VALENCIA, Calif., Oct. 13, 2020 (GLOBE NEWSWIRE) -- Inc. magazine recently revealed that Med Tech Solutions (MTS) is No. 2,996 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.
“This year continues to introduce unforeseen and unprecedented challenges to so many, including the business community as well as the organizations and individuals we serve,” stated MTS chief executive officer Mona Abutaleb. “For close to 15 years, Med Tech Solutions has grown as a bi-product of the partnerships that we have forged with hundreds of healthcare providers, including physician clinics and integrated networks that are now positioned on the frontlines of the COVID-19 public health crisis. We appreciate and value their trust, and we will continue to support their efforts by providing practice-centered IT solutions that help them better deliver and manage patient care.”
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million 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 www.inc.com/inc5000. The top 500 companies were also featured in the September issue of Inc..
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
The annual Inc. 5000 event honoring the companies on the list will be held virtually from October 23 to 27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.
About Med Tech Solutions
Med Tech Solutions (MTS) provides expert 24x7 user and application support to fulfill its mission to deliver innovative technology that improves our clients’ ability to provide patient care and support healthcare providers. MTS offers reliable healthcare Cloud computing services with multiple layers of redundancy made possible through two data centers located in Los Angeles and New Jersey, Managed HIT and security and compliance services, solutions designed to help streamline and optimize medical practice operations, and a patient engagement platform powered by CuragoHealth.
MTS is headquartered in Valencia, California, with regional offices in Salem, Oregon, St. Louis, Missouri, Minneapolis, Minnesota, and Morristown, New Jersey, and a dedicated workforce throughout the United States.
For more information about Med Tech Solutions, visit: www.medtechsolutions.com.
More about Inc. and the Inc. 5000
Methodology
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 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 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 websites, 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 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference, visit http://conference.inc.com/.
Contact: Gary Jacobs, Med Tech Solutions | Marketing
Tel (626) 782-6416 | Email gjacobs@medtechsolutions.com