Paquin Healthcare Recognized by Inc Magazine as One of the Fastest Growing Companies
Celebration, FL, Wednesday, August 12, 2009 - Paquin Healthcare Companies, the nation’s leading retail healthcare consultancy, today announced that it has been named to the prestigious Inc 500 list released by Inc magazine each year. This list honors the 500 fastest growing private companies in America with Paquin Healthcare earning position number 291. The Florida-based firm was one of only 43 companies ranked in the health industry category and was recognized among businesses that focus on stem-cell research, clinical trials and medication management. Notable alumni of the Inc 500 list include Microsoft, Patagonia, and Oracle.

Inc magazine reported Paquin Healthcare has enjoyed a four-year growth in revenue of 799.7%. Paquin’s core business model has been to provide hospitals with the expertise, products, and technology infrastructure to meet the retail needs of their customers. This has led to a revamping of hospital-based retail outlets to contemporary stores reminiscent of a similar trend in airports adopted over a decade ago. Historically, hospital systems in the United States have overlooked hundreds of millions of dollars of potential retail healthcare revenue. Retail health products and services recommended by a trusted healthcare provider, can make a significant difference in patient compliance, patient readmission rates, and improved patient satisfaction scores. Paquin Healthcare has worked with over 200 hospitals across the country to develop scalable retail business plans, online hospital commerce systems, and has managed the implementation of unique retail hospital-based store concepts.

Tony Paquin, CEO and Founder, is recognized nationally as the leading authority on healthcare consumerism issues and has advised hundreds of hospitals on retail healthcare strategies. In his book, The Retail Healthcare Revolution, Paquin predicts healthcare consumers will create the largest retail movement in history. Retail healthcare sales now exceed $500 billion annually and are poised to reach $1 trillion within five years. Paquin Healthcare is on the leading edge of that retail revolution.

Paquin states, “I am honored to have the Paquin Healthcare team recognized for our innovative and pioneering efforts in one of the most vital industries in the nation. Every day our employees come to work with an entrepreneurial spirit and a commitment to improve the financial vitality of America’s health industry.” “Each member of our team is personally vested in our success and the success of our clients; a fact that sets us apart from other firms and is a key factor in our reaching this milestone,” Paquin added.

About Paquin Healthcare
Paquin Healthcare, the nation’s leading specialist in healthcare-based retail, is an alliance of industry leading experts and resources created to assist hospitals in the identification and implementation of healthcare retail and online commerce strategies. The company’s core mission is to increase revenue opportunities and minimize risks for healthcare organizations. As Medicare reimbursement rates continue to be pressured downward and expenses rise, new sources for non-reimbursed revenues are becoming essential to the financial viability of hospitals.
More details at : http://www.paquinhealthcare.com

About Inc. 500 Selection Criteria
The Inc. 500|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 (a number of companies on the list have gone public or been acquired since that date). Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. Full-time and part-time employees are included in the head count; independent contractors are excluded.

Contact:
Gloria Caulfield
VP of Marketing
407-782-9787, mobile
407-566-1010, ext 269
gloria.caulfield@paquinhealthcare.com

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Retail Healthcare Revolution
The Retail Healthcare Revolution

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Retail Healthcare Inc. 500
Ranked #291

Paquin Healthcare Companies earned the position of #291 on the 2009 Inc. 500, the
fastest-growing private Companies in America.
eHealthcare Leadership Award
2009 Winner

Paquin Healthcare
was named winner of the 2009 eHealthcare Leadership Awards.
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