Health Union Ranked No. 162 Fastest Growing Company in North America on Deloitte's 2018 Technology Fast 500™
Attributes 622 percent revenue growth to dedication to putting people first
Nov 15, 2018, 11:00 ET
PHILADELPHIA, Nov. 15, 2018 /PRNewswire/ -- Health Union today announced it ranked No. 162 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Health Union grew 622 percent from 2014 to 2017.
Health Union has experienced exponential growth since launching its first community – Migraine.com – in late 2010. Today, Health Union manages 19 condition-specific online communities (with more to come) that provide safe and supportive environments for people to learn, connect and share experiences of life with chronic health conditions. Simultaneously, these communities enable healthcare companies to create smarter, more effective solutions to meet patient needs.
"Health Union's impressive growth can be directly linked to our mission to help people live better with challenging health conditions," said Health Union co-founder and CEO Olivier Chateau. "This has helped us to build both a first-of-its-kind sustainable online community model that puts people first and maintain a consistent culture within our team that inspires them to make a real difference for all the people in our communities."
Overall, 2018 Technology Fast 500™ companies achieved revenue growth ranging from 143 percent to 77,260 percent from 2014 to 2017, with median growth of 412 percent.
"Congratulations to the Deloitte 2018 Technology Fast 500 winners on this impressive achievement," said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. "These companies are innovators who have converted their disruptive ideas into products, services and experiences that can captivate new customers and drive remarkable growth."
About Deloitte's 2018 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 2014 to 2017.
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, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About Health Union
Health Union encourages social interactions that evolve into valuable online health conversations, helping people with chronic conditions find the information, connection and validation they seek. The company creates condition-specific online ecosystems - publishing original, daily content and continuously cultivating social conversation - to support, educate and connect millions of people with challenging, chronic health concerns. Today, the Health Union family of brands includes 19 online health communities, including ParkinsonsDisease.net, MultipleSclerosis.net, Blood-Cancer.com and Type2Diabetes.com.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
SOURCE Health Union, LLC