Minnesota health IT firm sees rapid growth, now seeks capital



By Arundhati Parmar, MedCity News

“As the e-clinical software market has seen rapid growth, Minnetonka, Minnesota-based MedNet Solutions, which makes web-based clinical study management tools, has shared in some of that bounty.

Earlier in August, the health IT firm made the list of Inc. magazine’s 5,000 fastest-growing, privately held companies for the fifth year in a row. This time, MedNet Solutions ranked 4,085 and showed a 30 percent growth in three years with revenue climbing to $11.2 million last year from $8.6 million in 2008.”

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  • http://twitter.com/casey__allen Casey Allen

    Did that guy really just write “e-clinical software”?

    Love how this is the new wave emerging here. It's not sexy, but I think we'll see three local 100m+ exits in the next 5 years in the non-device healthtech space.

    The ripple effects will be awesome.