SearchAmerica’s CFO, Tom Velin, Named 2008 CFO of the Year by The Minneapolis/St. Paul Business Journal

SearchAmerica’s Chief Financial Officer, Tom Velin, has been named the 2008 CFO of the Year in the small private company category by The Minneapolis/St. Paul Business Journal. This second annual award program honors executives who provide outstanding financial leadership and results, as well as demonstrating a commitment to the betterment of their community. The awards were presented on November 11, 2008, at the Minneapolis Hilton.

“All of us at SearchAmerica are pleased to see Tom Velin formally recognized for his financial management capabilities that have set SearchAmerica on a course for success today and in the years to come,” commented Daniel Johnson, President and CEO of SearchAmerica. “He is a model executive and person, and we are honored to have him on our team. His diligence and intelligence are irrefutable, but it is also his ability to mentor existing staff and improve their performance that makes him stand out.”

Mr. Velin has served as CFO at SearchAmerica since 2007. Under his financial leadership, the company has experienced a fifty per cent growth in sales of its core products and is committed to achieving consistent profitability. In May 2008, Velin’s role was expanded to Executive Vice President, CFO, and Chief Operating Officer (COO). His responsibilities include finance, administration, customer service, revenue cycle services, and technical and implementation services.

About SearchAmerica, Inc.

SearchAmerica leads the industry financially clearing patients using address verification, prediction of payment, and automated screening for charity, Medicaid, and other government programs with its Software-as-a-Service (SaaS) solutions. The company provides a complete range of products that are used by more than 1,000 hospitals to improve their revenue cycles. SearchAmerica’s quality and accuracy is best in class, and healthcare providers benefit from smarter data which produces a healthier bottom line. Documented case studies prove a significant return on investment, consistent with favorable public relations. For additional information, please contact SearchAmerica at 763-416-1000 or visit www.searchamerica.com.

Contacts

SearchAmerica
Bruce Nelson, 763-416-1000
Vice President Sales and Marketing
Bruce.Nelson {at} searchamerica(.)com