We’re tremendously proud to be back on the Inc. 5000, especially after such a punishing year for healthcare
NEW YORK (PRWEB)
August 19, 2021
Inc. magazine today revealed that Azalea Health Innovations (Azalea Health) is No. 2,846 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its 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.
“We’re tremendously proud to be back on the Inc. 5000, especially after such a punishing year for healthcare,” said Baha Zeidan, CEO and co-founder of Azalea Health. “Thank you to all our employees who made this achievement possible. Your tireless dedication to rethinking and innovating health IT for the needs of all healthcare providers has made this possible. And thank you to our clients who have been with us on this journey. We will continue to put your needs first and innovate with you to make our solutions work for you.”
Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 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 http://www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.
“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”
The award follows a recent KLAS Research report that found Azalea Health was the only EHR technology vendor other than Epic to grow its share of the market in 2020, gaining a net of four new acute care hospitals. Azalea was also recognized as the 20th fastest growing lower middle market company in Georgia in the recent Georgia Fast 40 awards. Azalea’s continued growth is a testament to Azalea’s unwavering support for its clients through a year of unprecedented challenges, as well as the ability of Azalea’s cloud-based health IT solutions to improve care quality and support financial stability.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year’s Inc. 5000. 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 web sites, 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 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.
For more information on the Inc. 5000 Vision Conference, visit http://conference.inc.com/.
About Azalea Health
Azalea Health Innovations (Azalea) is on a mission to empower underserved healthcare providers with a health IT platform that improves patient care and profitability. Offering a 100% cloud-based integrated platform, Azalea delivers electronic health records, revenue cycle management, data insights and telehealth solutions designed for rural and community practices and hospitals. Quick to deploy and intuitive to use, Azalea solutions ensure better care coordination and communication – enabling better outcomes and a meaningful competitive advantage. The Azalea platform also provides tools and resources to help clients meet their Meaningful Use requirements, as well as strategies to navigate accountable care and alternative payment models. Above all, Azalea strives to deliver a simplified EHR experience that is loved by all who use it.
For more information, visit http://www.azaleahealth.com.
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