With Three-Year Revenue Growth of 3,752 Percent, CaryHealth Ranks No. 82 Among America’s Fastest-Growing Private Companies
Inc. revealed today that CaryHealth ranks No. 82 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. Additionally, CaryHealth achieved the No. 2 spot nationally in Artificial Intelligence and is the second fastest growing company based in Washington, DC. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses.
“By putting our clients and their needs first, we have helped drive positive outcomes for both their business and ours,” said CEO and co-founder of CaryHealth, Areo Nazari. “A customer first attitude is the way we operate and has helped fuel our growth.”
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.
“We are incredibly honored to be ranked 82nd on the Inc. 5000 list,” said CTO, Matthew Hawkins. “This recognition is a testament to our team’s unwavering dedication and the transformative power of our AI-driven healthcare solutions.
CaryHealth is redefining the digital health landscape through its innovative AI-driven ecosystem, designed to optimize outcomes for the healthcare industry’s key players, including pharmaceutical manufacturers, health plans, and health systems. With a suite of advanced solutions like OneDash, Clair, CaryConnect, and CaryRx, CaryHealth revolutionizes the pharmacy experience, empowers users with cutting-edge AI tools, and provides real-time data insights to drive informed decision-making. This comprehensive approach underscores CaryHealth’s commitment to advancing healthcare efficiency and effectiveness through their platform.
Since its inception in 2017, CaryHealth has consistently pushed the boundaries of what’s possible in digital health. CaryHealth has achieved significant milestones, including enabling a pharmaceutical manufacturer to exceed sales projections by over 100%. This remarkable outcome was achieved through the effective use of CaryHealth’s digital pharmacy infrastructure, which supports patients, providers, and internal teams. CaryHealth has generated over $4 million in savings for payer partners through the implementation of OneDash’s intervention engine and quality measure automation funnels.
CaryHealth’s innovative solutions and commitment to excellence have established it as a leader in the digital health industry. By continuously driving advancements and delivering substantial value to its partners and clients, CaryHealth is poised to transform the future of healthcare.
More about CaryHealth, Inc. and the Inc. 5000
Methodology & About Inc.
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. 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.
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