Industry News for ChiroHealthUSA
Flowood, Mississippi 39232
New York, NY – August 20, 2014 - Inc. magazine today ranked ChiroHealthUSA No. 988 on its 33rd annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies.
The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000.
“We are honored to be included in this prestigious list,” Dr. Ray Foxworth, President of ChiroHealthUSA said. “Our inclusion is a reflection of doctors and staff searching for ways to keep care affordable for their patients without violating the layers of rules and regulations governing our financial and discounting policies. My thanks go to our amazing team at ChiroHealthUSA, the many consultants, partnering State Associations and companies who have helped us educate the profession about the importance of having a compliant financial policy.”
Part of ChiroHealthUSA’s corporate philosophy has been helping Chiropractic State Associations and Chiropractic Foundations by giving back a portion of its revenue to these organizations, in order to help advance the profession. “Being in the Inc. 5000 is an extremely important milestone for our company, but offering people an affordable option for health care, helping doctors develop compliant financial and discounting policies, and helping advance our profession is the real focus of this company. Our donations back to the profession are not considered an expense to us. They are considered an obligation to support those who do so much for the profession.”
The 2014 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 20 to November 30), is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 516%. The Inc. 5000’s aggregate revenue is $211 billion, generating 505,000 jobs over the past three years.
The annual Inc. 5000 event honoring all the companies on the list will be held from October 15 through 17, 2014 in Phoenix. Speakers include some of the greatest entrepreneurs of this and past generations, such as Michael Dell, Martha Stewart, host of the CNBC show “The Profit” Marcus Lemonis, Container Store Founder and CEO Kip Tindell, and Chobani Founder and CEO Hamdi Ulukaya.
ChiroHealthUSA is a network that works in conjunction with a Discount Medical Plan Organization (DMPO) with a network of over 2,500 doctors who are concerned about patients having access to affordable healthcare. ChiroHealthUSA allows them to offer legal network based discounts to patients who have no insurance, or limited benefits. Chiropractic’s patient base is more financially responsible for their care today than they have been since the 1960s; many doctors are responding to their patient's needs by lowering their fee schedule overall, losing money they could legitimately be charging to insurance companies, when coverage is available. Conversely, and in response to these changes in insurance, a segment of doctors have kept their fees high, to maximize any insurance reimbursement. Other doctors have limited their practice and only see personal injury cases and/or Workers Comp cases, thus limiting access to those without insurance or limited benefits.
By joining ChiroHealthUSA, doctors get peace of mind about their financial and discounting policies and have a more affordable way for patients to continue treatment in their office. Chiropractic is benefited on a national and local level, as a portion of every card that is sold is donated to the Foundation for Chiropractic Progress, The Congress of Chiropractic State Associations and participating State Associations.
Johann Marron, ChiroHealthUSA, 1-888-719-9990 Ext. 303, Johann@chirohealthusa.com
Kristi Hudson, ChiroHealthUSA, 1-888-719-9990 Ext. 302, firstname.lastname@example.org
More about Inc. and the Inc. 500|5000
The 2014 Inc. 5000 is ranked according to percentage revenue growth when comparing 2010 to 2013. To qualify, companies must have been founded and generating revenue by March 31, 2010. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2013. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2010 is $100,000; the minimum for 2013 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 http://www.inc.com/5000.
About Inc. and the Inc. 5000
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com/ .
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.