As home-based care continues to be the preferred care delivery method, it follows that companies delivering these services, as well as vendors in the space, would see growth as a result.
With this in mind, it’s no surprise a number of companies working in the home health, home care, senior care and health care technology industries earned a spot on the latest Inc. 5000 list of America’s fastest-growing companies.
In order to determine who makes its list, Inc. 5000 ranks U.S.-based private companies by examining their financial growth percentages, comparing 2019 and last year.
Some of the standouts include ShiftMed, a company that raised $200 million in funding at the start of the year. The company is making moves to expand its footprint, too.
Another standout — HomeWell – made waves, last year, when it removed its initial franchise fee for new owners looking to enter the home care franchise market.
Telehealth companies like CareBridge and Electronic Caregiver also made appearances on the list this year, among several others. Home Health Care News examined the ranking to highlight 25 of these rapidly growing companies below.
CareBridge — Nashville, Tennessee
— Rank: 1
— Growth: 157,144%
— CareBridge enables people to live in home and community-based settings independently through its software and telehealth services.
Upward Health — Hauppauge, New York
— Rank: 7
— Growth: 30,808%
— Upward Health is an in-home primary care and behavioral health care company. The company works with health plans to aid its members.
Vytalize Health — Hoboken, New Jersey
— Rank: 71
— Growth: 7,026%
— Vytalize Health is an accountable care organization (ACO) and value-based care platform that works with physicians and primary care practices. The company touts in-home care as one of its key solutions.
IntellaTriage — Brentwood, Tennessee
— Rank: 234
— Growth: 2,366%
— IntellaTriage is a nurse triage solution for home health and hospice care.
VitalTech — Carrollton, Texas
— Rank: 327
— Growth: 1,745%
— VitalTech is a remote patient monitoring (RPM) company that works with health care organizations, including home-based care company Home Instead.
connectRN — Waltham, Massachusetts
— Rank: 354
— Growth: 1,626%
— connectRN’s platform helps nurses and other health care professionals find work, particularly in skilled nursing facilities (SNFs) and in the home health space.
Wellthy — New York, New York
— Rank: 399
— Growth: 1,451%
— Wellthy is an employee caregiver benefit provider. The company helps individuals manage caregiving responsibilities.
Vivo HealthStaff — Dublin, California
— Rank: 548
— Growth: 1,065%
— Vivo HealthStaff is a health care recruitment, staffing and consulting company that touts home-based primary care company Heal as one of its clients.
ShiftMed — McLean, Virginia
— Rank: 622
— Growth: 942%
— ShiftMed is a mobile platform that acts as a conduit between health care providers and workers.
UltraCare Services — Beverly Hills, California
— Rank: 927
— Growth: 636%
— UltraCare Services non-medical personal care company that offers care to seniors and disabled veterans.
Electronic Caregiver — Las Cruces, New Mexico
— Rank: 969
— Growth: 612%
— Electronic Caregiver is a company that provides medical alert and telehealth solutions that allow individuals to receive care in their home.
Ultimate Care — Springfield, Virginia
— Rank: 1,027
— Growth: 576%
— Ultimate Care is a home-based care provider that offers both skilled and non-medical care.
Nurturing Angels Home Care — Greenville, Delaware
— Rank: 1,176
— Growth: 502%
— Nurturing Angels Home Care delivers personal care services to seniors based in Maryland and Delaware.
Entrusted Pediatric Home Care — Austin, Texas
— Rank: 1,310
— Growth: 445%
— Entrusted Pediatric Home Care is a pediatric home health company that offers care across Texas.
Barbarakares In-home care services — Milledgeville, Georgia
— Rank: 1,344
— Growth: 433%
— Barbarakares In-home care services is a company that offers personal care services, adult day and home-delivered meals to seniors.
HealthFlex Home Health Services — Oakland, California
— Rank: 2,804
— Growth: 190%
— HealthFlex Home Health Services delivers various in-home services including home health, hospice, palliative care, social work and personal care.
The Perfect Companion — Phoenix, Arizona
— Rank: 2,916
— Growth: 180%
— The Perfect Companion offers concierge home care services for seniors.
Connect Pediatrics — Dallas, Texas
— Rank: 3,066
— Growth: 169%
— Connect Pediatrics is a pediatric home health company that delivers private-duty nursing and therapy.
HomeWell Franchising — Burkburnett, Texas
— Rank: 3,570
— Growth: 138%
— HomeWell is a home care franchise company that has locations across the U.S.
Friendly Faces Home Health and Senior Care — Pearland, Texas
— Rank: 3,850
— Growth: 122%
— Friendly Faces Home Health and Senior Care is a home-based care company that specializes in working with clients who have Alzheimer’s and Dementia.
HHAeXchange — New York, New York
— Rank: 3,880
— Growth: 121%
— HHAeXchange is a home care technology platform and an aggregator of EVV data for payers and providers.
Pediatric Home Service — Roseville, Minnesota
— Rank: 4,033
— Growth: 114%
— Pediatric Home Service is an independent home health care agency that serves children with complex needs.
Certified Homecare Consulting — Salem, New Hampshire
— Rank: 4,197
— Growth: 106%
— Certified Homecare Consulting is a consulting firm specializing in home care and home health.
Prochant — Charlotte, North Carolina
— Rank: 4,557
— Growth: 91%
— Prochant is an AI-driven reimbursement service provider for the home-based care industry.
Sprout Therapy Group — Liverpool, New York
— Rank: 4,572
— Growth: 90%
— Sprout Therapy Group delivers home health, rehab and special education for children.
Editor’s note (Aug. 17, 2023): The above list is based on an HHCN review of the Inc. 5000 ranking. If your company was on the Inc. 5000 list and operates in the home-based care space but wasn’t noted above, please reach out to HHCN.