Brightree Named to Inc. 5000 for Fifth Year in a Row
ATLANTA – August 21, 2014 – Brightree®, the leading provider of cloud-based clinical, billing and business management software solutions for the post-acute care industry, announced today that it has been recognized on the Inc. 5000 annual ranking of the fastest-growing private companies in America for the fifth consecutive year. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Traditionally known for its leadership position in the Home Medical Equipment (HME) market, Brightree has extended its investments in hospice, home health and infusion solutions, as well as in surrounding services – such as patient and private payments, revenue cycle management (RCM), portal-based ordering systems and referral acceleration and management relationships.
The 2014 list rankings were determined based on growth in company revenue between 2010 and 2013. During this timeframe, Brightree experienced a 175 percent growth rate, earning $74.9 million in 2013.
“We are proud to be named a five-time honoree on the Inc. 5000 list as it’s a testament to the commitment and passion of our entire team,” said Dave Cormack, CEO of Brightree. “Post-acute care—including home medical equipment, home health, and hospice—are playing an increasingly important role in transforming U.S. healthcare to heighten patient satisfaction while also lowering costs. Our innovative technology and services enable providers to become more strategic and more efficient, so they can enhance financial performance while improving overall patient care.”
The 2014 Inc. 5000 is ranked according to percentage revenue growth when comparing 2010 to 2013. To qualify for the 2014 Inc. 5000, companies must have been founded and be generating revenue by March 31, 2010. They also must be U.S. based, privately held, for profit, and independent—not subsidiaries or divisions of other companies. From a financial perspective, they must have generated at least $100,000 in revenue in 2010 and at least $2 million in revenue in 2013. 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.
About Inc. and the Inc. 5000 Founded in 1979 and acquired in 2005 by Mansueto Ventures , Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com/.
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions. For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.
Brightree is the leading provider of cloud-based software to improve clinical and business performance in the post-acute care industry. The Company serves more than 3,000 organizations in the home medical equipment (HME), home health, hospice, orthotic and prosthetic (O&P), HME pharmacy, home infusion and rehab home care segments. Brightree’s solutions follow the natural workflow of providers to automate and improve how they manage their businesses, serve patients, and protect reimbursements. The company is ranked as one of the top 100 healthcare IT companies in the U.S. on the prestigious Healthcare Informatics 100 (HCI 100) list. For further information, visit brightree.com or call 1.888.GET-BTRE (438-2783).
Brightree is a registered trademark of Brightree LLC.