BOCA RATON, Fla. , Aug. 14, 2024 /PRNewswire/ -- Knowtion Health, one of the nation's leading healthcare revenue cycle companies, gained recognition from Inc.
as one of the fastest-growing privately held companies in America for the third consecutive year. This year, Knowtion Health's ranking on the Inc. 5000 list is up 277 spots over last year's ranking.
The Inc. 5000 list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment—its independent businesses. Companies on the 2024 Inc.
5000 are ranked according to the percentage of revenue growth recorded from 2019 to 2023. "In a time of rising payment pressures and increased denials, Knowtion Health's continued ranking on the Inc. 5000 list of fastest-growing companies reflects our expertise in protecting revenue for health systems nationally," said Jayson Yardley , CEO, Knowtion Health.
"Our work demonstrates the importance of having a skilled revenue cycle management team on your side to combat denials and strengthen an organization's financial health." The companies on the 2024 Inc. 5000 demonstrate resilience amid continued economic changes, labor shortages, and supply chain woes.
These companies generated $317 billion in revenue in 2023 and added nearly 875,000 jobs to the economy last year. Knowtion Health's success in insurance claim resolution and recovery is a vital resource for healthcare organizations as they face low margins and increased claims scrutiny from heal.