Inc. Magazine Unveils Its Annual Exclusive List of
America’s Fastest-Growing Private Companies—the Inc.500|5000
SynaptiCore, LLC Ranks No. 3675 on the 2011 Inc. 500|5000
with Three-Year Sales Growth of 43%
NEW YORK, August 23, 2011 -- Inc. magazine today ranked SynaptiCore, LLC NO. 3685 on its fifth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Online retailer ideeli tops this year’s list. SynaptiCore, LLC joins Spirit Airlines, television maker Vizio, Honest Tea, Dunkin Donuts and Metrokane, makers of the Rabbit corkscrew, among other prominent brands featured on this year’s list.
In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having d 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. magazine Editor Jane Berentson.
CONTACT: Mustafa Raja, 281 833 1000, mraja@synapticore.com
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More about Inc. and the Inc. 500|5000
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Methodology
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
About the Inc. 500|5000 Conference
Each year, Inc. and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars—the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. community, both a new class of Inc. 500|5000 honorees and the list’s alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 22–24, 2011, at the Gaylord National Resort and Convention Center in National Harbor, Maryland, located minutes from downtown Washington, D.C. For more information about the 2011 Inc. 500|5000 Conference & Awards Ceremony and to register, visit www.inc500conference.com or call 866-901-3205.
Friday, July 10, 2009
Stimulus funds spur new breed of health care consulting contractsHouston Business Journal - by Mary Ann Azevedo
Healthcare IT consulting firm SynaptiCore is linking payment to performance as part of an effort to help hospitals meet stimulus mandates.
The Houston based firm is now offering hospitals milestone-based consulting agreements that link payments for services directly to the completion of specific outcomes or deliverables.
John Serrano, SynaptiCore, vice president and principal partner, says that by doing so, his firm can help hospitals meet the requirements to qualify for incentive money from the government.
The federal government’s American Recovery and Reinvestment Act of 2009 includes another act specifically related to health care IT called the Health Information Technology for Economic and Clinical Health Act.
More than $30 billion has been allocated to direct adoption incentives for “meaningful use” of certified electronic health records. To qualify for incentive money, hospitals must implement an EHR tem to meet “meaningful use” and “interoperable” requirements and must also hit specific deadlines. Read Full Article
Healthcare IT Consulting Firm Introduces Milestone-based Contracts for Hospitals Striving to Meet Stimulus Mandates
SynaptiCore Links Pay to Performance to Provide Quality Assurance, Risk Reduction to Clients
HOUSTON, TX — JUNE 24, 2009 – SynaptiCore (www.synapticore.com), a Houston-based healthcare IT consulting firm, announced today that it is offering hospitals new milestone-based consulting agreements that link payments for services during an engagement directly to the completion of specific outcomes.
In a departure from traditional “time and material” contracts often used in healthcare IT consulting, SynaptiCore’s initiative recognizes that hospitals face an era of profound change being driven by the ARRA (American Recovery and Reinvestment Act). In response, SynaptiCore’s milestone-based contracts for ARRA consulting seek to deliver the industry’s highest level of accountability in helping hospitals successfully meet the upcoming regulatory requirements and deadlines.
“The tidal wave of regulatory mandates hospitals face today from ARRA and other state and federal initiatives is driving unprecedented new investments in healthcare IT,” said Mustafa Raja, Founder and President of SynaptiCore. “Our world is changing, and with change comes uncertainty and risk. As we assist clients in meeting these mandates, we believe that milestone-based contracts are an innovative way to reduce both uncertainty and risk as hospitals make these sizable new investments in healthcare IT.” Read Full Press Release