WebPT, the leading web-based electronic medical record (EMR) solution for rehab therapists, today announced it has ranked No. 362 on the Inc. 500 list of the nation’s fastest-growing private companies. Touting a three-year growth rate of 1,316 percent, WebPT boasts two consecutive appearances on this prestigious annual list of elite independent businesses.
“We are honored and excited to be named one of America’s fastest-growing companies, which puts the physical therapy industry in the national spotlight,” said WebPT founder and COO Heidi Jannenga. “The sustained growth is a testament to our customer-centric culture and our focus on producing innovative products to solve real business problems.”
WebPT, which ranked No. 231 on the Inc. 500 list in 2013, recently announced a significant round of growth capital financing from Battery Ventures. The company intends to use the new capital to further accelerate the growth that landed it on Inc. Magazine’s list of the nation’s fastest-growing companies two years in a row.
Since its inception in 2008, WebPT has helped more than 35,000 rehab therapy professionals transition to EMR, leading the rehab industry into the digital age by enabling fast, secure, paperless documentation. In the last four years, the company has added more than 150 jobs and has grown in revenue from $1.2 million in 2010 to a projected $25 million this year. WebPT also ranks among the top ten Arizona companies and the top ten Phoenix Metro Area companies.
“This is a true team award, and I am enormously proud of the hard work, dedication and commitment to excellence displayed by everyone at WebPT,” said WebPT CEO Paul Winandy. “Only a select few companies make the Inc. 500 two years in a row, and we are honored to be part of such an elite group.”
Having created a comprehensive, industry-specific platform, WebPT is changing the way rehab therapists manage the day-to-day operations of their clinics. In addition to offering defensible, compliant and intuitive documentation, the web-based application provides physical therapists, occupational therapists and speech-language pathologists with intelligent business reporting, interactive and organized scheduling, and integrated billing.