ClarisHealth, a leading provider of a payment integrity technology platform for health plans, ranked on the Inc. 5000 for the third year in row. The company is one of the fastest-growing private software company in Tennessee with three-year revenue growth of 248-percent.
NEW YORK and BRENTWOOD, Tenn., August 16, 2022 /PRNewswire-PRWeb/ -- Today, Inc. revealed that ClarisHealth, provider of the industry's leading payment integrity platform for health plans, is No. 2362 on its annual Inc. 5000 list. This is the third year running that the company has ranked on the list, the most prestigious ranking of the fastest-growing private companies in America.
"I applaud our team for their commitment to innovation and winning in a time of change," says ClarisHealth CEO Jeff McNeese. "They are compassionate communicators with a challenger mindset that allow us to excel with our health plan clients and meet consistent growth objectives in order to rank among this esteemed group of companies."
The companies on the 2022 Inc. 5000 represent the top 0.07-percent of private companies in terms of growth. They have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of COVID-19.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
This ranking is the latest recognition of ClarisHealth's significant growth trajectory. Just this year, the company ranked on The Financial Times list of The Americas' Fastest Growing Companies, ranked as one of the top-ten Largest Healthcare IT Companies in Nashville, was honored on the Forbes list of America's Best Startup Employers 2022, and ranked on the Inc. 5000 Regionals Southeast as the fastest growing private company in Tennessee.
The Inc. 5000 represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment—its independent businesses. This year, among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.
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/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.
ClarisHealth, an Inc. 5000 and Deloitte Technology Fast 500 company and recognized as a "major contender" in payment integrity by Everest Group, is the answer to the health plan industry's siloed solutions and traditional models for identification and overpayment recovery services. ClarisHealth provides health plans and payers with total visibility into payment integrity operations through its proprietary, A.I.-powered cost containment technology platform Pareo®. Pareo enables health plans to maximize cost avoidance and recoveries at the most optimized cost for a 15x return on their software investment.
More about Inc. and the Inc. 5000
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 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.
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com. For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.
Amanda Bair, ClarisHealth, 1 855-425-2747, [email protected]