Kareo is recognized for fourth consecutive year; Realized growth of 368% over past three years
Irvine, CA – August 13, 2015 – Kareo, the leading provider of cloud-based solutions for independent medical practices, today announced that Inc. magazine has named it one of the 2015 Top 5000 Fastest-Growing Private Companies in the U.S. for a fourth consecutive year. Kareo is again recognized in the top quartile of all companies on the list. Among software companies, Kareo ranked in the top 100.
“We are honored to be recognized by Inc. magazine for a fourth year in a row,” said Dan Rodrigues, founder and CEO of Kareo. “Our growth is a result of our continuing success in helping independent healthcare providers deliver outstanding patient care while avoiding the significant burdens of running a medical practice. We look forward to additional growth as we further build out our market leading platform.”
Kareo has realized a 368 percent increase in revenue growth over the past three years, making it among the fastest growing companies on the list with $20-$50M in revenue during the measurement period. Kareo’s steady and rapid growth has also earned accolades across the industry. In addition to the Inc. 5000, the company has been recognized as a Red Herring Top 100 and a Deloitte Fast 500 Technology company in the past year. Within the industry, Kareo was named the leading vendor for integrated health records, practice management and physician billing solutions for the third consecutive year by Black Book.
The 2015 Inc. 5000 is ranked according to percentage revenue growth when comparing 2011 to 2014. To qualify, companies must have been founded and generating revenue by March 31, 2011. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2014. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2011 is $100,000; the minimum for 2014 is $2 million. For complete results of the Inc. 5000 list, visit http://www.inc.com/inc5000.
Kareo is the only cloud-based medical office solutions platform purpose-built for small practices. At Kareo, we believe that, with the right tools and support, small practices can do big things. We offer an integrated solution of products and services designed to help physicians get paid faster, find new patients, run their business smarter, and provide better care. Our practice management software, medical billing solution, practice marketing tools and free, award-winning fully certified EHR help more than 50,000 medical providers more efficiently manage the business and clinical sides of their practice. Kareo has received extensive industry recognition, including the Deloitte Technology Fast 500, Inc. 5000, Red Herring Top 100 Company, and Black Book #1 Integrated EHR, Practice Management and Billing Vendor. Headquartered in Irvine, California, the Kareo mission is to help providers spend their time focused on patients, not paperwork. For more information, visit www.kareo.com.