WYOMISSING, Pa., Aug. 22, 2017 /PRNewswire/ -- TRIOSE, Inc., a leader in innovating healthcare solutions through supply chain management, is ranked for its fifth consecutive year on the reputed Inc. 5000 list. With three-year growth of 94.27% and $46.6m in revenue for 2016, TRIOSE placed #3372 on the 2017 Inc. 5000 list. Only 7% of Inc. 5000 companies reach the list for five years.
"Being among the 7% of companies to reach this achievement is an incredible honor to everyone on our team," said CEO CJ Joyner, TRIOSE, Inc. "Our sustained growth represents the value we deliver to meet clients' needs that allow them to be patient-focused. TRIOSE provides visibility and solutions so they can optimize their supply chains and reduce healthcare costs — allowing them to deliver quality and positive outcomes for patient health."
"Needless to say, making the list gets harder every year as your starting base grows. Of the tens of thousands of companies that have applied to Inc. 5000 over the years, only a fraction have made the list more than once. A mere 7% have made the list five times," said Eric Schurenberg, president and editor in chief, Inc. Media.
To qualify for the Inc. 5000 list, companies must be privately owned, based in the United States and independent, but also meet several revenue benchmarks including 2016 revenue greater than $2 million. Companies are then ranked according to the percentage growth of their annual revenue over a three-year period.
When TRIOSE began in 1999, it achieved rapid growth by leveraging the fast pace at which the healthcare industry was growing. Since 2013, TRIOSE has acquired clients from nearly 300 healthcare systems and in 42 states, including Kaiser Permanente, Baystate Health and JFK Health. Additionally, TRIOSE received numerous awards recognizing its growth and leadership, including Philadelphia SmartCEO Future 50 Awards for three consecutive years and its 2016 Executive Management Awards.
TRIOSE, Inc. is a nationwide logistics management firm specializing in managed solutions for the healthcare industry. Working with health systems nationwide, TRIOSE delivers smart, total logistics solutions customized for each client's needs; lowers supply chain costs; and drives change for better healthcare in our communities. TRIOSE recently completed a merger with Predicata, East Providence, RI. A healthcare analytics company, Predicata's SupplyLinQ service strengthens TRIOSE's portfolio by adding innovative data analytic solutions to help healthcare clients reduce supply cost, mitigate risk, and improve quality of care. TRIOSE's logistics portfolio solutions include freight management, large cargo freight, courier management and 3PL consulting.
Privately held since 1999, TRIOSE is headquartered in Wyomissing, Pa. TRIOSE is the first organization to be selected as No. 1 on the Greater Reading Chamber of Commerce's Top 50 Businesses List for two consecutive years (2014-2015), and in the top five businesses from 2013-2017.