Inc. Magazine has released its 34th annual Inc. 500 list, an exclusive ranking of the nation's fastest-growing private companies in America. Todays hospitals, health systems, long-term care organizations, and medical groups all face serious challenges posed by the turbulent labor environment. The first, capivasertib, rose to meet both of its goals in a phase-3 trial consisting of breast cancer patients A new mental health-focused partnership between Ellipsis Health and Ceras Health aims at empowering real-time severity scores of anxiety and depression in an effort to support patient care. The growing success of the company stems from its ability to meet a skyrocketing demand for at-home health testing. 84. The companys award-winning electronic health records (EHR) platform, Intelligent Medical Software (IMS), combines EHR, practice management, billing, mobile apps, and office management into one cohesive system. Operating as a non-profit, its community offers services all across America to groups large and small, helping tens of thousands of people with their medical costs. Cue allows users to track their health at the molecular level, displaying how activity, food, and sleep interact. Immunocore is an industry standout in researching and developing biological therapies connected to the bodys T cell receptors. Startups are hard. Penumbra, Inc. The concept behind Sedera is to get like-minded people togetherwith each member expressing a belief in a healthy lifestyleand the company focuses on helping all members minimize their medical expenses. Alto has raised a total of $550 million from investors like Softbank Vision Fund, Greenoaks Capital, Jackson Square Ventures, and Olive Tree Capital. One of the most important names in medical data services is Augmedix, a San Francisco-based company that aims to humanize the medical industry. More than 420000 companies reportedly use Hetzner products in their tech and software stacks. IMS was created with providers specific needs in mind, and by 2003, the company launched Intelligent Pharmacy Software (IPS) to extend its reach to pharmacies. The companys goal is to minimize doubt and maximize the confidence its customers and their patients have in their decisions and diagnoses. Among its many achievements in medical research are its contributions to the world of surgical and sports medicine, with product lines specifically tailored to reversing musculoskeletal injuries and degenerative conditions alike. Premium. The result of a synthesis of AI and machine learning with glycoproteomics, the offerings of Bay Area biotech great InterVenn Biosciences have continued to win widespread acclaim for their critical applications in precision medicine. Founded in Bangalore and still headquartered there, Practo has a longstanding commitment to privacy and equity that has connected patients and doctors since its establishment in 2008. Komodo Health Initially spun off from technology developed at MIT in 1985, Organogenesis got started with the release of Apligraf, its first-of-its-kind living cell-based product that is still approved by the FDA for the treatment of foot and leg ulcers. Due to this extensive reach, the company touches the lives of more than 180 million people around the world each year and serves more than 6,000 global customers, including 75% of the top 100 medical device manufacturers. Hetzner Company Profile | Management and Employees List Clinical ink Founded in 2013 and headquartered in Brisbane, California, Caption Healths mission is to detect disease earlywhen there is the highest potential for impactby leveraging artificial intelligence and ultrasound. As a technology company dedicated to healthcare cost reduction, Exponent Health is leading the future with solutions powered by Expio. The Edwards Lifesciences Foundation supported more than 250 global charities in 2021 and continued its work with Every Heartbeat Matters, the Foundations primary philanthropic initiative, to improve the lives of 2.5 million additional underserved structural heart and critical care patients by the end of 2025. Category: Software & Data. It employs approximately 125,000 individuals in its international offices and production facilities, most notably from its headquarters in Basel, Switzerland and Cambridge, Massachusetts. With new partnerships announced with Lumea and Highmark Health, it is continuing to play an active role in some of the latest developments in health tech. Suraksha Diagnostics is a well-known diagnostic services company that offers pathology and radiology. The company is at the crossroads between innovation and commercialization, and it is passionate about bringing fresh, common sense solutions to patient care. Intra-Cellular Therapies In fact, over the years, they have generated more than 6,000 recombinant proteins currently in stock. The Healthcare Technology