COLUMBUS, OH -- (Marketwired) -- 05/21/13 -- The Women Presidents' Organization (WPO) has named Quantum Health to its 2013 list of the 50 Fastest-Growing Women-Owned/Led Companies in North America. Earning a 26th place ranking for 2013, and up 18 spots from its 44th place finish in 2012, this marks the second year in a row that the company has made the list.
"We are thrilled to be named to the WPO's Top 50 again this year, and to be listed among so many accomplished, talented women entrepreneurs," said chief executive officer and founder, Kara J. Trott. "Quantum Health is continuing to forge new ground in the healthcare arena by disrupting the status quo with an innovative new model for healthcare coordination, and it's wonderful to be recognized for our growth."
All submitted companies were ranked according to a sales growth formula that combines percentage and absolute growth. From this list, the 50 Fastest were selected. To be qualified for the ranking, businesses are required to be privately held, woman-owned/led companies in the U.S. or Canada and have reached annual revenue of at least $500,000 in 2007 and $2 million in 2012.
"This year, more than half of the companies in the Top 50 are new to the ranking and this trend illustrates how diverse women-owned and led companies are," said Marsha Firestone, Ph.D., president and founder of WPO. "We are so pleased to continue our partnership with American Express OPEN in honoring these trailblazing women and their amazing accomplishments."
Research commissioned earlier this year by the program's sponsor, American Express OPEN, shows that the number of women-owned firms pulling in $10 million or more in annual sales has jumped by 57% over 10 years. The 2013 list of Top 50 generated a combined $3.2 billion in 2012 revenues and collectively employed 24,000 people in 2012.
"American Express OPEN is honored to support this elite group of women who represent the full spectrum of industries and have become leaders within the women business community," said Randi Schochet, vice president at American Express OPEN. "Entrepreneurship is an exciting option for women, and the honorees we recognize today are excellent role models for women entrepreneurs, focusing on growth and thereby creating jobs and boosting the economy."
For a full list of the WPO's 2013 Top 50 Fastest-Growing Women-Owned/Led Companies, visit: http://about.americanexpress.com/news/pr/2013/women-entrepreneurs-texas-sized-growth.aspx
About the Women Presidents' Organization (WPO)
The WPO is the premier peer advisory organization connecting women who own multi-million dollar companies. In monthly meetings across four continents (North America, South America, Europe, and Africa) chapters of 20 women presidents -- from diverse industries -- invest time and energy in themselves and their businesses to drive their corporations to the next level. Local WPO chapters are coordinated by a professional facilitator and meet monthly to share business expertise and experience in a confidential setting. For more information, visit www.womenpresidentsorg.com.
About American Express OPEN
American Express OPEN is the leading payment card issuer for small businesses in the United States and supports business owners and entrepreneurs with products and services to help them run and grow their businesses. This includes business charge and credit cards that deliver purchasing power, flexibility, rewards, savings on business services from an expanded lineup of partners and online tools and services designed to help improve profitability. Learn more at www.OPEN.com and connect with us at openforum.com and twitter.com/openforum.
About Quantum Health
Founded in Columbus in 1999, Quantum Health is an award-winning care management and health improvement company serving the health care needs of more than 340,000 members at nearly 80 self-funded public and private sector organizations including hospital systems, manufacturers, coalitions, school districts, technology, entertainment, and retail companies across the U.S. Through its real-time, "virtual medical home" concept that saves employers 7-8% in health care costs without reducing health benefits, Quantum Health Care Coordinators help patients, their families, and their physicians work together to ensure proper care, eliminating redundant, delayed and questionable care -- literally driving the confusion and unnecessary medical costs out of the system. Learn more at www.quantum-health.com and connect with us at twitter.com/QuantumHealth1 and linkedin.com/company/quantum-health.
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