50 digital health companies share 2016 revenues to land on the Inc 5,000 list
It’s become an annual tradition for MobiHealthNews to parse Inc. Magazine’s Inc 5,000 list of fastest growing companies in America, calling out the digital health and health tech companies that made the list. We found more companies than ever on this year’s list, some you’ll recognize and some you may not. While MobiHealthNews doesn’t generally report on awards, we make an exception for Inc because it’s based on hard data, albeit self-reported. Inc ranks the companies by the percent change of annual revenue in a three-year period. This allows small companies to hang with larger ones, but it also means it can be hard for a company to hold onto its spot on the list, since companies often have big growth early on that levels out as they become established. Finally, it means we get an inside peek at the 2016 revenues of these companies, most of which are private and don’t normally share that data. Sonic Boom Wellness 2016 revenue: $4.9 million. Located in Carlsbad, California, Sonic Boom Wellness’ technology products offer a wellness program designed for business clients specializing in improving employees’ daily health habits through games and incentives. They’ve grown 40 percent in the past three years. Read the full article here.