San Diego, Sept. 7, 2011 (GLOBE NEWSWIRE) -- Inc. magazine today ranked national health services organization American Specialty Health Incorporated (ASH) #4421 on its fifth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. With a three-year growth of 20 percent, ASH has moved up the list in the last several years, previously placing 4650th in 2010 and 4823rd in 2009. The list represents the most comprehensive look at the most important segment of the economy--America’s independent entrepreneurs. Online retailer ideeli tops this year’s list. ASH joins Spirit Airlines, television maker Vizio, Honest Tea, Dunkin Donuts, and Metrokane, makers of the Rabbit corkscrew, among other prominent brands featured on this year’s list.
In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
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 www.inc.com/5000.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward", says Inc. magazine editor Jane Berentson. "Growth companies, not large corporations, are where the action is."
"We at ASH are pleased to be among the Inc. 5,000 fastest growing privately-held companies in America for a third consecutive year," said George DeVries, ASH chairman and CEO. "I believe this award reflects our long-term commitment to entrepreneurism, innovation, and growth. ASH has organically developed all its revenues, members, and products since our inception in 1987. ASH has steadily developed a broad range of capabilities and products over the last 24 years which are driving our current growth and will continue to support our future growth and opportunities," he continued.
Methodology
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. 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 www.inc.com/500.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
About American Specialty Health
American Specialty Health Incorporated (ASH) is a national health services organization that provides a total population health management program, specialty network management programs, and fitness programs to health plans, insurance carriers, employer groups, and trust funds. Based in San Diego, ASH has more than 800 employees and serves over 25.9 million members.
ASH’s total population health management organization , Healthyroads Inc., offers a wide range of personal health solutions--including award-winning telephone-based lifestyle and condition coaching programs, member engagement promotion programs (EngageHealthyroads.com), incentive management programs, competitive challenges, worksite wellness programs, and/or an integrated online health improvement portal, Healthyroads.com. Healthyroads offers programs to more than 6 million members nationally.
ASH’s specialty provider network program has developed a national provider group including contracted physical therapists, chiropractors, acupuncturists, dietitians, and others. ASH provides a series of capabilities including provider credentialing/re-credentialing, clinical performance systems, provider services, claims processing, and other services. ASH covers almost 19 million members under its provider network programs.
ASH’s fitness program provides exercise and healthy aging programs for Medicare plans. Eligible members may access a participating fitness club or exercise center at no charge and other services. ASH fitness programs cover over 1 million members.
For more information about ASH health and wellness programs, visit ASHCompanies.com or call (800) 848-3555. Follow us on Twitter at www.Twitter.com/ASHCompanies or www.Twitter.com/Healthyroads!