Kareo Earns Spot on Inc. 500|5000 List for the Second Year in a Row Kareo recognized as a Top 100 software company after delivering 641% growth over three years
IRVINE, Calif., Aug. 20, 2013 /PRNewswire/ -- Kareo, Inc., the cloud-based medical office software and services provider for small medical practices, announced today its place on the 2013 Inc. 500|5000 list. Inc. Magazine's seventh annual Inc. 500|5000 is an exclusive ranking of the nation's fastest growing private companies. Kareo was included in the Top 100 Software Companies and ranked among the top 15% of all 5,000 companies at number 722.
"This year has been an important one for not only our company but for our customers," said Dan Rodrigues, CEO and founder of Kareo. "We expanded our offerings with the launch of two important new solutions, Kareo EHR and Kareo Billing Services, designed to help physicians focus on delivering outstanding patient care rather than on managing distracting administrative tasks. We are honored that our focus on meeting the needs of our customers has resulted in our inclusion on the Inc. 500|5000 list for the second year in a row."
Today, Kareo has more than 20,000 physicians using its integrated EHR, practice management, and billing solutions with this user base growing rapidly every month. Kareo expects this growth to continue as small practices turn to Kareo to help them address the challenges of delivering care in an uncertain and rapidly changing environment. In support of the tremendous market demand for its solutions, Kareo is proud to have created over 200 new jobs over the last three years.
The Inc. 500|5000 list represents a comprehensive look at the most important segment of the economy -- America's independent entrepreneurs. The 2013 Inc. 500|5000 list is ranked according to percentage revenue growth between 2009 and 2012. The median company on this year's list grew an impressive 140 percent over this period, while the average list member grew an astounding 468 percent. To qualify, companies must have been founded and generating revenue by March 31, 2009, and have revenue no less than $2 million in 2012. Additionally, they must be U.S.-based, privately held, for profit, and independent. For complete results of the Inc. 500|5000, visit http://www.inc.com/inc5000.
Inc. is the only major business magazine exclusively for the CEOs of fast-growing, private companies and delivers real solutions for today's innovative executives. Inc. provides hands-on resources and market-tested strategies for managing people, finances, sales, marketing, and technology. For more information, visit http://www.inc.com.
Kareo is the only cloud-based medical office software and services platform dedicated to small practices. At Kareo, we believe that, with the right tools and support, small practices can do big things. We offer an integrated suite of products and services designed to help small practice physicians get paid faster, run their business smarter, and provide better care. Our Practice Management software, Billing Services, and free, full-featured EHR help more than 20,000 medical providers more efficiently manage the business and clinical sides of their practice. Headquartered in Irvine, California, Kareo's mission is to help providers spend their time focused on patients, not paperwork. For more information, visit www.kareo.com.
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SOURCE Kareo, Inc.