RESTON, Va., Aug. 14, 2015 /PRNewswire/ -- hCentive, the leader in health insurance exchange solutions, announced today the company is ranked #333 on the 34th annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The firm is also ranked #19 among Virginia-based companies and was ranked #117 on the Inc. 5000 2014 list. hCentive offers state government agencies, brokers and carriers reliable and easy-to-use marketplace solutions that are compliant with Patient Protection and Affordable Care Act of 2010 (PPACA) guidelines. hCentive's full profile can be found here: http://www.inc.com/profile/hcentive.
The 2015 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 18 to September 22), is the most competitive crop in the list's history. The average company on the list achieved a mind-boggling three-year growth of 490%. The Inc. 5000's aggregate revenue is $205 billion, generating 647,000 jobs over the past three years.
- hCentive had a 1,407% annualized three-year growth rate
- Revenue for 2014 reached $35.6 million
- An impressive 688 jobs were added
- Ranking #19 on the list of Virginia-based companies
Sanjay Singh, Co-Founder & Chief Executive Officer, hCentive, Inc.
"Through our streamlined and constantly improving technology, plus hiring top talent, we have been able to achieve consistent year-over-year growth. The Inc. 5000 has reached iconic status for firms that are striving to build momentum and we are pleased with our ranking and our bright prospects for the future. We have simplified the management of health insurance plans for all parties involved, including government agencies, carriers, brokers, and, most importantly, the end consumer. We continue to refine and improve our technology and processes and look forward to accelerated growth through 2015 and beyond."
At hCentive, our mission is to empower everyone to gain access to health benefits. We are a leader in public and private exchange solutions that simplify the distribution and management of health insurance and ancillary benefits. Our WebInsure™ solutions fully support government agencies, insurance carriers, and brokers as they engage consumers and businesses and offer transparent access to benefits choices. Our innovative technologies deliver an integrated online benefits shopping and enrollment experience that is convenient and available anytime and anywhere. For more information, visit www.hcentive.com.