INC. RELEASES RANKINGS FOR AMERICA’S FASTEST-GROWING PRIVATE COMPANIES
August 28, 2014 – Chicago, IL – For the seventh consecutive year, Rising Medical Solutions (Rising) has earned a spot on Inc. magazine’s Inc. 500|5000 list, an exclusive ranking of the nation’s fastest-growing private companies. The honor roll represents the most comprehensive look at a vital component of the economy—America’s independent businesses. Companies such as Microsoft, Zappos, Pandora, Patagonia, Jamba Juice, Under Armour, Oracle, and other notable alumni have been members of the Inc. 500|5000.
“There’s been a lot of investment and consolidation in our industry in recent years,” says Rising Founder and CEO, Jason Beans. “Rising’s ability to achieve consistent growth while remaining a private organization is a testament to our exceptional employees and our incredible customer partnerships.”
Inc. 500|5000 companies demonstrate impressive results. Over the last three years, their average growth rate was 516 percent with collective revenue of $211 billion, and 505,000 new jobs generated.
Beyond Rising’s own direct job creation, the company’s financial impact on America’s healthcare system is roughly equivalent to 150,877 years of employment added back to the economy. Considering the country’s healthcare challenges, Rising’s ability to improve patient outcomes, increase efficiencies, and reduce billing waste provides tangible advancements to a system in need.
“For 33 years, Inc. has welcomed the fastest-growing private companies in America to an exclusive club. This prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success,” says Inc. magazine Editor-in-Chief, Eric Schurenberg.
Methodology
The 2014 Inc. 500|5000 is ranked according to percentage of revenue growth when comparing 2010 to 2013. To qualify, companies must have been founded and generating revenue by March 31, 2010. They have to be US-based, privately held, for profit, and independent-not subsidiaries or divisions of other companies-as of December 31, 2013. The minimum revenue required for 2010 is $100,000; the minimum for 2013 is $2 million. Complete results of the Inc. 500|5000 can be found at inc.com.
About Rising Medical Solutions
Rising Medical Solutions is a national medical-financial solutions firm that provides medical care management and medical cost containment services to the workers’ compensation, auto, liability and group health markets.