a proprietary provider of eco-friendly, patented
mobile medical waste treatment services that converts onsite
bio-hazardous waste into benign HIPAA compliant solid waste that can be
disposed of safely in any municipal landfill.
MedServe was formed in late 2005 through the merger of MedShred, Inc.,
led by Roger Ramsey, and ENSERV, LLC founded and led by Mike Fields and
two other senior officers from the former BFI Medical Waste. Ramsey was
the founder and CEO of Allied Waste Industries and co-founder of
Browning-Ferris Industries. Fields was the former president of BFI
Medical Waste, the worldwide leader in the category prior to its
acquisition by a competitor in 1999.
The company’s capital funding sources include
Avista Capital Partners of New York, Chrysalis Ventures, Murphree
Venture Partners, Cogene BioTech Ventures, and Erasmus Louisiana Growth
Fund. The National Venture Capital Association noted the 2006 investment
size to be an industry record.
More information on MedServe can be found on its website: http://medserve.com.
See the original story at: http://eon.businesswire.com/releases/medical_waste/revenue_growth/prweb1477854.htm
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