With Three-Year Revenue Growth of 201% Percent, ClaimsBridge Ranks No. 2557 Among America’s Fastest-Growing Private Companies
Arnold, MD, August 13, 2024 – Inc. revealed today that ClaimsBridge ranks No. 2557 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
“Being recognized as part of the Inc. 5000 is an incredible honor and a testament to the hard work and dedication of our entire team at ClaimsBridge. This achievement reflects our commitment to innovation, excellence, and delivering outstanding value to our clients. We strive to reduce unnecessary costs in healthcare administration, our growth shows that our solutions are delivering real results for our clients,” says Kevin Gibson, CEO of ClaimsBridge.
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
ClaimsBridge is proud to have earned the loyalty of clients who have relied on our services for over 20 years, a testament to our client-focused support and service. Our recent transformation has expanded our product offerings, network access, and team to better serve our growing client base. This past year, we migrated to the cloud, obtained SOC Level II certification, and were honored as one of the Inc. 5000 top growth businesses in the U.S. While we celebrate these achievements, our primary focus remains on enhancing the client experience, with new hires and upcoming tools designed to improve support, streamline processes, and ensure we effectively drive down the cost of healthcare administration.
CONTACT:
Kevin Gibson
Claims Bridge – Chief Executive Officer
Tel: (201) 952-6934
Email: kgibson@claimsbridge.com
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.
About ClaimsBridge
ClaimsBridge is a healthcare technology company providing custom and high-performing networks, direct-to-employer contracting, RBP and Medicare pricing solutions (ClaimsBridge Navigator), and unified end-to-end pre-adjudication infrastructure for the receipt, routing and pricing of medical claims (ClaimsBridge Connect). ClaimsBridge is directly connected to over 120 partners serving self-funded and fully insured employers through their broker and benefit consultants, stop-loss carriers, third-party administrators, healthcare networks, and strategic vendor partners. For more information about ClaimsBridge service offerings, visit www.claimsbridge.com or call 410.349.3222.
