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MEDSEEK Ranked on the Inc. 500-5000 List for 5th Consecutive Year
Inc. magazine today ranked MEDSEEK NO. 2431 on its sixth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The company earned the ranking with a three year sales growth of over 100%. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Unified Payments tops this year’s list. MEDSEEK joins Yelp, yogurt maker Chobani, Giftcards.com and KIND among other prominent brands featured on this year’s list. “We are honored to be included again this year on the prestigious Inc. 500|5000 list,” said MEDSEEK CEO, Peter Kuhn. “The demand for MEDSEEK’s strategic patient engagement platform continues to grow as the healthcare marketplace responds to federal mandates for payment reform, requirements for Meaningful Use and the increased demands of patients who want the same type of secure, easy access to their health information that they have to their banking and credit accounts.” Kuhn continued, “Mandatory programs like the Medicare Hospital Readmissions Reduction Program and the pilot Accountable Care Organization program are driving the need for hospitals and health systems to educate patients both before and after their hospital stay.” “At a time when the entire nation is looking for ways to provide better, more affordable health care, engaging patients online will change the game for hospitals and health systems,” added Kuhn. “We attribute our steady growth over the past fifteen years to our proven track record for delivering innovative web and mobile-based patient engagement tools that help hospitals find, attract, retain and better care for patients.” In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year’s list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/5000. "Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. Editor Eric Schurenberg. Methodology The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/500.