Report is pleased to announce The Top 100 Healthcare Technology Companies of 2022. Backed by millions of clinically-validated patient data points and insights from more than 70 leading healthcare centers across the country, the company is driven by values including accountability, empathy, and collaboration. Sony Biotechnology's origins go back to 1995, when it was first launched under the name iCyt Mission Technology, later becoming well-regarded for its innovation in the flow cytometry industry. Aohua is a well-known manufacturer of medical endoscopes around the world. In the way that Uber and Airbnb have disrupted their respective industries, Sedera is turning the traditional health insurance model on its head with its innovative peer-to-peer medical sharing model. This year, in line with the companys deeply held values related to ecological sustainability, the long-celebrated LoFric product was recognized for its environmentally friendly production and life cycle with the Nordic Swan eco-label, the first ever granted to such a product. Crescendo Bioscience was the fastest growing healthcare company. The 100 Fastest Growing Companies CitiusTechs cutting-edge technology expertise, deep healthcare domain expertise, and a strong focus on digital transformation enable organizations to deliver better outcomes, accelerate growth, drive efficiencies, and make a meaningful impact to patients, caregivers, and consumers. With additional equipment, technology, and staff investments, CDI stays committed to delivering an industry-leading diagnostic experience to provider partners and their patients. Tandem is responsible for the development and production of the t:slim X2 insulin pump with Control-IQ technology, one of the most trusted names in user-friendly digitally enabled insulin pumps for individuals with Type I diabetes. What are the Fastest Growing Private Companies in America? On Deck is where top talent comes to accelerate their ideas and build companies, surrounded by a world-class community. 63. 85. By proving the viability of delivering the power of a hospital to patients at home and high-quality outcomes met with unprecedented patient satisfaction, the organization is bringing tech-enabled home-based medical care to the next level and moving the industry forward. The company has raised more than $25 million to date from institutional investors, family offices, and more than 70 physician champions. Digital health technology and services provider TELUS Health is the power behind the digital health ecosystem used by 130,000 physicians to treat millions of patients across Canada. Having perfected the telemedicine niche at a critical moment of need, the Co-Founders and Chief Executive Officers have steered their company to a $3 billion valuation in just six years, and have continued to change the game in how doctors and patients alike use technology for the care they need. Category: Medical Devices. She joins Alto from Amazon, where she led global customer fulfillment, Amazons largest team, and previously General Motors, where she led global manufacturing, among many other teams. Vizzia Technologies Later, in 2013, the company went bicoastal by relocating its headquarters to Boston, while keeping its manufacturing facility in Hayward, California. Eva is working on a wearable gadget that can identify breast cancer risks that is both accessible and non-invasive. Fortis Healthcare is a leading integrated healthcare delivery provider in Asia-Pacific. Mid-cap stocks rank between 101 to 250 in terms of market capitalisation. The Healthcare Technology Report is pleased to announce The Top 25 Women Leaders in Medical Devices of 2022. Headquartered in Oxfordshire, England with offices in Pennsylvania and Maryland, Immunocore traces its history to its founding in 2008 as a spinoff of MediGene, and previously to T cell receptor technology developed by Dr. Though it got its start as a discreet, simple method of treating ED, Ro built itself into a provider of whole health solutions, garnering praise for its offerings in smoking cessation, womens health, and most recently, at-home COVID testing. Since then, Transcenta has become one of China's unequivocal success stories. Exagen is best known for its rheumatology and autoimmune testing products, which have rapidly become the gold standard in their respective fields. The company recently upgraded its InVIEW software platformproviding real-time data analytics and reports to improve patient careand expanded its clinical Environmental Monitoring solution that is fully compliant with key federal guidelines from the U.S. FDA and NIST. Centura traces its roots to a dedicated, compassionate order of Catholic sisters in 1882, and has pushed since its founding 25 years ago to deliver on that mission of building healthy people and communities. Ongoing research has confirmed