Carbon Health Debuts at #2 on the Inc. 5000 2021 List

NEW YORK--(BUSINESS WIRE)--Carbon Health, a leading national healthcare provider with a mission to make high-quality healthcare accessible to everyone, was ranked #2 on Inc. magazine’s annual Inc. 5000 list, 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.

Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.

“We’re honored to see Carbon Health recognized on the Inc. 5000 list for our relentless work in delivering quality care to our communities,” said Carbon Health Co-founder and CEO Eren Bali. “I am grateful to our hard-working team for rising to the challenge and to our partners for supporting our initiatives. Our momentum this past year underscores the country’s appetite for healthcare innovation as well as the need for healthcare that truly serves everyone. Carbon Health is proud to be redefining American healthcare as we become the first nationwide modern healthcare provider.”

In July, Carbon Health announced it raised $350 million led by Blackstone’s Horizon platform to further expand its omnichannel primary care model — designed to create a seamless patient experience via in-person clinics, home-based care, and hardware — nationwide. Through this unique model, Carbon Health is reducing friction for both patients and providers and closing the gaps in care that lead to bad outcomes.

Since November 2020, Carbon Health has experienced a 129 percent increase in patient volume (excluding patients vaccinated or tested for COVID-19). The company scaled from 800 to 1,600 full-time employees, expanded virtual care to 23 states, and opened more than 80 clinics in 12 states. Carbon Health has also leveraged its technology capabilities and clinical and operational expertise to administer, monitor, and track more than 1.4 million COVID-19 tests and 1.5 million COVID-19 vaccines, in addition to developing first-of-their-kind programs such as COVID Positive Care for COVID-positive patients and COVID Ready for enterprises.

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. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.

“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” said Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”

About Carbon Health

Carbon Health is a leading national healthcare provider with a mission to bring high-quality healthcare to everyone. Leveraging its unique technology platform, Carbon Health provides its patients with omnichannel care, designed to meet patients where they are by delivering care via a variety of access points, including in-person clinics, home-based care, hardware, on-site employer-based care, and virtually via the Carbon Health app. Carbon Health also provides value-based care to enterprise partners across a broad range of industries, including academia, sports, entertainment, biotechnology, and travel. Carbon Health is headquartered in San Francisco and provides both in-person and virtual care access to nearly two-thirds of the U.S. Founded in 2015, Carbon Health is backed by Blackstone, Dragoneer Investment Group, Brookfield Technology Partners (BTP), Fifth Wall, Lux Capital, Silver Lake Waterman, DCVC, and Builders VC. To access Carbon Health, download the app (iTunes or Google Play) or visit carbonhealth.com.

More about Inc. and the Inc. 5000

Methodology

Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year’s Inc. 5000. 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

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 web sites, 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. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

For more information on the Inc. 5000 Vision Conference, visit http://conference.inc.com/.

Lindsey Whitehouse
carbonhealth@thehatchagency.com