Mindoula Named to The 2018 Inc. 5000 List of America’s Fastest-Growing Private Companies
Published in Press Releases,
Behavioral health company ranks No. 36 on the 2018 Inc. 5000 with three-year revenue growth of 7,310 percent
August 15, 2018 – SILVER SPRING, Md. – Inc. magazine today revealed that Mindoula, a tech-enabled behavioral health management company focused on transforming behavioral healthcare, is No. 36 in the US, No. 3 in Health, and No. 1 in Maryland on its 37th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“When we launched Mindoula in the summer of 2013 with a mission of transforming our broken behavioral health system in the US and around the world, we began with a PowerPoint deck and a single employee. Now five years later, with more than 110 employees and market-leading outcomes in readmissions reduction, collaborative care, population health management, and psychiatry services, we’re experiencing rapid growth across all our interventions,” said Steve Sidel, Founder & CEO of Mindoula. “We are achieving this growth by caring for and serving the underserved, and supporting individuals and families across a rapidly expanding footprint. In the process, we’re significantly reducing the total cost of care even for individuals and families facing the most complex behavioral health and medical challenges. Our inclusion in the top 50 companies in the 2018 Inc. 5000 is confirmation that are mission matters and that our vision is true. We are honored to receive this recognition, and thank Inc. Media for the opportunity to begin to share our story.”
Not only have the companies on the 2018 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc., available on newsstands August 15) been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years.
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/inc5000.
“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” says Inc. editor in chief James Ledbetter. “The lines of business may come and go, or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”
The annual Inc. 5000 event honoring the companies on the list will be held October 17 to 19, 2018, at the JW Marriott San Antonio Hill Country Resort, in San Antonio, Texas. As always, speakers include some of the greatest innovators and business leaders of our generation.
Mindoula is a next generation behavioral health management company that delivers tech-enabled 24/7 care extension, case management, care management, and psychiatry services to populations with behavioral health challenges and medical comorbidities across the continuum of care. Mindoula’s multi-platform technology stack, which includes propriety psychometrics, predictive analytics, and the Mindoula Messenger mobile engagement app, has made the company a market leader in hospital readmissions reduction, collaborative care, care coordination for those with serious mental illness and medical comorbidities, interpersonal violence reduction, measurement-based psychiatry and tele-psychiatry, care network optimization, and Emergency Department overlay services. Mindoula contracts with hospitals, health systems, payers, and primary care practice groups to extend the reach of their teams and programs, and cares for individuals and families through its direct-to-consumer subscription services. For more information visit us online.
Kristi Stovall, Marketing & Public Relations
More about Inc. and the Inc. 5000
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies— as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 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 http://www.inc.com/inc5000.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 18,000,000 today. For more information, visit www.inc.com. The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions. For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.