MEQUON, Wis., Aug. 19, 2016 /PRNewswire/ -- Inc. magazine today ranked Wonderbox Technologies, an agile, innovative software firm that is part of the SKYGEN USA family of benefit solutions companies, No. 2238 on its 35th annual Inc. 5000, 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. Companies such as Microsoft, Dell, Domino's Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.
"Many health payers are still using 30-to-40-year-old green screens as their core systems," said Craig Kasten, chairman and co-founder of SKYGEN USA. "Our explosive growth over the past few years reflects that payers are realizing they must either move quickly to become cyber benefits organizations or risk becoming extinct. We are proud this success has led to Wonderbox Technologies making its debut at number 2238 on the 2016 Inc. 5000 List."
Much of SKYGEN USA's growth over the last few years has come from helping health payers make the leap from old methodologies to becoming cyber benefits organizations. A cyber benefits organization is one that transforms the current health benefit landscape by offering an information-rich environment that connects all patrons while delivering benefits faster and at substantially lower costs than traditional approaches.
The 2016 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 23) is the most competitive crop in the list's history. The average company on the list achieved a mind-boggling three-year growth of 433%. The Inc. 5000's aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8% of all jobs created in the entire economy during that period. 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 Inc. 5000 list stands out where it really counts," says Inc. President and Editor-In-Chief Eric Schurenberg. "It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great – usually from scratch. That's one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails."
The annual Inc. 5000 event honoring all the companies on the list will be held from October 18 through 20, in San Antonio, TX. Speakers include some of the greatest entrepreneurs of this and past generations, such as best-selling author and strategist Tony Robbins, SoulCycle co-founders Elizabeth Cutler and Julie Rice, Cornerstone OnDemand founder, president and CEO Adam Miller, Marvell Technology Group director and co-founder Weili Dai, and New Belgium Brewing co-founder and executive chair Kim Jordan.
"Being named to the prestigious Inc. 5000 List for the first time in company history is a milestone achievement," said Greg Borca, co-founder and owner of SKYGEN USA. "It is a testament to the quality of the team we have built over the last few years. And to our vision of helping government agencies, commercial entities, and managed care organizations make the transition to cyber benefits organizations through innovative technology and unmatched expertise. We are honored to be recognized in such great company."
About Wonderbox Technologies
Wonderbox Technologies, part of the SKYGEN USA family of companies that specialize in benefit management solutions, is a distinguished, agile software company focused on building next-generation technology for the specialty payer market. This technology enables healthcare payers to remain at the forefront of benefit management by using one of the world's most innovative and flexible technology platforms to dramatically improve automation, achieve compliance and reduce the cost of delivering healthcare benefits. To learn more, visit www.wonderboxtech.com.
About SKYGEN USA
SKYGEN USA is a collection of benefit solution companies that brings together a distinguished mix of next-generation benefit management and technology tools for healthcare organizations. Business units under the SKYGEN USA brand include Wonderbox Technologies, Scion Dental, Vestica Healthcare, American Therapy Administrators, Ocular Benefits, and Hylis Pharmacy Solutions, all of which are recognized leaders in their market niches. The joining of these respected organizations under the SKYGEN USA umbrella enables them to drive process improvements and dramatically reduce the cost of delivering benefits in an advancing healthcare economy. Payers may select the comprehensive solution or individual offerings to fit their requirements. For more information, please go to www.skygenusa.com.
About Inc. Media:
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 15,000,000 today. For more information, visit www.inc.com.
For media inquiries, please contact:
Director of Marketing
SKYGEN USA Family of Companies