optimal health outcomes among t:slim X2 users the world over, and with the recent acquisition of insulin set developer Capillary Biomedical, Tandem is preparing to carry their tradition of innovation and service into the future. As a result, theyre transforming the facility-based care model and solving many hurdles to in-home care, including on-demand logistics that deliver providers and equipment quickly. RXNT is a fast-growing healthcare technology company headquartered in Annapolis, Maryland. Fueled by mass spectrometry and liquid chromatography, the companys platform enables the development of enhanced decision-making and assay support. Category: Consumer HealthTech. Xoran Technologies product line consists of the MiniCAT in-office CT scanner, the xCAT ENT mobile intraoperative CT scanner, and XoranConnect, a web-based medical image viewing and archival tool. Formerly based in Santa Barbara, California, in 2019, it moved its headquarters to Atlanta, Georgia. 3 Fastest-Growing Firm in the U.S. and as one of the top 4 'Firms To Watch' for 2021. Founded by engineer Miles Lowell Edwards in 1958, the company has 16,000 employees around the world with manufacturing operations in North America, Europe, Singapore, and the Caribbean. Top 4 Health Diagnostics Accelerators and Incubators. 47 Accelerate Diagnostics, Inc. Medical devices 3,679% Tucson Arizona Jack Phillips Flo Health is the company behind the celebrated app of the same name, the female health program that is most recommended by OB-GYNs and is used by more than 230 million women around the world. The company helps healthcare organizations get better at identifying problems and addressing them with better knowledge and skills. 28. BillionToOne was founded in 2016 and is led by Co-Founder and CEO Oguzhan Atay, PhD. For its labors in these noble fields, the CSR World Leader company was named one of Peoples Companies That Care in 2021, and has received praise from the IBIO Institute and the Communitas Awards. Canary Medical was conceived of and created by a team of surgeons, medical device developers, and IoT experts, to pursue healthcare transformation through improved and cost-saving medical data devices. Sino Biological is also dedicated to the study of infectious diseases and immunology. A towering figure in the world of genomics, it has leveraged its teams medical and technological expertise to become one of the leaders in bringing truly personalized medicine to life, unlocking new solutions for cardiology, immune-oncology, ophthalmology, and rare disease treatment. With around 150 employees working diligently to "cut the cord" for patients and providers, the company has been recognized on the Inc. 5000 List of Fastest Growing Companies in America and has been awarded a variety of innovation awards for its patented products. Flo Health Out of the many hero companies that arose to help the world meet the challenge of the COVID-19 pandemic, one of the inarguable standouts was California biotech research company Cue Health. Category: Biotech. Launched as the first dedicated provider of value-based kidney disease care in the United States, Somatus was started by doctor and entrepreneur Dr. Ikenna Okezie. Now, the Pittsburgh-based company is focused on leveraging its novel, redosable gene therapy platform and in-house manufacturing capabilities to develop therapies to treat serious rare diseases. As a clinical stage biopharmaceutical company, Transcenta fully integrates antibody-based biotherapeutics discovery, research, development, and manufacturing. The fruits of the companys mammoth achievement included a striking $3 billion valuation last year. It has sold nearly 100,000 devices, worked with more than 14,000 prescribers, and conducted many clinical trials, developing new research and development strategies constantly. Alto is transforming a $500 billion industry by unlocking potential at every step of the prescription process. Software Testing Professional is a company that operates in the Computer Software industry. It is designed to meet the needs of surgeons seeking more-nimble, cutting-edge surgical tools. Category: Software & Data, Clinical ink is the global life science company that brings data, technology, and patient science together. 