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Inc. Magazine Names WellMed Among Most Successful Private Companies For 2nd Year

Saturday, August 28, 2010 Corporate News J E 4
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SAN ANTONIO, Aug. 27 For the second consecutive year, Inc. Magazine has named WellMed Medical Management as one of the most successful privately held companies in the United States.

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WellMed ranks No. 2165 on the 2010 Inc. 5000, which ranks 5,000 U.S. private companies based on their percentage of revenue growth in the past 3 years. The annual listing is an extension of the Inc. 500, which is published in the magazine. The 5000 list was posted today on Inc.com.

Inc. also put WellMed on two of its bellwether lists:

WellMed reported revenues surpassing $702.9 million at the end of 2009 - $382.9 million more than it reported in calendar 2006, a 119% growth rate.

WellMed, which is celebrating its 20th anniversary this year, recently received a similar honor from the San Antonio Business Journal, ranking second among San Antonio-based companies with $500 million-plus in revenue in the 2010 Fast Track Awards.

WellMed has more than 1,400 employees, most based in the Greater San Antonio area. The diversified healthcare company specializes in senior healthcare.

WellMed Medical Management is a diversified healthcare company and health plan provider serving more than 100,000 patients and Medicare Advantage plan members in Texas, Florida, Arkansas and New Mexico. WellMed is an industry leader in medical risk management, highly effective disease management and chronic care programs, healthcare delivery services, and more.

WellMed is South Texas' largest physician-owned practice management company and medical group, specializing in senior health care since 1990. With more than 30 medical clinics in Texas and Florida, the vision of the healthcare company and insurance provider is to change the face of healthcare delivery for seniors.

Website: www.wellmedmedicalgroup.com

-- Top 100 companies by gross dollars of growth (WellMed rank: 24) -- Top 100 companies by revenue (WellMed rank: 56)

SOURCE WellMed Medical Management
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