NationsBenefits Ranks No. 70 on the 2020 Inc. 5000 List of the Fastest-Growing Private Companies in America
NationsBenefits®, a Florida-based innovative provider of customizable healthcare solutions through a diverse offering of supplemental benefits, has been named one of the fastest-growing private companies in the U.S. by Inc. Magazine. Today, the publication announced its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies, where NationsBenefits ranks number 70 with three-year revenue growth of 4,677 percent.
Since its inception in 2015, NationsBenefits (formerly NationsHearing®) has been a leader in providing exceptional service delivery and technological solutions through supplemental benefits, while creating strategic, financial, and service-level advantages for health plans and partners. Over the past 5 years, NationsBenefits' staff has grown tenfold and currently services over 10 million members annually. In March, NationsBenefits ranked No. 1 on Inc. Magazine's inaugural 2020 Inc. 5000 Series: Florida list of fastest-growing private companies. Today's 2020 Inc. 5000 announcement marks an important milestone in the company's history as NationsBenefits is now regionally and nationally ranked.
"We are extremely grateful for this honor and the trust our health plan partners place in us to deliver innovative solutions that positively impact the millions of members we serve across the U.S.," said Glenn M. Parker, M.D., Founder and CEO at NationsBenefits. "We are immensely proud of our talented team members whose dedication, passion, and unwavering commitment to excellence have helped us achieve accelerated growth and this incredible recognition."
The annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies, 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 (News - Alert), Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
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 prcent. The Inc. 5000's aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
"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."
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 are also being featured in the September issue of Inc., available on newsstands August 12.
NationsBenefits® provides managed care organizations with customizable healthcare solutions designed to help our customers achieve a better quality of life through a diverse offering of supplemental benefits. Our continuum of care, exceptional service delivery, and technological innovations include a growing suite of benefit offerings aimed to attract and retain enrollees while creating strategic, financial, and service-level advantages for health plans and partners. Currently, NationsBenefits is proud to provide solutions in hearing, over-the-counter (OTC) management services, Personal Emergency Response Systems (PERS), and health insurance sales and services. For more information, visit nationsbenefits.com.
More about Inc. and the Inc. 5000
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/.