Kareo is the 5th fastest growing healthcare technology company on Deloitte's 2013 Technology Fast 500™
IRVINE, CA – December 18, 2013 – Kareo, Inc., a leading provider of cloud-based medical office software and services for small medical practices, announced its inclusion on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Kareo grew 797% during the five-year ranking period and ranked 5th in healthcare technology, 18th in Southern California, and 156th overall.
“We are honored to be recognized by Deloitte as one of the fastest growing companies in North America,” said Dan Rodrigues, CEO and founder of Kareo. “This achievement speaks to the commitment, focus, and success of the Kareo team in delivering solutions valued by medical practices. Now more than ever, practices need a trusted partner to help them successfully navigate the rapidly changing healthcare environment, and we are ready to lead the way.”
“The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “This year’s list is a who’s who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next.”
Kareo has grown rapidly and now serves more than 25,000 medical professionals with its solutions. Small practices rely on Kareo’s intuitive and affordable cloud-based applications to effectively manage their operations by simplifying patient scheduling, improving billing processes, and navigating complex payment requirements. In today’s challenging healthcare environment, Kareo is the trusted partner that will significantly reduce the difficulties faced by today’s private practices while leading them toward becoming a best practice.
Kareo’s recognition as a top workplace by the Orange County Register is the latest in a series of awards the company has earned in 2013. In February, Kareo was named one of America’s Most Promising Companies by Forbes Magazine, and in August Kareo earned a spot on Inc. Magazine’s 500/5000 list – its second time in two years.
About Deloitte’s 2013 Technology Fast 500™
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2008 to 2012.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
Kareo is the only cloud-based medical office software and services platform dedicated to small practices. At Kareo, we believe that, with the right tools and support, small practices can do big things. We offer an integrated suite of products and services designed to help small practice physicians get paid faster, run their business smarter, and provide better care. Our Practice Management software, Billing Services, and free, full-featured EHR help more than 25,000 medical providers more efficiently manage the business and clinical sides of their practice. Headquartered in Irvine, California, Kareo’s mission is to help providers spend their time focused on patients, not paperwork. For more information, visit www.kareo.com.