Edmond Economic Development Authority
The Arrow - Edmond Business News

Introducing The Arrow!

Welcome to the new EEDA newsletter, The Arrow! This once monthly newsletter will feature business profiles, monthly EEDA reports, upcoming event information and relevant news and information for your business. If you enjoyed E-Journal or Commercial Corner in the past, we hope you will find The Arrow just as informative and useful.

Featured Edmond Business

Innovative Healthcare Systems, Inc.Innovative Logo

Date Established: 1996
Number of Employees: 110
Product/Service: Outsourced Business & Technology for Healthcare Providers and Hospitals

Innovative's Founder and CEO Ron Decker lived in Edmond and believed that Edmond was emerging from a bedroom community to an attractive and viable place to grow Innovative's corporate headquarters. With an educated workforce, energetic and capable university and career-tech system plus a strong family and faith-based community, Edmond had it all for the growing company.

Innovative continues to grow its revenue through an organic strategy that works with early adopters in the changing healthcare environment. Over the past six months, Innovative has met its new business targets and added more than 10 percent to its full time workforce. In addition, Innovative has been able to more than double its revenue over the past ten years while growing its workforce by only 50 percent. This has been accomplished through a significant technology investment.

With the ongoing changes in the financing and delivery of healthcare, Innovative will continue to evolve and enhance its product and service mix to meet the needs of healthcare systems. By unbundling services, Innovative will be in a unique market position that allows the company to meet specific needs in the post Affordable Care Act environment within healthcare. The company expects continued growth in all of its business units with more significant growth in its consulting and knowledge specific divisions.

Innovative believes that an engaged workforce is vital for the success of the company and adding value to its clients. Investing in the community is part of Innovative's engagement strategy for its workforce. Innovative has and will continue to be involved in enhancing the community through employee volunteer participation. Innovative takes pride in being a part of the Edmond community.

For more information, visit

Innovative Healthcare Systems, Inc. and all Edmond businesses featured in The Arrow during 2014 will be entered into the EEDA's Featured Business Award contest. A winner will be chosen from among the year's featured businesses and will be recognized at the Edmond Economic Preview in January 2015.

Monthly Reports

Business Barometer
The pulse of the local economy.
December 2013 Report

Retail Sales Tax Report
Sales tax information from NAICS Codes 44-45 & 72.
December 2013 Report

Hotel Market Report
A look at Edmond's hotel economy.
December 2013 Report

Sales Tax Per Capita Chart
Sales tax collections per person trend.
December 2013 Chart

City of Edmond Building Permits
December 2013 Permits

Edmond-Area Transactions
December 16-31 Transactions
January 1-15 Transactions

For more Edmond data and demographics, visit

Upcoming Events

4o'clock 4cast presents: 2014 Edmond Economic Preview

Please join the EEDA for drinks, hors d'oeuvres, networking and an expert panel discussion.

Thursday, Jan. 30
3 to 5 p.m.

University of Central Oklahoma
Nigh University Center

$40 until Wednesday, Jan. 29
$50 day of the event

If you would like to pay by credit card, visit
To use another form of payment, please contact Donna Young at (405) 340-0116 or

Sponsored by:

News & Information

EEDA launches new website
The EEDA recently launched a new website, which features a more user-friendly format for those looking to establish, expand or relocate their business to Edmond. The updated site was designed and developed by Edmond-based Back40 Design.
Read more

Oklahoma Economic Report
A publication of the Office of the State Treasurer
View the report

For more Edmond news updates, subscribe to the EEDA RSS Feed or visit