Boise, ID (Aug. 13, 2020) — Inc. Magazine released its 2020 Inc. 5000 list of America’s fastest-growing private companies, and Kno2, the company that provides interoperability to everyone in health care, ranks No. 2107 on the list with three-year sales growth rate of 199.54%.
The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“Kno2’s inclusion in Inc 5000 is a direct result of the dedication and perseverance of our employees, the amazing partnerships we have developed, and our customers that use Kno2 daily to assist in providing high-quality care to their patients”, said Kno2 CEO Jon Elwell. “Kno2’s growth is not only a numerical achievement; more importantly, it demonstrates the adoption of interoperability in health care. We continue our focus on broad interoperability, made available to all through simple, cost-effective tools that put the right patient information, in the right place at the right time.”
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs 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 here. The top 500 companies are also being featured in the September issue of Inc., available on newsstands Aug. 12.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. Editor-in-Chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
The annual Inc. 5000 event honoring the companies on the list will be held virtually from Oct. 23-27. As always, speakers will include some of the greatest innovators and business leaders of our generation.
Methodology
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of Dec. 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 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 here.
###
About Kno2
Kno2 is leading health care’s path to interoperability across every patient care setting. Kno2: Interoperability as a Service (IaaS) turns on connectivity to millions of healthcare providers and the capability to send, receive, find and use patient information with everyone. Kno2’s IaaS enables access to providers via cloud faxing, Direct secure messaging, patient information query and patient care networks (referrals, ACOs, HIEs) guided by connectivity assessments and analytics.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc.
