WITH 128% GROWTH, FINPAY RANKS NO. 80 ON THE INC. MAGAZINE’S LIST OF THE NORTHEAST REGION’S FASTEST GROWING COMPANIES
PHILADELPHIA, June 1, 2022 /PRNewswire/ — Inc. magazine revealed that FinPay, a recognized leader in pre-care payments and patient engagement, is ranked No. 80 on its third annual Inc. 5000 Regionals: Northeast list, the most prestigious ranking of the fastest-growing private companies based in Connecticut, Massachusetts, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Northeast region’s most dynamic segment– its independent small businesses.
“We recognize that ranking in the Northeast market, a region currently experiencing unprecedented growth, is an achievement in itself,” says Tim Kowalski, CEO & President of FinPay. “This follows our ranking of No. 1,197 on the Inc. 5000 list for 2021, and we couldn’t be more excited about our growth as we look to the future. This award reflects the dedication of our team and the ability to support our customers and their patients. We look forward to continuing to offer pre-care good faith estimates and payment programs to ease the burden for patients that otherwise could not afford their care.”
The companies on this list show a remarkable rate of growth across all industries in the Northeast region. Between 2018 and 2020, these 124 private companies had an average growth rate of 208% percent and, in 2020 alone, they added 5,010 jobs and nearly $2.7 billion to the Northeast region’s economy. Companies based in the New York City and Boston areas had the highest growth rate overall.
Complete results of the Inc. 5000 Regionals Northeast, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/northeast.
“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disrupters and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” says Scott Omelianuk, editor- in-chief of Inc.
FinPay is a fully managed technology solution for Patient Financial Management that is committed to solving the affordability crisis in healthcare by enhancing the patient financial experience through pre-care engagement, expanding healthcare financial literacy, advocating for cost transparency, and offering affordable payment options, all while restoring consumer trust in the American healthcare system.
FinPay Media Contact
Stacy McCloskey Director of Marketing
More about Inc. and the Inc. 5000 Regionals
The 2022 Inc. 5000 Regional are ranked according to percentage revenue growth when comparing 2018 and 2020. To qualify, companies must have been founded and generating revenue by March 31, 2018. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2020 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.