Two healthcare companies have made Inc.’s top 10 fastest-growing privately held companies in the U.S.
Healthcare became the largest employer in the U.S. in 2018, and it is expected to continue growing to hit more than 19% of U.S. GDP by 2027. However, some stakeholders have criticized the startup environment in healthcare, arguing new companies are sometimes set up to fail.
However, some innovators have pushed through to become major companies over the past several years.
Here are the healthcare companies that made the list:
#9: Providence Healthcare Management––Based in Cleveland, the company provides operational support to rehabilitation centers, assisted-living facilities and other healthcare providers in Ohio and Kentucky. The company has seen a major boost from the long-term care since 2017. Its 2018 revenue was reported at $225.9 million and has seen 12,565% growth over the last three years.
#6: Cano Health––With $271.8 million in 2018 revenue and three-year growth of 14,183%, Cano Health offers primary care plus other healthcare services across 36 clinics in Florida. The company, which started as a single primary care facility offering patients care for a flat rate of $30 per month, provides services to Floridians regardless of insurance status.
See the full list here.
Amy joined TriMed Media as a Senior Writer for HealthExec after covering home care for three years. When not writing about all things healthcare, she fulfills her lifelong dream of becoming a pirate by sailing in regattas and enjoying rum. Fun fact: she sailed 333 miles across Lake Michigan in the Chicago Yacht Club "Race to Mackinac."