With growth of 552% over three years, Kareo is the 5th fastest growing US private company with revenue between $20 and $50 million
IRVINE, CA – August 28, 2014 – Kareo Inc., the leading provider of cloud-based medical office software and services for small medical practices, announced today that Inc. magazine has named it one of the Top 5000 Fastest-Growing Private Companies in the country. Kareo, ranked #825 overall, was again identified as a top growth company securing a spot in the top quartile of all companies on the Inc. list. In the software category, Kareo was listed in the top 100, grew at triple the category pace, and was ranked fifth for companies located in California. This is Inc. Magazine’s eighth year measuring the nation’s fastest growing private companies.
“We are very proud to be included on the Inc. 5000 list for the third year in a row,” said Dan Rodrigues, CEO and founder of Kareo. “Our growth highlights the success of Kareo in helping physicians deliver outstanding patient care while avoiding becoming overwhelmed with the complex administrative and compliance burdens of running a medical practice. Our mission is to enable small practice success, and our growth rate is one measure of progress against this mission.”
Kareo now serves more than 25,000 healthcare providers with its integrated EHR, practice management, and billing services platform, and more than 500 new providers are adopting Kareo solutions each month. Kareo is well prepared to support this phenomenal demand with over 350 employees located in four offices across the U.S. Over the last three years, the company has created over 300 new jobs, all focused on helping Kareo’s small practice customers succeed.
The 2014 Inc. 5000, unveiled online at Inc.com and featured in the September issue of Inc. (available on newsstands August 20 to November 30), is the most competitive group in the list’s history. The average company on the list achieved a staggering three-year growth of 516%. The Inc. 5000’s aggregate revenue is $211 billion, generating 505,000 jobs over the past three years.
To qualify, companies must have been founded and generating revenue by March 31, 2010, and have revenue no less than $2 million in 2013. Additionally, they must be U.S. based, privately held, for profit and independent. For complete results of the Inc. 5000, visit www.inc.com/inc5000.
Kareo is the only cloud-based medical office software and services 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, run their business smarter, and provide better care. Our practice management software, billing services, and free, award-winning fully certified EHR help more than 22,000 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. 500/5000, Forbes Top 100 Most Promising Companies, 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..