SCIO Health Analytics® Ranked 187 Among Fastest Growing Companies In North America On Deloitte's 2014 Technology Fast 500™

WEST HARTFORD, Conn., Nov. 13, 2014 /PRNewswire/ -- SCIO Health Analytics®, a leading provider of actionable analytics solutions, today announced that it ranked 187 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. SCIO's revenue grew 552 percent from fiscal year 2009-2013.

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While SCIO Health Analytics' Chief Sales & Marketing Officer Krishna Kottapalli credits the company's innovative solutions, flexibility, and above all, focus on client service and client engagement for its rapid growth, he states that, "our real point of differentiation – what allows us to be real partners in our clients' strategy and what impacts our growth – is our ability to be unique analytics problem-solvers for our clients. We not only help them understand their data; we provide valuable insights into that data that in many ways is more important than simply finding the answers. Businesses are focused on outcomes, and our ability to do this is what sets us apart and contributes in large part to our growth."

"The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. "There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015."

"For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies' DNA," added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. "We're glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas."

Overall, 2014 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 123,678 percent from 2009 to 2013, with an average growth of 1,640 percent.

About Deloitte's 2014 Technology Fast 500™

Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years and be headquartered within North America.

About SCIO Health Analytics^®
Based in West Hartford, Connecticut, SCIO Health Analytics is a leading health analytics services company, serving more than 50 health care organizations including 15 of the top 25 insurers that represent more than 80 million members. Through the use of integrated healthcare data and proprietary algorithms and technologies, SCIO Health Analytics focuses on providing actionable and predictive analytics, business services and insights in the areas of payment integrity, risk and care management, value-based benefit design, consumer engagement, consumer segmentation, ACO analytics, and network analytics to improve healthcare services and results. For more information about SCIO Health Analytics, please visit www.sciohealthanalytics.com.

Contact:
Amy Cabrera
KNB Communications
203-504-8230 ext. 124
[email protected]

SOURCE SCIO Health Analytics

Related Links

http://www.sciohealthanalytics.com

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