88. In renegade.bio's first year, during the onset of the COVID-19 pandemic, the company tested more than 40,500 people for SARS CoV-2, including nearly 7,000 tests provided at no-cost to Bay Area community members. Life sciences technology pioneer Axtria was built to harness the best in cutting-edge data science and cloud technology and use it to improve health outcomes around the world. From its home base in San Francisco, Carbon Healths platform enables individuals across the country to make virtual or in-person appointments with their primary care provider, urgent care provider, or mental or behavioral health specialist. Omada boasts an enrollment in excess of 500,000 people across the U.S., and is partnered with major organizations including Cigna, Kaiser, Iron Mountain, and Costco. The company is headquartered in Gunzenhausen, Bavaria, Germany. Read More. Das Hafner is a company that operates in the Restaurants industry. In the last year alone, Qventus real-time platform generated more than 15 billion patient-level predictions, enabling health systems to eliminate more than 200 years of excess days and generate over 10x ROI. Category: Software & Data. The 70 Best Health Diagnostics Fast-Growing Startups Updated: March 26, 2022 | Have you ever wondered who is on the list of Health Diagnostics startups with the highest growth rates? XIL Health Category: Medical Devices. Helix is the leading population genomics and viral surveillance company. Commonwealth Diagnostics International This clinical superiority creates high expectations, which the team at Hologic fulfills by always challenging itself to improve health through better technology, education, and market access. Its services are installed in more than 150 healthcare facilities across the U.S. Vizzias solutions include: asset management, contact tracing, environmental monitoring, hand hygiene, hospital wayfinding, and patient workflow. Force Therapeutics This allows for a safe, convenient, and cost-effective alternative to IV administration. This expertise provides the insights needed to see and act on the opportunities, challenges, and solutions to ensure a successful commercial effort while improving the patient experience. The vision of Ascom is to close digital information gaps allowing for the best possible decisionsanytime and anywhere. Novo Holdings. 49. The Healthcare Technology Report is your comprehensive source for business news, investment activity and corporate actions related to the healthcare technology industry. The company is best known for its best-in-class cloud-based analytics platforms, DataMAx, SalesIQ, InsightsMAx, and CustomerIQ, which have leveraged AI and machine learning to help life sciences operators make the most of their data for the benefit of their clients. Based in San Jose, California, it now has affiliate offices in Japan, China, and Europe, as well as distributors in many regions of the world. DentalMonitoring The company operates through two divisions: Zynex Medical and Zynex Monitoring Solutions. Ocimum Biosolutions is a global integrated genomic services company with operations in Hyderabad, India, and Houston, Texas. Cincinnati-based Enable Injections is worried about only one thing: redefining drug delivery for the benefit of patients, providers, payers, and partners. MGC Diagnostics Corporation Ranked Among Fastest-Growing Private Companies in the Twin Cities Metro-Area by Minneapolis/St.Paul Business Journal. Healthians is an online platform that offers home health testing. Bent Jakobsen at Oxford University in 1999. Founded in 2012, the company has developed a complete system to automate care operations and is a partner to leading health systems and providers nationwide, including Boston Medical Center, HonorHealth, M Health Fairview, Saint Lukes Health System, and UAMS Health. Category: Software & Data. The company has continued to push the envelope when it comes to insulin management, developing new and better device software while leveraging user data to drive new insights into diabetes treatment. For its ability to deliver on the lofty goal of promoting human health, Thrive Global has attracted a great deal of attention from investors, most recently earning an $80 million round of Series C funding in the summer of 2021. It was also named the BioSpectrum - Bioinformatics Company of the Year in 2011 and 2012 and was listed in the third annual Inc. 5000, an exclusive ranking of Americas fastest-growing private companies. You can find the best 5 in this article. From formulary optimization to dynamic medical claim repricing to cloud-based analytics, Expio intelligently delivers optimizations and insights to amplify business successand it is all supported by best-in-class operations and the highest security and compliance standards, including HITRUST certification. XIL Health is a women-led strategic analytics and technology company in the drug economics industry that allows retail pharmacies to use real-time metrics to make strategic decisions in a rapidly-changing marketplace. Based in Austin, Texas, OriGen Biomedical is a leading producer of cryopreservation, cell culture, and respiratory products. Founded by Krish Krishnan and his wife Suma Krishnan, Krystal Biotech is working to develop treatments for rare, orphan skin diseases caused by the absence of, or a mutation in, a single gene. From companies like Novartis with more than 100,000 team members around the globe, to numerous smaller startups with just a few dozen employees in a single office, these companies are changing the face of the industry. 