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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

ClaimLogiq Announces Rank #726 on the 2021 Inc. 5000 List

August 17, 2021 GMT

NEW YORK--(BUSINESS WIRE)--Aug 17, 2021--

Inc. magazine today revealed that ClaimLogiq is No. 726 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. 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.

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“ClaimLogiq has experienced tremendous growth in recent years as a direct result of our innovative ideas and bringing logical, simplified solutions to an otherwise complex and cluttered healthcare payment integrity marketplace,” said Todd Hill, ClaimLogiq CEO. He continues, “we are honored to be among the top group of elite companies nationwide that are represented on this prestigious list and to be number 726 in our very first year is a testament to our team and growing presence in our industry.”

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The Inc. 5000 list rank adds to the company’s growing suite of recognitions and achievements in 2021, including Great Place to Work®, Forbes Next 1000 and Top Workplaces South Carolina.

Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 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 at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.

“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”

About ClaimLogiq

ClaimLogiq is a healthcare software and technology company that delivers a proactive approach to payment integrity through a powerful, simplified solution. The unique payer-facing, claim-analyzing solution - TrueCost - is HITRUST CSF® Certified and makes claim reviews accessible to all size healthcare payers for the fastest speed to payment using in-depth insight and real-time access into the status of every claim at every stage of the audit lifecycle for controlled, consistent, accurate, and defensible outcomes, second to none. ClaimLogiq’s innovative cloud-based software stands out from the crowd by allowing payers client-driven control, customizability, and total transparency over the entire claim workflow process to confidently review more claims in less time to finalize large, complex facility claim reviews before payment is issued, halting the costly pay-and-chase method. TrueCost can be applied as a SaaS model, full services, or as a hybrid to suit the specific needs of every payer’s program needs and provider agreements. ClaimLogiq’s groundbreaking technology and logical methodology produces millions more in cost savings and all-but-removed provider abrasion, impacting millions of lives annually in the pursuit of a higher quality of healthcare for all. For more information, visit www.claimlogiq.com or follow ClaimLogiq on LinkedIn.

More about Inc. and the Inc. 5000

Methodology

Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 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 three decimal places. There was one tie on this year’s Inc. 5000. 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 http://www.inc.com/inc5000.

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 web sites, 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 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

For more information on the Inc. 5000 Vision Conference, visit http://conference.inc.com/.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210817005787/en/

CONTACT: Rebecca L. Price

Direct: +1 843.779.2077

rebecca.price@claimlogiq.com

KEYWORD: UNITED STATES NORTH AMERICA NEW JERSEY

INDUSTRY KEYWORD: DATA MANAGEMENT HEALTH TECHNOLOGY PRACTICE MANAGEMENT SOFTWARE GENERAL HEALTH

SOURCE: ClaimLogiq

Copyright Business Wire 2021.

PUB: 08/17/2021 12:41 PM/DISC: 08/17/2021 12:41 PM

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