Blackhawk among fastest growing in Austin

Business journal tabs healthcare company 8th for rapid growth

AUSTIN - Blackhawk Healthcare has been named one of the fastest growing private businesses in Austin, according to the Austin Business Journal. The company was announced as the 8th fastest growing company with over $10 Million in revenue at the Journal's FAST 50 awards ceremony, held at the Renaissance Austin Hotel.

"It's exciting to be recognized as one of the fastest-growing companies during these challenging economic times," said Blackhawk CEO Matthew Hainline. "This award highlights the significant growth we've experienced over the past three years - growth that we attribute to our focus on communities in need and the amazing team members we are proud to have working in our organization."

Fifty central Texas-based private companies were ranked on the FAST 50. Rankings are determined by the average revenue growth when combining net revenue figures from 2006, 2007 and 2008. Blackhawk experienced a 180-percent growth in the last three years.

"Blackhawk's success in our hospitals is because of the people that work there," said Hainline. "To be listed as one of Austin's FAST 50 shows that our team is succeeding at delivering quality healthcare to communities in need."

Hainline said growth plans for 2010 include acquiring three to four additional hospitals and possible addition of services.

Plans were recently announced for an expansion of Richards Memorial Hospital, a part of the local Little River Healthcare System.

Little River Healthcare System formed in November 2006 when Blackhawk Healthcare merged with Richards Memorial Hospital.

Little River Healthcare System is currently comprised of 5 facilities in surrounding areas: Richards Memorial Hospital, Family Care Center, Little River Medical Clinic-Rockdale, Little River Medical Clinic- Cameron and Little River Orthopedics and Rehabilitation.

For more information about Little River Healthcare System, please visit their website at www.lrhealthcare.com

BLACKHAWK HEALTHCARE

Headquartered in Austin, Blackhawk Healthcare is an owner and operator of small community and Critical Access Hospitals. The company's goal is to transform rural healthcare by working with each rural community to build confidence and pride through improved healthcare delivery.

Blackhawk owns and operates hospitals in Rockdale, Bastrop and Mangum, Oklahoma.

For more information about Blackhawk Healthcare, please visit their website at www.blackhawkhealthcare. com


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2009-11-19 digital edition



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