Vitalware Named to the 2019 Inc. 5000 Fastest Growing Private Companies List for Fifth Consecutive Year

News
August 14, 2019

The company ranked No. 2763 with three-year revenue growth of 137 percent

Vitalware, the KLAS leader in Chargemaster Management and leading provider of healthcare mid-revenue cycle SaaS solutions, today announced its place as number 2763 on the 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.

“Chargemaster management and proactively managing the mid-revenue cycle is becoming increasingly important as hospital revenue is more and more scrutinized in the age of price transparency,” said Kerry Martin, CEO of Vitalware. “We can attribute our growth to our attentiveness to industry needs and our drive to help our clients win. To be recognized by Inc. 5000, five years in a row, is an honor.”

Vitalware helps more than 800 hospitals keep up with the ever-evolving healthcare industry and the regulations that follow. Its advanced solutions are helping hospitals remain compliant, become more efficient, and be confident in their processes and output. Vitalware’s ability to adapt to meet revenue cycle management needs attributes to its 137 percent growth and continued placement on the Inc. 5000.

Vitalware is part of only four percent of companies that have made the list five times over the years, making this an extraordinary accomplishment. This achievement follows several others this year including VitalCDM being named #1 in KLAS for the Revenue Cycle - Chargemaster Management category and their designation as a Peer-Reviewed Vendor for VitalKnowledge™ from the Healthcare Financial Management Association (HFMA).

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 companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”

To learn more about Vitalware, visit vitalware.com.

About Vitalware

Vitalware is the leading mid-revenue cycle SaaS solutions provider, specializing in Health-IT applications aimed at making the business of healthcare easier through its intuitive cloud-based technologies and regulatory content expertise. With over 800 hospitals on its client roster, Vitalware’s product portfolio is the healthcare industry’s best solution for providing visibility and continuity in chargemaster management, documentation, charge capture, and regulatory code references. Beyond providing tools and healthcare regulatory and compliance resources, Vitalware offers professional services designed to support organizations’ need of coding guidance, process improvement, education and financial impact solutions. Vitalware is recognized as a 2019 Best in KLAS software for its VitalCDM. Visit our website, vitalware.com.

For more information, contact:

Sara Beth Fahey
Matter Communications

(401) 351-9507
Email

More about Inc. and the Inc. 5000

Methodology

The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 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 Inc.com.

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Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit Inc.com.

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.

For more information on Inc. and the Inc. 5000 Conference, visit Inc. 5000 Conference.