For the third consecutive year acclaimed international medical recruitment company MedRecruit is a Deloitte Fast 50 finalist. The only other New Zealand company to remain in the competition for three consecutive years after entering in the top three was Trade Me.
Founded by its managing director Sam Hazledine the Queenstown-based company produced 159% percent revenue growth, earning it 46th place in this year's Fast 50 at the competition's annual awards ceremony, held yesterday in Dunedin.
Dr .Hazledine attributes MedRecruit's success to its genuine commitment to doctors and hospitals, and its move in 2009 into the Australian locum doctor market.
“Our ultimate purpose is to help doctors fulfil their dreams and create certainty and confidence for them,” he says.
“To do that we need to keep growing, and the demand for locum work by doctors is high; as such I aim to be in the Deloitte Fast 50 for at least four years consecutively. I am confident of MedRecruit’s ability to achieve this.”
The only other company to enter the Fast 50 as the second fastest growing company and to remain in the Fast 50 for three years or longer is Trade Me, founded by Sam Morgan. In 2006 Trade Me was sold to Fairfax Media for $700m.
Deloitte Partner, Mike Horne has high praise for MedRecruit's achievements.
“Deloitte sees MedRecruit's results as very impressive in that they have now been in the Fast 50 for three years in a row,” Mr Horne says.
“Few companies are able to maintain this level of growth and it is a particular achievement for MedRecruit given that in their first year on the Fast 50 they were number two in New Zealand."
Dr. Hazledine, who founded MedRecruit in 2006, is no stranger to the company's market.
“I have experienced work as a locum doctor and I know very well how much easier MedRecruit’s entry into this market has made locuming for both doctors and hospitals” he says. “Doctors have responded resoundingly to MedRecruit’s unique approach, and even more so since we evolved the entire brand and service offering in July this year and launched several new tools to help our doctors.
“We’ve received a tremendously positive response that shows doctors understand we genuinely care about what they want and the efforts we go to, to make sure we listen and support them.”
MedRecruit has previously been named in the Deloitte Fast 50 as the fastest growing Business Services Business in the Otago Region 2010 and has also won this award nationally in 2009, when the company was also placed 2nd overall in the Fast 50.