Top 10 Most Profitable Digital Health Companies in the U.S. Emerge from Inc. 5000 List

Each year, Inc. Magazine manages to persuade thousands of private companies to disclose their financial data in exchange for being listed on the “Inc. 5000” and “Inc. 500” rankings of America’s fastest-growing companies. Although the data obtained by Inc. are self-reported by the private companies,Its ranking is based on the following hard data: the percentage change in the company’s annual revenue over a three-year period.Using this metric, Inc. included nearly 400 health-related companies in its Inc. 5000 list, a significant number of which were internet healthcare companies.

MobiHealthNews extracted the top ten private internet healthcare companies from the list (including Fitbit, which went public several months ago). In addition, the list includes many other internet healthcare companies (such as Vitals, Dimagi, MedTouch, etc.). VCBeat has compiled the revenue and growth figures, along with brief introductions, for the aforementioned top ten companies. Let’s take a look at which internet healthcare companies in the U.S. are the most “profitable.”

The companies are listed in the order of the Inc. list, based on the percentage growth of their revenue.

53.Fitbit
2014 Revenue: $745.4 million. San Francisco-based Fitbit went public this May, with its revenue growth exceeding over the past three years, according to data provided by Inc.5000%Fitbit currently has 579 employees, of whom 499 were hired in the past three years. Fitbit offers wearable activity trackers and companion software.

57.Clinical Ink
2014 Revenue: $5.9 million. Horsham, Pennsylvania-based Clinical Ink has seen its revenue grow by more than4600％Clinical Ink currently has 98 employees, 90 of whom were hired in the past three years. Clinical Ink provides point-of-care clinical trial data capture software with mobile internet capabilities.

205.RxWiki
2014 Revenue: $2.4 million. RxWiki, headquartered in Austin, Texas, has seen its revenue grow by more than2000％. RxWiki currently has 44 employees, 38 of whom were hired in the past three years. The company operates a consumer website designed to help patients access information for connecting with pharmacists.

235.Welltok
2014 Revenue: $10.1 million. Welltok, headquartered in Denver, Colorado, has seen its revenue grow by more than1800％Welltok currently has 210 employees, 189 of whom were hired in the past three years. Welltok collaborates with insurers and other partners, focusing on population health management through digital tools such as tracking apps, connected devices, and online communities.

269.Patagonia Health
2014 Revenue: $3.2 million. Headquartered in Cary, North Carolina, Patagonia Health has seen its revenue grow by more than1600％Patagonia Health currently has 21 employees, 15 of whom were hired in the past three years. Patagonia Health provides cloud-based tools with mobile connectivity to medical practices and public health organizations, integrating electronic health records, billing, and practice management into a single platform.

285.Live Free
2014 Revenue: $3.9 million. Headquartered in Pocatello, Idaho, Live Free has seen its revenue grow by over the past three years1600％Live Free currently has 23 employees, 21 of whom were hired in the past three years. Live Free provides LifeBeacon mPERS devices and services with cellular connectivity.

357.Drchrono
2014 Revenue: $5.2 million. DrChrono, headquartered in Mountain View, California, has seen its revenue grow by over1300％. drchrono currently has 46 employees, 33 of whom were hired in the past three years. drchrono offers a medical practice management app primarily designed for use on tablets.

358.Wellness IQ (Vitality)
2014 Revenue: $2.4 million. Wellness IQ, headquartered in Independence, Ohio, has seen its revenue grow by more than over the past three years1300％Wellness IQ currently has 295 employees, 293 of whom were hired in the past three years. Wellness IQ provides employee vitality and wellness programs to employers.

469.MobileHelp
2014 Revenue: $28.8 million. MobileHelp, headquartered in Boca Raton, Florida, has seen its revenue grow nearly over the past three years1000％, during which it also added 129 employees. MobileHelp provides personal mobile emergency devices and services.

531.Connexion Point
2014 Revenue: $23.5 million. Connexion Point, headquartered in Salt Lake City, has seen its revenue growth exceed800%Connexion Point currently has 1,215 employees, 1,015 of whom were hired in the past three years. Connexion Point collaborates closely with health plans and providers to enhance patient engagement within these systems.

695.ENTRADA
2014 revenue: $7.9 million. ENTRADA, headquartered in Brentwood, Tennessee, has seen its revenue grow by more than over the past three years600％ENTRADA currently has 64 employees, 44 of whom were hired in the past three years. ENTRADA has developed a mobile app that assists physicians with voice-to-text note transcription. Through this app, physicians can consolidate patient notes, images, and other information, while also transmitting the data to electronic health records (EHRs).

Compiled by Chen Xin | Edited by Mo Renying