CHARLOTTE, N.C., Aug. 13, 2024 /PRNewswire/ -- Prochant, a leading provider of revenue cycle management (RCM) solutions for the home-based care industry, proudly announces its inclusion on the Inc. 5000 list of fastest-growing private companies in the U.S. for the fourth consecutive year.

The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital and seemingly unrelenting hiring challenges. Among this year's top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year's Inc. 5000 companies have added 874,458 jobs to the economy over the past three years. This recognition coincides with the Prochant's twenty-fifth anniversary, marking a significant milestone in its journey of innovation and growth.

Founded in 1999, Prochant has spent the last 25 years committed to understanding and addressing clients' unique needs – a commitment that has propelled them to rank among the fastest-growing, private companies in the U.S.

"We are thrilled to celebrate our 25th anniversary with an appearance on Inc. 5000's prestigious list," said Mathew Mammen, Prochant CEO. "I am so fortunate to have such an amazing team that has helped build this company to where we are today. I am especially happy for my team because this acknowledges the hard work they put into the job day in and day out. We remain dedicated to helping our clients navigate the complexities of healthcare billing and reimbursement, driving efficiency and growth."

As the home-based care industry continues to experience rapid growth, the necessity for streamlined reimbursement strategies to minimize costs and optimize revenue has never been more critical. Prochant has led the charge in this evolving landscape by continuously investing in cutting-edge, AI-driven technologies designed to enhance the revenue cycle for clients.

Its success has been built on a foundation of delivering the highest level of service and transparency. The company's U.S.-based team, combined with state-of-the-art technology, Prochant Pulse, ensures clients have full visibility into their RCM processes. This transparency fosters trust and collaboration, enabling clients to make informed decisions to optimize their operations.

Prochant has established itself as an industry leader, cultivating a reputation for reliability and excellence and earning the trust of home-based care providers across the nation. The company's unique blend of advanced technology and personalized service—the proven Prochant Process—has been key to delivering predictable and positive outcomes, contributing to its sustained operational success and repeated recognition on the Inc. 5000 list.

As Prochant marks its twenty-fifth year, the company remains committed to innovation and excellence. It continues to develop and expand its technology and services to meet the evolving needs of the healthcare industry, providing clients with the tools they need to thrive in an increasingly complex landscape.

To speak with one of our experts, visit www.prochant.com or email marketing@prochant.com.

For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location and other criteria, visit www.inc.com/inc5000.

Contact

Greg Krantz
VP, Marketing
+1 (888) 349-9015
Marketing@prochant.com

About Prochant, LLC

Established in 1999, Prochant delivers focused revenue cycle management (RCM) solutions to healthcare providers for the home-based care industry. Our expertise lies in providing end-to-end RCM for home-based care, HME, infusion services, specialty pharmacies and home health and hospice, consistently delivering exceptional results to some of the leading healthcare providers in the country. We combine innovative technology in workflow and analytics and deep industry knowledge to streamline the time-consuming and expensive reimbursement process. As a result, we help healthcare providers accelerate their collections, increase revenue and reduce operational costs while managing risk.

About Inc.

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. The associated Inc. 5000 Conference & Gala 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 Conference & Gala, visit http://conference.inc.com/. 

More about Inc. and the Inc. 5000

Methodology

Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 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 four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine's September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.

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SOURCE Prochant