ATLANTA, Nov. 16, 2015 /PRNewswire/ -- Wellcentive, the leader in population health management and value-based care solutions for healthcare organizations, announced today that it has been named to the 2015 Deloitte's Technology Fast 500™, an exclusive annual ranking of the 500 fastest growing technology, media, telecommunications, life science and energy tech companies in North America.
Ranked No. 172 overall, the Alpharetta, Georgia-based company reported a three-year revenue growth of 465 percent from 2011 to 2014, while more than doubling its staff of clinical, technology, service, sales and market experts. This substantial growth placed Wellcentive No. 6 among healthcare information technology companies and No. 2 for the state of Georgia.
Tom Zajac, Wellcentive's CEO, credits the company's growth to his team's passion to support its customers. "Nothing is more important to us than partnering with our customers to help them drive revenue and improve the value of the care they deliver," said Zajac. "Since 2005, we have been dedicated to our mission of providing the technology, solutions, services and insight to help our customers manage the complexities of the healthcare environment, and drive improved financial, clinical, and human outcomes. We are honored to be recognized in the Deloitte Fast 500, which is a tribute to our customers, our outstanding team, and our commitment to improving healthcare."
Wellcentive enables healthcare organizations - health systems, physicians, accountable care organizations, employers and payers – to drive quality, revenue and support the transformation to value-based care. The company's solutions aggregate data for patients across all points of care, apply analytics to identify and stratify patient health, trends and risk, and deliver action-based workflows that proactively manage patient health and aggressively forecast outcomes and costs for populations.
"Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology's continued disruption and proliferation across industries," said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. "It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year's Fast 500 and look forward to seeing their continued growth into 2016."
"Through the efforts and utilization of new and emerging technologies from these companies, we are witnessing greater business demands from across almost all industries," added Jim Atwell, national managing partner of the emerging company practice, Deloitte & Touche LLP. "We look forward to the opportunity to serve these companies as they strive to grow to the next level – be it towards introducing new solutions or entering new markets – and with it make important and long lasting impressions on the technology market as a whole."
About Deloitte's 2015 Technology Fast 500™
Deloitte's Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2011 to 2014.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Since 2005, Wellcentive has driven quality improvement, revenue growth, and business transformation for providers, health systems, employers, and payers transitioning to value-based care. Recognized as an industry leader for delivering immediate and tangible results, Wellcentive's analytics simplify complex data from all points of care, advancing comprehensive care management and payer collaboration. Customers achieve more than $500 million annually in value-based revenue, improving outcomes for more than 30 million patients. Visit www.wellcentive.com; follow us on Twitter, LinkedIn and Facebook; or call 877-213-8456 to learn more.
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