Ranked at no. 2830, the recognition falls on the heels of a record year for HHAeXchange, as the company recently announced significant growth milestones.
New York – August 16, 2022 – HHAeXchange, the leading provider of homecare management solutions for payers, providers, and state Medicaid agencies, announced today it has been named to Inc. magazine’s list of the fastest growing private companies in America, marking the eighth consecutive year the company has been recognized. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment.
According to a recent McKinsey report, up to $265 billion worth of care services currently being delivered in clinics, facilities and physician offices could shift to the home by 2025. This rise showcases the demand for home and community-based services (HCBS), as well as the need for technology solutions to improve quality of care.
“With the rapid growth in the homecare market, our company and team of passionate healthcare professionals continue to seek ways to further innovate to meet the new and changing needs of our provider and payer customers,” said Greg Strobel, CEO of HHAeXchange. “We are proud to make the Inc. 5000 list for yet another year, an accomplishment that only a very small percentage of companies have achieved.”
Companies on the 2022 Inc. 5000 are not only deemed successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of COVID-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.
“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” said Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”
In addition to the Inc. 5000 ranking, HHAeXchange was also recently shortlisted for the 2022 SaaS Awards in the Best Product for Healthcare category, recognized for its Care Insights for Payers solution that helps payers reduce risk escalations and improve health outcomes. Furthermore, the company has expanded its services in several states, and has welcomed five new partners to its Partner Connect Program.
For more information on HHAeXchange and its provider platform and payer solutions, visit hhaexchange.com.