AMSTERDAM and ATLANTA, Aug. 18,
2016 /PRNewswire/ -- Royal
Philips (NYSE: PHG, AEX: PHIA) today announced that its
Wellcentive business, a leader in value-based care solutions, has
been named to Inc. magazine's 34th annual list of
America's fastest-growing private companies. Based on a three-year
growth rate through 2015, the recognition was awarded to
Wellcentive prior to being acquired by Royal Philips. Wellcentive ranks No. 947 on this
year's list.
The 2016 Inc. 5000 rankings are based on percentage of revenue
growth from 2012 to 2015 for companies privately held as of
Dec. 31, 2015.
"Since our inception, we have cultivated a robust culture of
collaboration with our customers toward their transformational
success in value-based care and population health management," said
Tom Zajac, Business Leader
Population Health Management, Philips. "We are particularly pleased
to be part of the Inc. 5000 list this year, given the timing of our
major growth announcement with Philips. It's a testament to
everyone at Wellcentive dedicated to the concept of continuous
health."
Qualifying companies are those founded and generating revenue as
of March 31, 2012 that are
U.S.-based, privately held, for profit and independent, as of
December 31, 2015. Since then, a
number of companies on the list, like Wellcentive, have announced
an initial IPO, been acquired or merged.
"The Inc. 5000 list stands out where it really counts," said
Inc. President and Editor-In-Chief Eric
Schurenberg. "It honors real achievement by a founder or a
team of them. No one makes the Inc. 5000 without building something
great – usually from scratch. That's one of the hardest things to
do in business, as every company founder knows. But without it,
free enterprise fails."
The complete list of the 2016 Inc. 5000 can be found at
www.inc.com/inc5000.
About Wellcentive
Since 2005, Wellcentive has driven quality improvement, revenue
growth and business transformation for providers, health systems,
employers and payers transitioning to value-based care. Our highly
scalable, cloud-based and value-driven population health management
solution provides long-term partnership services to impact
clinical, financial and human outcomes. Recognized as a leader in
population health management in reports by IDC Health, KLAS
and Chilmark, Wellcentive helps our customers provide care
management for more than 30 million patients and achieve more than
$500 million annually in value-based
revenue.
Visit www.wellcentive.com; follow us
on Twitter, LinkedIn and Facebook; or call
877-213-8456 to learn more.
About Royal Philips
Royal Philips (NYSE: PHG, AEX:
PHIA) is a leading health technology company focused on improving
people's health and enabling better outcomes across the health
continuum from healthy living and prevention, to diagnosis,
treatment and home care. Philips leverages advanced technology and
deep clinical and consumer insights to deliver integrated
solutions. The company, headquartered in the Netherlands, is a leader in diagnostic
imaging, image-guided therapy, patient monitoring and health
informatics, as well as in consumer health and home care. Philips'
health technology portfolio generated 2015 sales of EUR 16.8 billion and employs approximately 69,000
employees with sales and services in more than 100 countries. News
about Philips can be found at www.philips.com/newscenter.
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SOURCE Wellcentive