Inc. Magazine ranks FastMed among top 100 healthcare companies nationwide
Clayton, NC, September 9, 2013 – Inc. Magazine today ranked FastMed Urgent Care, the sixth largest US urgent care network in the country, 1136 on its seventh annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies.
For 2013, FastMed is not only within the top 100 healthcare companies nationwide, but was also recognized as being in the top 100 fastest-growing North Carolina based companies as well.
FastMed has seen over 369% growth between 2011 and 2013, with rapid expansion of urgent care centers including rural communities where health care costs, limited options and limited access are statistically high. FastMed Urgent Care has grown significantly in response to the need patients in FastMed communities have for high quality/cost effective and convenient care with high touch service. FastMed coordinates care with hospitals and physicians in communities to serve patients who have urgent, but non-life threatening medical conditions or injuries.
FastMed urgent care clinics are an integral part of the health care system, opening access to care for patients of all ages and incomes. An estimated 3 million patients visit urgent care centers each week, according to the Urgent Care Association of America. Growth is expected to increase even faster in 2014, when the Affordable Care Act starts to bring health-care coverage to over 30 million Americans.
“As an Inc. 5000 honoree, FastMed Urgent Care now shares a pedigree with Intuit, Zappos, Under Armour, Microsoft, Jamba Juice, Timberland, Cliff Bar, Pandora, Patagonia, Oracle, and dozens of other notable recent alumni.” said John Randazzo, CEO. “I am pleased that we can share this accomplishment with our patients, who daily trust FastMed for quality, convenient and personal urgent care.”
“I am very proud of our entire staff in North Carolina and Arizona for all their hard work and dedication to make this happen. Our vendor partners have also been outstanding in our rapid growth. This is an exceptional recognition for the entire FastMed Urgent Care team.” said Kevin Blank, President and COO.
“FastMed’s inclusion in the Inc. 5000 reinforces them as a recognized leader in urgent care and also highlights the incredible growth of our industry,” said Joanne Ray, Chief Executive Officer for the Urgent Care Association of America. “This honor reflects the pivotal role FastMed serves alongside local community doctors and the emergency rooms.”
In addition to FastMed Urgent Care, the Inc. 5000 list for 2013 included such powerhouses as Alex and Ani, LivingSocial, OtterBox, and KT Tape. Complete results of the Inc. 5000, including company profiles and an interactive database can be found at www.inc.com/5000.
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 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 www.inc.com/5000.
For more information about FastMed Urgent Care, their services or for questions, please visit www.fastmed.com.
About FastMed Urgent Care
FastMed Urgent Care is a North Carolina-based owner and operator of urgent care facilities with locations throughout North Carolina and Arizona. FastMed focuses on the delivery of non-appointment based medicine to the non-emergency patient market. The urgent care centers are open 365 days a year and are staffed with experienced and licensed physicians, physician assistants and nurse practitioners. For more information, please visit www.fastmed.com. FastMed is managed by an affiliated entity of one of the investment funds of the Comvest Group. For more information, visit www.fastmed.com, follow us on Twitter (@FastMedClinics) and Facebook (Facebook.com/FastMed).
About the Comvest Group
The Comvest Group, with $1.2 billion of assets under management, provides flexible financing solutions to lower middle-market companies through its equity and debt funds, often meeting time-critical and complex funding requirements. The firm includes seasoned, senior level operating executives who partner with managers and owners of companies to operationally improve businesses and create long-term value. Since 2000, Comvest has invested more than $1.5 billion of capital in over 105 public and private companies. For more information, please visit www.comvest.com.
Reuel Heyden | Sr. Dir. of Marketing & Community Relations
FastMed Urgent Care