2009-11-26 / Community News

Blackhawk Healthcare Ranks as the 8th Fastest Growing Company in Austin

Blackhawk Healthcare, owner of Richards Memorial Hospital in Rockdale, 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% 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.”

Blackhawk Healthcare is an owner and operator of small community and Critical Access Hospitals.

“We conduct all business from the heart. We are a very valuescentered organization and we attribute our growth and success to the amazing team members we are blessed to have working in our organization.” said Blackhawk CEO Matthew Hainline. He also said “Keys to our growth are holding ourselves at a high level of integrity, being of service and wanting more for the communities we serve.”

Black hawk’s plans for 2010 are to acquire three to four additional hospitals and possibly add service lines to support our hospitals and communities. There biggest challenges are assessing and preparing for the impact and changes in healthcare reform.

About Little River Healthcare System Little River Healthcare System formed in November 2006 when Blackhawk Healthcare merged with Richards Memorial Hospital to create a healthcare system dedicated to providing high quality, patient-centered care to the community. 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. Our energized and committed team of employees, physicians and volunteers work together everyday to deliver our mission. For more information about Little River Healthcare System, please visit their website at www.lrhealthcare.com

Blackhawk Healthcare is headquartered in Austin, Texas, Blackhawk Healthcare is an owner and operator of small community and Critical Access Hospitals. Blackhawk’s desire is to transform rural healthcare by working synergistically with each rural community to build confidence and pride through improved healthcare delivery.

We are passionately dedicated to the uniqueness of rural healthcare and improving the community by bringing the resources required to meet the broader needs of each “hometown” we touch. Blackhawk owns and operates hospitals in Rockdale, TX, Bastrop, TX and Mangum, OK.

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