Vitals named to the first Build 100 list with five-year job growth of 1,833%.
LYNDHURST, NJ, March 6, 2014 — Population demographics, advances in technology and emerging regulations continue to make the health care industry one of the most interesting sectors of the economy. And one of the fastest growing.
Since 2007, Vitals has contributed to this quickly shifting landscape. Started as a consumer website to find and rate doctors, Vitals today is a comprehensive website that helps consumers find care providers – including doctors, dentists and urgent care centers – make appointments online, review care facilities and find information to prepare for their visits. In addition, Vitals offers solutions to health plans that help plan members understand the intersection of cost, quality and availability of care in order to make better decisions.
Over the past seven years, Vitals has gone from a 6 person startup to a 110 person strong organization with offices in New Jersey, New York, Boston and Tulsa. That growth earned Vitals a spot on the inaugural Build 100, a new business index that honors an elite tier of companies that have expanded their employment in each of the past five years.
Published by Inc. Magazine, the index was created by studying the growth performance of millions of U.S. midmarket companies between 2007 and 2012. The Build 100 is not just another business award, but a predictive tool built on rigorous economic research showing the only statistically significant predictor of a company’s future success is sustained job growth over time. Every Build 100 company has added jobs in each of the last five years; a feat worth celebrating in any economic climate.
“When we started, we knew we were doing important work to help those who found their health care options mystifying,” said Mitch Rothschild, CEO of Vitals. “It’s gratifying to be rewarded by the marketplace and build a company with fantastic employees who are committed to solving the inefficiencies in the health care system.”
Inc. unveiled the full Build 100 list in its March 2014 issue, and on its affiliate website TheBuildNetwork.com in early 2014. To make the cut, companies had to have achieved employee growth in 2008, 2009, 2010, 2011, and 2012.
“72 percent of all new U.S. jobs are created by 1 percent of companies,” says Inc. economist-in-residence Gary Kunkle. “The Build 100 represents that top 1 percent of that 1 percent. They should be celebrated, but they must also be studied so that we can better understand — and replicate — the decisions, priorities, investments, and strategies that helped them grow.”
The Build 100 is not ranked. To qualify, companies must have been founded and generating revenue by December 31, 2008. They had to be U.S.-based, for profit, and independent — not subsidiaries or divisions of other companies. The minimum number of employees for 2013 is 85; the minimum 2012 revenue was $8.5 million. All Build 100 companies must also agree to participate in a year-long research initiative studying the drivers of sustained growth. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on The Build 100 will be featured in the March 2014 issue on the affiliate website TheBuildNetwork.com.
About The Build Network
Founded in 2011 by two longtime editors of Inc., The Build Network is a management enterprise within Inc. that studies and serves sustained-growth companies with a special quarterly print section, a dynamic web site, live events, research endeavors, and The Build 100 index of sustained-growth firms. For more information, visit thebuildnetwork.com.
Vitals believes that technology makes better health possible. We are a leader in providing online tools and actionable data that enable healthcare consumers to make more informed decisions about the cost and quality of their medical care. Through health plans, hospitals and our leading consumer websites, Vitals helps more than 150 million people each year access information for better, more affordable care.