KING OF PRUSSIA, Pa., Nov. 17, 2016 /PRNewswire/ -- Greenphire, the global leader in clinical payment solutions, announced today that it has been named to Deloitte's 2016 Technology Fast 500, which recognizes the fastest-growing technology, media, telecommunications, life sciences, and energy technology companies in North America. Greenphire grew 190 percent during this period, putting the company at number 369 on the list. "We are honored to be recognized by Deloitte among the most elite, fastest-growing companies in North America," said Jim Murphy, CEO of Greenphire. "Our growth is a result of the clinical trial industry's focus on both site and patient centricity. With two unique solutions designed to eliminate manual processes, streamline operations and improve the clinical trial experience for all involved, we poised to continue this tremendous growth for years to come." Greenphire provides best-in-class payment solutions designed to optimize clinical trial research site operations. Its two solutions, eClinicalGPS and ClinCard, enable better payments to sites and clinical trial participants, resulting in a more efficient, streamlined trial operations. "Today, when every organization can be a tech company, the most effective businesses not only foster the courage to explore change, but also encourage creativity in using and applying existing assets in new ways, as resourcefully as possible," said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications industry leader. "This ingenious approach to innovation calls for the encouragement of curiosity and collaboration both within and outside the office walls." "This year's Fast 500 winners showcase that when organizations are open to diverse perspectives and insights, they are able to create an environment for their employees and customers to see the possibilities and ingenious solutions that might lie ahead," added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. "Entrepreneurial environments foster change and innovation within businesses, and we look forward to watching these companies continue to drive change across all sectors." Overall, 2016 Technology Fast 500™ companies achieved revenue growth ranging from 121 percent to 66,661 percent from 2012 to 2015, with median growth of 290 percent.