ClarisHealth, the industry's only provider of integrated payment integrity technology for health plans, now included in an elite group of consecutive-year honorees with its fifth year in a row ranking on the Inc. 5000 annual list of the fastest growing companies in America. Less than 1% of ranking companies have made the list five years in a row.
BRENTWOOD, Tenn. and NEW YORK, Aug. 13, 2024 /PRNewswire-PRWeb/ -- Inc. revealed today that ClarisHealth ranks for the fifth year in a row on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. Since the Inc. 5000 started in 1982, only 4% of companies have made the list five times. Fewer than 1% of companies have made the list five years in a row, as ClarisHealth has done this year.
"It is a significant milestone to rank on this list even once," said ClarisHealth CEO Jeff McNeese. "To rank five years in a row is an incredible honor."
Making the list gets harder every year as a company's starting base grows. ClarisHealth credits its continuous growth to accelerated adoption of its integrated technology platform Pareo® by health plans focused on digital transformation of their payment integrity operations.
"Year after year, the hard work, resilience and ingenuity of our team never ceases to amaze me," continued McNeese. "They are laser focused on our mission to create a better way to drive claims payment accuracy, and working together with our health plan clients, they are accomplishing just that."
This ranking is the latest recognition of ClarisHealth's hypergrowth trajectory:
- It is the highest-designated Major Contender in Everest Group's Payment Integrity Solutions PEAK Matrix® Assessment 2024.
- Earlier this year, it secured a significant strategic growth investment from Pamlico Capital.
- It was awarded #276 on the Financial Times list of The Americas' Fastest Growing Companies 2024.
The prestigious ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges.
"One of the greatest joys of my job is going through the Inc. 5000 list," says Mike Hofman, who recently joined Inc. as editor-in-chief. "To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year's honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce."
Among this year's Inc. 5000 companies, the Software category saw the highest growth rate, and ClarisHealth's hometown of Nashville, Tenn., was a top 5 city for honorees per capita. In all, this year's honorees have added 874,458 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.
About ClarisHealth
ClarisHealth, a five-time Inc. 5000 and two-time Deloitte Technology Fast 500 company and recognized in the Gartner Hype Cycle for U.S. Payers and Everest Group's Payment Integrity Solutions PEAK Matrix® Assessment, provides health plans and payers with a better way to drive claims payment accuracy. Its proprietary, A.I.-powered enterprise technology platform Pareo® enables health plans to maximize cost avoidance and recoveries at the most optimized cost for an industry-leading ROI. For more information please visit www.clarishealth.com.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.'s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.
Media Contact
Amanda Bair, ClarisHealth, 1 8554252747, [email protected], www.clarishealth.com
SOURCE ClarisHealth
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