Viverae, a leading provider of health management solutions, has been named to the 2011 Inc. 5000, ranking 1127 and being recognized among the nation’s fastest growing companies for the third year in a row.
In 2010, Inc. Magazine ranked Viverae as 316 on the Inc. 500 list. With continued growth in 2011, Viverae was named among the Inc. 5000 list.
Inc. recognized Viverae’s three year revenue growth of 264%-percent. With this growth percentage, Dallas-based Viverae ranked 79 out of the top 100 companies in the health industry nationwide and ranked 30 out of the top 100 fastest-growing private companies based in the state of Texas. Viverae creates
health management programs that help organizations reduce health care costs through improved employee health.
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 created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
“Viverae has experienced tremendous growth over the past few years due to our ability to evolve with the ever-changing health care industry,” said
Michael Nadeau, president and chief executive officer of Viverae, who founded the company in 2003. “To be recognized again on a national level by Inc. makes our growing momentum within the marketplace all the more meaningful. We remain focused and diligent on effectively serving our growing client base, and expanding our solution suite and technology platform functionality, as we continue to help shape the emerging health management industry.”
In addition to revenue, Viverae has also seen growth of its employee base. The Viverae team grew by 73 percent from 2010 to 2011, and has plans to expand the team in order to meet the increased corporate demand for comprehensive health management solutions.
“Viverae’s vision is to help corporations be successful in controlling rising health care costs and to improve a generally unhealthy workforce,” Nadeau continued. “Viverae’s hands-on programs are a unique combination of health assessments, targeted outreach, preventive care, creative engagement activities and meaningful incentives that are aligned with each client’s culture and health profile.”
"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.
Viverae 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. Viverae’s profile for the Inc. 5000 can be found online at http://www.inc.com/inc5000/profile/viverae.
Inc. magazine is hosting the Inc. 500|5000 Conference & Awards Ceremony Sept. 22-24, 2011 at the Gaylord National Resort and Convention Center in National Harbor, Maryland. 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. For more information about the 2011 Inc. 500|5000 Conference & Awards Ceremony and to register, visit www.inc500conference.com or call 866-901-3205.
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 Viverae
Founded in 2003, Viverae (viv-AIR-ā) is a national provider of comprehensive health management solutions that helps corporations reduce health care costs through improved employee health. Dallas-based Viverae helps employers and their employees control health care costs by identifying, addressing and reducing health risks before they turn into significant medical expenses. Viverae’s programs are a unique combination of assessments, outreach, activities and employee incentives, based on each client’s culture and health profile. For more information, visit www.viverae.com.
