Mesa-based Beech Medical Group has just been named one of Inc. Magazine’s 5000 fastest-growing private corporations in America. The integrated healthcare solutions company joins the roster of an elite group which has included industry leaders such as Microsoft, Timberland, Vizio, Intuit and Oracle.
The rapidly expanding company based in Mesa contracts with hospitals, physician groups, insurance companies, private employers and state programs to provide high quality care and improved patient outcomes while reducing the cost of healthcare.
This is the first year that Beech has been ranked in the prestigious list. Over the past few years the company has grown an impressive 63% resulting in revenues of 6 million for 2015.
“It is an honor to be recognized among America’s most premiere companies,” said Beech CEO Michael Sumner. “To receive this distinction is a testament to the success of Beech’s business model and our dedication to providing quality care while dramatically lowering healthcare costs for businesses and families.”
Inc. Magazine has been publishing its 5000 list for 35 years. Rankings are based on a company’s percentage of revenue growth over a three-year period. Companies on the list must be U.S. based, privately held and independent.
Sumner, along with Jo Sumner, Chief Operations Officer for Beech, developed their integrated approach to patient care as owners of Beech Nursing and Care Agency in the United Kingdom. After selling the profitable company in 2008, the Sumner’s brought their business model to the U.S. in 2009.
“Most healthcare companies in the U.S. follow a method referred to as a “silo of care” where patients see multiple doctors, therapists and other providers,” Sumner said. “In Europe integrative care is more common. Our hybrid model gives patients a continuity of care that avoids duplications of tests, services and hospital readmissions. Beech is proving that high-quality and comprehensive healthcare can also be cost-effective.”