NEW YORK and ANN ARBOR, Mich., Aug. 27, 2020 /PRNewswire/ -- Inc. magazine revealed that WRS is on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment — its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000. WRS ranked number 2328 on the 2020 Inc. 5000.
"We're honored to be named on the annual Inc. 5000 list and I'm proud of the work our team has accomplished," said Scott Loewe, founder and managing partner of WRS. "We are on a mission to eradicate opioid dependency in orthopedics, and we are just getting started. WRS is committed to providing best in class, pain management and recovery solutions for injured workers so they can return to work as quickly, and safely, as possible. We are proud to serve these essential workers who drive America forward during uncertain and challenging times."
Loewe founded WRS in 2009 because he thought there was a better way to manage orthopedic post-operative pain and rehabilitation. Now, as a musculoskeletal healing company, WRS provides strategic offerings to help combat the opioid epidemic. WRS is the national leader in Cold Compression Therapy (CCT).
The companies on the 2020 Inc. 5000 are competitive within their markets and the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000's aggregate revenue was $209 billion in 2019, accounting for more than 1 million jobs over the past three years.
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 www.inc.com/inc5000.
"The companies on this year's Inc. 5000 come from nearly every realm of business," says Inc. editor-in-chief Scott Omelianuk. "From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism."
The annual Inc. 5000 event honoring the companies on the list will be held virtually from Oct. 23-27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.
More about Inc. and the Inc. 5000
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly-acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference, visit http://conference.inc.com/.
More about WRS
As a national provider of world-class cold-compression therapy and point of care dispensing, WRS is focused on developing innovative programs that make patient recovery more efficient and effective, without driving up the cost to the payors. Their multi-modal approach to pain management combats the runaway opioid epidemic head on, and helps drive consistently better outcomes for patients. WRS Pharmacy Solutions and U.S. WorkForce Rx provide non-opioid based pharmacy benefit management solutions for workers compensation patients. The WRS family of companies helps patients who have suffered a work-related accident get back to their pre-injury and productive lifestyle, as quickly and as pain free as possible. To learn more, visit www.wrs.us.