For the Fourth Time, AscellaHealth Makes the Inc. 5000,
at No. 609 in 2024, With Three-Year Revenue Growth of 746.1 Percent
For the Fourth Time, AscellaHealth Makes the Inc. 5000, at No. 609 in 2024, With Three-Year Revenue Growth of 746.1 Percent | Business Wire
NEW YORK, August 13, 2024 – Inc. revealed today that AscellaHealth ranks No. 609 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
“Our tremendous and continued year-over-year growth and consistent ascent on the Inc. 5000 is clear evidence that our innovative, end-to-end specialty pharmaceutical solutions and patient-centric care approach are making a transformative impact on the global healthcare ecosystem for the clients we serve and patients we support,” says Dea Belazi, CEO and co-founder, AscellaHealth. “This high ranking as one of the country’s most successful and fastest-growing companies reflects the expansive network of partnerships we have established and the diverse range of services that are key to our success. We have played a pivotal role in successfully launching products and implementing highly effective market access strategies through our strategic partnerships with leading pharmaceutical and biotech manufacturers, payer organizations and healthcare companies globally. These efforts have accelerated patient access to specialty therapies and optimized clinical outcomes for individuals with complex or rare conditions. Our tailored, consultative approach streamlines processes, leading to significant cost savings for our clients. The entire AscellaHealth team takes pride in these achievements, contributing to our incredible three-year revenue growth rate.”
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added
874,458 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of
Inc. magazine, available on newsstands beginning Tuesday, August 20.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
Belazi continues, “The growing pipeline of specialty, rare disease and cell and gene therapies, especially for individuals with complex conditions, continues to drive the need for our global corporate footprint. We are profoundly grateful to play a role in enhancing access to treatment and enabling patients to achieve greater access to care and an optimized treatment journey. Our unique approach and patient-centric care model reinforce our unwavering commitment to developing innovative solutions and programs that deliver real differentiated value to our clients, partners and patients. As we continue to expand, our focus remains on improving patient outcomes, fostering strong partnerships and driving transformative change in the healthcare landscape.”
In addition to four consecutive features on the Inc. 5000 list, AscellaHealth has been named one of “America’s Fastest Growing Companies” the last two years by Financial Times. In 2024, AscellaHealth won Silver at the Stevie American Business Awards, and in 2023, AscellaHealth was featured as Deloitte Fast 500 Fastest Growing Company. AscellaHealth was recognized as the Life Sciences and Healthcare Company of the Year at the 2023 PACT Enterprise Awards and the Company’s specialty pharmacy, Optime Care, earned the prestigious Leaders in Performance Measurement award from URAC, the nation’s largest independent health care accreditation organization, for demonstrated commitment to improving healthcare quality through continuous quality improvement. The company sponsors an Annual Gene Therapy and Specialty Pharmacy Awareness Month in September and has been featured as a Philadelphia 100, Best Places to Work, Soaring 76 and Top Workplaces winner.
About AscellaHealth LLC
AscellaHealth is a global partner that delivers proven end-to-end solutions to both life sciences and healthcare companies to enhance quality of life for patients with complex, chronic conditions. A dedicated team gets critical healthcare products from manufacturers to patients while ensuring an efficient flow of funds between payers and pharma. Visit
www.AscellaHealth.com.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 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 four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism,
Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future.
Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious
Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit
www.inc.com.
For more information on the Inc. 5000 Conference & Gala, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.