NASHVILLE, Tenn. (Aug. 16, 2019) – Cumberland, a leading healthcare consulting and services firm, announced today it has been named to the Inc. 5000 list of the nation’s fastest-growing private companies for the 11th consecutive year. The firm is ranked 4,070 on the 2019 list.
The company has been recognized as one of the fastest-growing private companies every year since 2009. Only a fraction of the tens of thousands of companies that have applied to the Inc. 5000 over the past 37 years have made the list more than once, and a mere two tenths of a percent have made the list 11 times, according to Inc. Media.
“We are honored to be included on the prestigious Inc. 5000 list of businesses across the country for the 11th year in a row,” said Brian Cahill, CEO of Cumberland. “I’m proud of our team’s commitment to continue growing our business while remaining focused on delivering solutions for our clients.”
Cumberland has increased its revenue by 79 percent over the past three years and has continued to diversify its service offerings and expand its reach in the payer, provider and life sciences healthcare verticals by providing comprehensive consulting and managed services.
Inc. Magazine compiles the annual list of privately held U.S.-based companies that have experienced significant growth over a three-year reporting period. The average company on the 2018 Inc. 5000 list achieved an astounding three-year average growth of 454 percent. The Inc. 5000’s aggregate revenue for 2018 was $237.7 billion, and the companies on the list collectively generated 1,216,308 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.
Founded in 2004, Cumberland is a leading healthcare consulting and services firm providing strategic advisory consulting services, IT professional services, outsourced managed services and analytics solutions that advance the business of healthcare. Our experienced team of professionals works with clients in the payer, provider and life sciences markets to help them operate more efficiently. For more information on Cumberland, visit www.cumberlandcg.com.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 18,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success.
Inc. 5000 Methodology
Companies on the 2019 Inc. 5000 are ranked according to percentage revenue growth from 2015 to 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They must be U.S.-based, privately held, for-profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2018. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 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 were 12 ties on this year’s Inc. 5000.