Healthcare’s Complete Communication and Collaboration Platform Recognized for Continued Year-Over-Year Growth
Updox, the only place to manage healthcare communications across both in-person and virtual care, announced today that, for the sixth year in a row, the company has been named to Inc. magazine’s annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private businesses.
Inc. magazine’s annual list of the “America’s Fastest-Growing Private Companies” represents a unique look at the most successful companies within the American economy’s most dynamic segment - 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.
According to Inc., only a fraction of the companies that apply for the Inc. 5000 list make the list more than once, and only three percent of those companies have made the list six times.
“I’m incredibly proud of our Updox team and the solutions we’ve built for our customers to improve their office productivity and patient experience,” says Michael Morgan, chief executive officer, Updox. “The past few months have been challenging for the nation and our healthcare industry. We know our platform has allowed patients to easily and securely connect with their trusted healthcare providers, enabled practices and clinics to remain open and for care to continue. To know our work makes a difference is very rewarding for all of us at Updox.”
Today, Updox serves more than 560,000 users and 210 million patients across the United States with solutions that support in-person and virtual care, such as fax replacement, video chat, secure text messaging and appointment reminders. From one consolidated inbox, Updox provides HIPAA-compliant solutions that optimize the patient experience, increase office productivity, and drive organizational profitability.
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but 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 over 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 top 500 companies are also being featured in the September issue of Inc., available on newsstands Aug. 12.
“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 to 27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.
The only place to manage healthcare communications across both in-person and virtual care, Updox offers one consolidated inbox for healthcare providers to manage the entire patient journey and office productivity. Through an all-in-one platform, Updox provides a broad set of capabilities for virtual health, patient engagement, and paperless office efficiency that work together to reduce costs and drive revenue. Updox is integrated with more than 100 electronic health records (EHR) and pharmacy management systems and serves more than 560,000 users and 210 million patients. Updox customers also benefit from an engaged user community for benchmarking, idea exchange and networking. Learn how we simplify the business of healthcare. Visit www.updox.com or follow the company on Twitter, LinkedIn and Facebook.
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/.