82. DispatchHealth is partnered with industry powerhouses to expand access to exceptional healthcare to as many people as possibleand theyre just getting started. When Edwards was established as a separate company from Baxter in 2000, the company was formed around a credo which serves as a reminder to always put patients first, and that as a company Edwards will remain committed to making a positive impact on the quality of life for patients around the world. Since 2016, Precision Value & Health has been bringing specialized expertise to every juncture of the creation-to-commercialization continuum for its clients in the life sciences space. 44. Its evidence-based virtual care programs are demonstrated in clinical trials to help employees improve their health and manage chronic conditions including diabetes prevention and management, hypertension, and behavioral health. Here is a list of 7 Industrial Automation companies that have achieved unicorn status. Today, RXNT has grown immensely, with a range of award-winning, certified healthcare technology solutions, including Electronic Health Records, Practice Management with Medical Billing and Scheduling, Patient Engagement & Telehealth, integrated mobile applications, and more. Force was founded by Chief Executive Officer Bronwyn Spira, who boasts more than 20 years of clinical physical therapy experience. In 2021, for the third year in a row, RXNT was named to the Inc. 5000 list of Americas Fastest-Growing Private Companies. PathAI is working on technology that will help pathologists make accurate and timely diagnosis for every patient. The tool helps align lab tests with clinical guidance and automates large parts of lab benefit administration. BillionToOne has also recently used its QCT technology to develop therapy selection and therapy monitoring products for cancer, Northstar Select (TM) and Northstar Response (TM), currently available for research use and expected to be available commercially early next year. Integrating with EHRs, the Qventus platform uses AI, machine learning, and behavioral science to power best-practice solutions for inpatient, perioperative, emergency department, and command center settings. To advance social equity, Edwards established a Social Impact Investment Fund with $100 million to support economic development in predominantly Black and underserved communities in the U.S. With numerous products in the pipeline now, Krystal continues to develop its portfolio, which necessitates more room to grow. More recently, in May 2022, LetsGetChecked, a leading global healthcare solutions company, announced that it had finalized the acquisition of BioIQ, with plans of having BioIQ operate as a wholly-owned subsidiary. 77. In addition to making care operations automation solutions available to more providers, the partnership will enable co-development of new solutions that combine Premiers expertise and unique data assets with Qventus technology platform and expertise in AI and machine learning. In addition to its already significant work improving the health outcomes of rare disease patients, Horizon supports an impressive array of community outreach initiatives, working to advance STEAM education and environmental sustainability in partner sites around the world. Following its last round of funding, which occurred in March 2021, the company has raised $675 million to date. Allcyte is a biotech start-up focused on patient-centric precision medicine and medication discovery employing high-content imaging and artificial intelligence. In December 2021, it announced that it was ranked on the Deloitte Technology Fast 500 for the fifth time in the last eight years. Its technology partners include: CenTrak, Sonitor Technologies, Cooper Lighting, Kontakt.io, and Phunware. The Paris-based company is still the only provider in the world of AI-based remote monitoring of orthodontic appliances, and its proprietary program has built the largest visual orthodontic database in the world while alerting dental professionals to a wide variety of oral events. Category: Software & Data. Das Hafner - Overview, News & Competitors | ZoomInfo.com Ascom registered shares (ASCN) are listed on the SIX Swiss Exchange in Zurich. 