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Evolution1™ has been named to the sixth annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy: America’s independent entrepreneurs. Evolution1 joins Unified Payments, Yelp, Chobani, Giftcards.com, KIND, and famed hatmaker Tilly’s, among other prominent brands featured on this year’s list.
In a challenging economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year’s list report having created more than 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion. The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. Evolution1 has a three-year sales growth of 116 percent.
“We’re extremely proud of this accomplishment – and of making the Inc. 500|5000 list for five consecutive years,” said Jeff Young, chairman and CEO of Evolution1. “Together with our Partners, all of us at Evolution1 share a vision of next-generation healthcare technology and services. We remain steadfast in our promise to help reduce costs and simplify the business of healthcare.”
Evolution1 is the nation’s largest electronic payment, on-premise, and cloud computing healthcare solution that administers reimbursement accounts, including HSAs, HRAs, FSAs, VEBAs, PRAs, and Wellness and Transit Plans.
“Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” said Eric Schurenberg, editor of Inc.
Young credits robust technology innovation, industry-leading mobile application functionality, and strong Partner success for Evolution1’s exceptional revenue growth 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/5000.
Evolution1 and our Partners serve more than 8 million consumers, making us the nation’s largest electronic payment, on-premise and cloud computing healthcare solution that administers reimbursement accounts, including HSAs, HRAs, FSAs, VEBAs, PRAs, Wellness and Transit Plans. It is the only solution that offers a single end-to-end user experience, provides innovative auto-substantiation technologies, and automates workflow for Partners, employers, and consumers. It does all this on one technology platform comprised of Lighthouse1™, PayDirect®, the Benny® Benefits Debit Card, Lighthouse1 OneCard™ and integrated web portals. Evolution1 and our Partners are dedicated to delivering value, reducing costs and simplifying the business of healthcare. For more information, visit www.evolution1.com.