Release date: 2015-08-26
Every year, Inc. Magazine manages to persuade thousands of private companies to disclose their financial data in exchange for the list of "American annual fastest growing companies Inc 5000" and "Inc 500." The information obtained by Inc., although self-reported by private companies, is based on the following hard data: the percentage change in annual revenue of the company over three years. Using this metric, Inc ranks nearly 400 health-related companies among its top 5,000, and a significant number of them are Internet medical companies.
MobiHealthNews extracted the top ten private Internet medical companies on the list (including Fitbit, which went on the market a few months ago). In addition, there are many other Internet medical companies on the list (including Vitals, Dimagi, MedTouch, etc.). The Arterial Network compiled the income and growth of the above-mentioned top ten companies and a brief introduction. Let us take a look at which Internet medical companies in the United States are the most "profitable".
The company's order is sorted by the Inc list, based on the percentage of the company's revenue growth.
53.Fitbit
2014 revenue: $745.4 million. The San Francisco-based Fitbit was launched in May this year, and its revenue growth has exceeded 5,000% in the past three years, according to data provided by Inc. Fitbit currently employs 579 people, 499 of whom have been employed in the past three years. Fitbit offers wearable activity trackers and companion software.
57.Clinical Ink
2014 revenue: $5.9 million. Clinical Ink, based in Horsham, Pa., has seen its revenue growth exceed 4,600% in the past three years. Clinical Ink currently employs 98 people, 90 of whom have been employed in the past three years. Clinical Ink provides medical point clinical trial data acquisition software with mobile internet capabilities.
205.RxWiki
2014 revenue: $2.4 million. RxWiki, based in Austin, Texas, has seen revenue growth of over 2,000% in the past three years. RxWiki currently employs 44 people, 38 of whom have been employed in the past three years. The company offers a consumer website designed to help patients get relevant information that can be contacted by a pharmacist.
235.Welltok
2014 revenue: $10.1 million. Welltok, based in Denver, Colorado, has seen revenue growth of over 1800% over the past three years. Welltok currently employs 210 people, 189 of whom have been employed in the past three years. Welltok works with insurance companies to focus on population health management by tracking digital tools such as APPs, connected devices, and online communities.
269.Patagonia Health
2014 revenue: $3.2 million. Headquartered in Cary, North Carolina, Patagonia Health has seen revenue growth of over 1600% over the past three years. Patagonia Health currently employs 21 people, 15 of whom have been employed in the past three years. Patagonia Health provides medical practice and public health organizations with mobile connectivity and cloud-based tools to integrate electronic health records, billing and business management on the same platform.
285.Live Free
2014 revenue: $3.9 million. Live Free, based in Portcaro, Idaho, has seen revenue growth of over 1600% in the past three years. Live Free has 23 employees, 21 of whom have been employed in the past three years. Live Free offers LifeBeacon mPERS devices and services with cell capabilities.
357.Drchrono
2014 revenue: $5.2 million. Drchrono, based in Mountain View, Calif., has seen revenue growth of over 1300% in the past three years. Drchrono has 46 employees, 33 of whom have been employed in the past three years. Drchrono provides a medical practice management app that is primarily used on tablets.
358.Wellness IQ (Vitality)
2014 revenue: $2.4 million. Wellington, based in Independence, Ohio, has seen revenue growth of over 1300% over the past three years. Wellness IQ has 295 employees, 293 of whom have been employed in the past three years. Wellness IQ provides employers with a vitality health plan.
469.MobileHelp
2014 revenue: $28.8 million. MobileHelp, based in Boca Raton, Fla., has seen revenue growth of nearly 1,000% in the past three years, with an increase of 129 employees during this period. MobileHelp provides personal mobile emergency equipment and services.
531.Connexion Point
2014 revenue: $23.5 million. Connexion Point, based in Salt Lake City, has seen its revenue growth exceed 800% in the past three years. Connexion Point currently employs 1,215 people, of whom 1015 are employed in the past three years. Connexion Point works with health programs and suppliers to increase patient engagement.
695.ENTRADA
2014 revenue: $7.9 million. ENTRADA, based in Brentwood, Tennessee, has seen revenue growth of over 600% over the past three years. ENTRADA currently employs 64 people, 44 of whom have been employed in the past three years. ENTRADA has developed an app that helps doctors listen to notes. Through the app, doctors integrate patient notes, pictures, and more, while also sending data to electronic health records.
Source: Arterial Network
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