Healthcare data provider attributes growth to highest-quality data, passionate employees, and loyal customers
Framingham, MA – November 14, 2017 – Definitive Healthcare, the leading provider of data, intelligence, and analytics on the healthcare provider market, announced today that it was ranked #152 on Deloitte’s Technology Fast 500 list for 2017. The list ranks the 500 fastest-growing technology, media, telecommunications, life science, and energy tech companies in North America over three years, from 2013 through 2016.
During that period Definitive Healthcare’s revenue grew by 707% to $25.3 million. In addition to experiencing a dramatic increase in sales to new clients over the past three years, Definitive has acquired two of its competitors – U.S. Lifeline in 2015 and Billan’s HealthDATA in 2016. The company serves the top pharmaceutical, medical device, and healthcare technology firms as well as companies in other industries seeking intelligence on healthcare providers for sales and marketing.
Jason Krantz, CEO of Definitive Healthcare, credits the significant growth to the passion of his employees. “As I step back and look at the reasons for this growth, I am proud to say it is the result of the hard work of each and every employee – their passion and commitment to success is remarkable. The end product of this passion is a highly innovative product that helps our 1,500+ customers understand the complex healthcare market and identify opportunities to grow their businesses."
In addition to a best-in-breed product, Definitive prides itself on providing the absolute highest level of customer service to its clients. According to Krantz, “Our clients, which range from healthcare start-ups to large international companies, have complicated needs that require a level of service that ensures smooth implementation. Our customer success team consistently receives the highest marks from our clients for the attentive, knowledgeable help that they provide throughout the client's time with us.“
This is not the first time Definitive Healthcare has been acknowledged for its rapid growth. In August the company was named to the Inc. 5000 list of fastest-growing companies in America, and in May it was named the 10th fastest-growing company in Massachusetts by the Boston Business Journal.
About Definitive Healthcare
Definitive Healthcare is the leading provider of data and intelligence on hospitals, physicians, and other healthcare providers. Its product suite provides the most comprehensive and highest quality data available anywhere on 8,800 hospitals and IDNs; 224,000 physician groups; 1.6 million physicians; 10,000 ambulatory surgery centers; 14,000 imaging centers; 86,000 long-term care facilities; 39,000 clinics; 1,400 ACOs and HIEs; and 900 Canadian hospitals. The company’s data provides clients with the analytics and insight needed to effectively segment and research the healthcare provider market. Definitive Healthcare is backed by Spectrum Equity. For more information or to trial the service, visit www.definitivehc.com.