An innovator in medical equipment rentals, sales, service and asset management solutions, US Med-Equip has earned a place on the Inc. 5000 list for four years running
Houston (August 25, 2014) – Houston-based US Med-Equip, Inc., was just announced to be on Inc. magazine’s 33rd annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies based on revenue growth over three years.
“It’s an honor to be included on the Inc. 5000 for the fourth year in a row. This is further validation of our mission to help patients in need. Our employees truly believe in the mission and help fulfill it on daily basis.” Gurmit Bhatia, President.
The Inc. 5000 list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000.
“With the addition of our GPO and IDN contracts this year we expect to grow faster and deeper than ever. We have great people who work hard every day and are committed to taking care of their customers. This is the ‘not-so-secret’ secret to our success.” Greg Salario, Vice President.
US Med-Equip attributes much of its growth to providing industry-leading technological solutions and 24/7 personalized service to its customers.
Through the mySMARTS online portal, US Med-Equip customers can manage their rental inventory, view equipment maintenance history, receive preventative maintenance notifications, access financial statements, as well as place online orders from an inventory of more than 20,000 products.
In a time when the healthcare industry is experiencing unprecedented financial changes, US Med-Equip’s mySMARTS system helps hospitals and healthcare facilities lower rental costs through access to actionable information about their rental history. Customers also take advantage of substantial cost savings through the purchase of patient-ready, reconditioned equipment held to the highest quality standards.
US Med-Equip has also responded to the growing need for a low-cost asset management solution for hospitals and healthcare facilities. The STAR Trax system provides a cloud-hosted, scalable asset management solution that takes advantage of passive RFID technology. This method allows a facility to start using the money-saving system with minimal investment.
Headquartered in Houston, US Med-Equip increased its employee base by 23 percent from 2013 to 2014 to 107 employees. The company operates out of 16 offices in eight states and is also on the Houston Business Journal’s list of the city’s fastest growing companies. Continued expansion plans include new offices in 15 locations over the next five years that will double US Med-Equip’s service reach.
The 2014 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 20 to November 30), is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 516%. The Inc. 5000’s aggregate revenue is $211 billion, generating 505,000 jobs over the past three years. 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.