NEW YORK, Dec. 1 Inc. ranked Passport Health 3,296 on itsannual ranking of the 5000 fastest-growing private companies in the country.The list is the most comprehensive look at the most important segment of theeconomy -- America's independent-minded entrepreneurs. Taken as a whole,these companies represent the backbone of the U.S. economy.
"Our second annual Inc. 5000 continues the most ambitious project inbusiness journalism," said Inc. 5000 Project Manager Jim Melloan. "The Inc.5000 gives an unrivalled portrait of young, underreported companies across allindustries doing fascinating things with cutting-edge business models, as wellas older companies that are still showing impressive growth."
Passport Health has become the nation's largest provider of travel medicalservices and vaccinations growing form 106 offices in 2006 to more than 160.Passport Health provides destination-specific travel health information andimmunizations for international travelers. Clients include major corporations,universities and NGO's. "I am thrilled that our company is being recognizedwith this honor," commented Fran Lessans, Passport Health's founder and CEO.
Passport Health's Travel Medicine Specialists administer and prescribevaccinations and medications recommended by the CDC, WHO, and other worldsurveillance organizations that constantly monitor outbreaks and other healthhazards that affect travelers when they arrive at their destination. Servicesinclude a full range of immunizations, travel health information, protectivevaccines for a healthy lifestyle, and on-site immunizations for groups andorganizations, including flu clinics. More information on Passport Health canbe found at http://www.passporthealthusa.com.
The 5000 companies that made the list reported aggregate revenue of $185billion and median three-year growth of 147 percent. Most important, the 2008Inc. 5000 companies were engines of job growth, having created more than826,033 jobs since those companies were founded. Complete results of the Inc.5000, including company profiles and a list of the fastest-growing companiesthat can be sorted by industry and region can be found athttp://www.inc5000.com.
Hottest Regions for Fastest-Growing Companies
The New York metro area tops the Inc. 5000 list with the most companies ofany city with 355. Washington, D.C. comes in a close second with 300companies on the list; Los Angeles comes in third with 244 companies, andAtlanta (194 companies) and Chicago (189 companies) round out the top five.Interestingly, only 62 companies on the Inc. 5000 are not based inmetropolitan areas.
Grand Rapids, Mich. leads the list with the highest median revenue of anymetro area ($26.2 million, 16 companies), followed by San Antonio, Texas($21.3 million, 25 companies), Baton Rouge, La. ($18.8 million, 14 companies),Houston ($17.1 million, 97 companies), and Kansas City, Mo.-Kan. ($16.5million, 39 companies).
Hottest Industries for Fastest-Growing Businesses
The most notable median growth categories among the Inc. 5000fastest-growing businesses are in the Energy category (which grew by 298%),followed by Government Services (which grew by 220%), Security (200% growth),IT Services and Software (both grew by 187%), and Consulting (which grew by182% on average).
The largest business category is IT Services, with 579 Inc. 5000companies. Business Services (532 companies), Construction (459),Manufacturing (405), and Advertising & Marketing (361) complete the top fiveindustries ranked on the 2008 Inc. 5000.
Industries reporting the highest median revenue are Travel ($38.8million), Financial Services ($16.3 million), Logistics ($15.4 million)Government Services ($14.2 million), and Energy ($14.2 million).
The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007.To qualify, companies must be U.S.-based and privately held, independent --not subsidiaries or divisions of other companies -- as of December 31, 2007,and have had at least $200,000 in revenue in 2004, and $2 million in 2007.
Companies can apply for next year's Inc. 5000 by registering with"IncBizNet, Business Network for Private Companies", athttp://www.incbiznet.com.
About Passport Health: Founded in 1994, Passport Health is the largestprovider of travel medical services in the United States with convenientlocations nationwide. Whether you are traveling for business or pleasure wecan prepare you for your trip with destination-specific travel information,immunizations, specialty travel products, and international travel healthinsurance. Passport Health is a leading provider of travel health informationand immunizations for international travelers, major corporations,universities and other international organizations. Our nationwide staff iscomprised of professionals that include board-certified physicians andregistered nurses who have completed rigorous training in the field of travelmedicine and immunology. We currently operate 166 locations in 36 states.
Passport Health's services include adult and adolescent immunizations forbusiness and leisure travel, college, immigration, military readiness,disaster relief, and bioterrorism response. Our on-site services for employersand schools include onsite clinics for Flu, Meningitis, and more. PassportHealth has provided anthrax vaccinations and smallpox vaccination training andhas worked with the US military, Post Office, and Federal employees andcurrently runs a 24/7 immunization call center for the Department of Defense.
Inc.com, the daily resource for entrepreneurs, delivers how-to guides,advice, tools, breaking news, and rich multi-media to help business owners andCEOs start, run, and grow their businesses. Inc.com offers dynamic marketingsolutions to help advertisers effectively reach Inc.com's audience of businessleaders. Visit http://www.inc.com.
Jorge Eduardo Castillo
SOURCE Passport Health