11. The companys central product line have become indispensable in the effective treatment of patients and overcoming the hurdles of sepsis and antimicrobial resistance. Tandem Diabetes Care is a medical device company that has become synonymous with quality, reliable care for diabetes sufferers the world over. Meditab continually works to achieve innovation, convenience, and efficiency in order to help Providers stay at the forefront of their patient care. In 2022, the company closed a funding round of $2.5 million in new capital, which it will use for product development and additional research. Further research by the company has led to the development of new drugs with the potential to treat opioid use disorder, heart failure, and depressive disorders. The news arrived on the heels of several positive strides for the company, which has experienced record year-over-year growth. In September 2021, Sino Biological approved a $23.5 million proposal to establish a wholly-owned subsidiary within Taizhou China Medical City Park. Category: Consumer HealthTech. Please join us in celebrating these exciting accomplishments. CitiusTechs deep commitment to world-class quality and unwavering focus on delivery excellence and client satisfaction is evident in their customer satisfaction score of 4.5/5 and a Net Promoter Score (NPS) of over 70. Liquid Biopsy, Genomics, A.I., Cancer Diagnostics. The San Francisco-based company began in the storage closet of a small independent pharmacy. There are hundreds of companies in this space, and it can be difficult to keep track of them all. 68. Although all of the companys developments hold great potential for saving and improving human life at a tremendous scale, the initial testing of a new protocol for treating HIV has shown great promise, and that as well as other successes have spiked its stock to a new high. Carbon Health was started in 2015 by immigrant entrepreneurs Eren Bali and Caesar Djavaherian, who saw a gap in the U.S. healthcare system and devised a means to use technology to remove boundaries to care. With more than 7,000+ healthcare technology professionals, CitiusTech provide strategic consulting, digital engineering, data, analytics & AI, specialized platforms, and end-to-end solutions to more than 130 organizations across the payer, provider, medtech, and life sciences industries. Building a unicorn startup is even harder. In addition to its central focus on designing and implementing technical marvels across the life and health sciences sector, it develops critical process solutions for laboratory equipment, vacuum technology products, and equipment solutions for hospitals the world over. Our growth rate was over 45%. Category: Software & Data. The Companys COVID-19 Vaccine Model received both an R&D 100 Award and Edison Award in the past year. For information pertaining to content permissions, please refer to The Healthcare Technology Reports award usage regulations. FT ranking: The Americas' Fastest-Growing Companies 2023 The awardees on this year's list represent the absolute best in the healthcare technology space. It has committed itself to offering CT imaging that provides a convenient and simple solution for both patients and doctors, and it is devoted to meeting the needs of todays physicians and aiding them in providing an accurate diagnosis using its low radiation dose scanners. In addition to expanding through innovation, the company has also grown through a recent acquisition. In 2021, Avalon helped payers achieve $39 million in annual member out-of-pocket savings. Einstein II empowers them to recruit more effectively, fill openings more expeditiously, and ensure staffing goals are achieved less expensively. 18. BilionToOne has raised more than $200 million in funding, with their most recent Series C funding round of $125 million closing in March 2022. The result is heightened efficiency, productivity, and resource utilization that ultimately leads to increased patient volume and revenue. It makes imaging for early disease detection possible, thus supporting an informed and personalized care pathway that saves time, resources, and positively impacts lives. Based in Boulder, Colorado, Biodesix, Inc. is a leading data-driven diagnostic solutions company helping answer critical clinical questions faced by physicians, researchers, and biopharmaceutical companies, with a primary focus in lung disease. BillionToOne is a molecular diagnostics company with a mission to make molecular diagnostics more powerful, accurate, and accessible for all. Meanwhile, Avalon continues to innovate. 2021 Fastest-Growing Firms in the U.S. | Haynie & Company Ascom is a global solutions provider focused on healthcare collaboration and communications solutions. Thrive helps individuals and organizations improve well-being, performance and mental resilience with its AI-powered behavior change technology platform. Among the organizations that have come to rely on their partnership with Cue are ConocoPhillips, Johnson & Johnson, and a variety of national sports leagues. Today, Integra LifeSciences has grown immensely, with more than 3,000 employees worldwide as well as offices, manufacturing, and research facilities in Asia, Australia, Europe, the Middle East, and the Americas. This helps lower costs and simplifies supply chain management by eliminating error-prone, manual order processes.