2009-08-12 Inc, 5000 Ranking 2009
Pediatric Therapeutic Services (PTS) Ranks No. 3832 On Inc. Magazine’s Inc. 5000 List of America’s Fastest-Growing Private Companies
PTS, Inc. Makes the Inc. 5000 List Again with Three-Year Sales Growth of 57.
Conshohocken, PA, USA, August 12, 2009 -- Inc. magazine today ranked Pediatric Therapeutic Services (PTS), Inc. No. 3832 on its third annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs. Consumer electronics maker Vizio, Internet giant GoDaddy, rental car service Zipcar, and beverage maker Honest Tea are among the prominent brands featured on this year's list along with PTS.
“Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate,” said Inc. 5000 project manager Jim Melloan. “That’s why our list is so eagerly anticipated every year.”
“This is the third year in a row we’ve made the Inc. 5000,” said PTS Managing Partner Diana Fongheiser. “I can’t tell you how humbled we are by such an achievement, and by the hard work and dedication of our dynamic corporate staff and dedicated network of extremely professional therapists, who make it all possible.”
The 2009 Inc. 5000, unveiled today on Inc.com, serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy. 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 on Inc.com.
This year’s list also offers a preview of which industries are poised for growth in coming years. With an average growth rate of 667 percent, Insurance ranked as the top industry overall. Government Services was the top industry gainer with 252 companies on this year’s list, up from 135 last year. Health is the top industry by both total revenue ($22.7 billion) and total employment (156,223 jobs).
Pediatric Therapeutic Services was ranked No.157 in the Pennsylvania, and No. 266 in the Health Industry nationally.
“We put the kids first,” said PTS Managing Partner Pam Hackett. “That’s the secret to our success. People notice when we apply best practices on behalf of the children we serve. That is what enables us to deliver services at such a high level. That and the fact that we make parents, teachers, and school administrators such an integral part of the team.”
The Inc. 5000 at a Glance
Bolstered by this year's No. 1 company, Northern Capital Insurance, Insurance emerged as the top industry, with an average growth rate of 667 percent. Other strong performers include Energy (523 percent) and Government Services (491 percent).
In total, the companies on the Inc. 5000 have created more than 1 million jobs. Health is the top employer with 156,223 jobs, followed by Business Products & Services (122,911), IT Services (89,632), Food & Beverage (86,572), and Construction (65,494).
IT Services had the most companies on this year’s list with 658, followed by Business Products & Services (502), Advertising & Marketing (398), Construction (354), and Manufacturing (342).
Topping this year’s list is Northern Capital Insurance, a Miami-based firm that is helping to revolutionize Florida’s ailing insurance industry. The company generated $95 million in revenue in 2008 and an impressive three-year growth rate of 19,812 percent.
The Inc. 5000 posted an aggregate revenue of $214 billion in 2008, up nearly 16 percent from the previous year. The top five industries by total revenue include Health ($22.7 billion), Business Products & Services ($19.6 billion), Construction ($18.8 billion), Energy ($14.7 billion), and IT Services ($13.2 billion).
The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The top 10 percent of companies on the list comprise the Inc. 500, now in its 28th year.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Pediatric Therapeutic Services (PTS) Makes Inc. Magazine’s Inc. 5000 List of America’s Fastest-Growing Private Companies for the Fourth Consecutive Year
About the Inc. 500|5000 Conference
Each year, Inc. and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars—the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. community, both a new class of Inc. 500|5000 honorees and the list’s alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 30–October 2, 2010, at the Gaylord National Resort and Convention Center in National Harbor, Maryland, located minutes from downtown Washington, D.C. For more information about the 2010 Inc. 500|5000 Conference & Awards Ceremony and to register, visit www.inc500conference.com or call 866-901-3205.
About Pediatric Therapeutic Services (PTS)
Pediatric Therapeutic Services (PTS) Inc. provides advanced therapy staffing solutions to school districts, charter schools, and early intervention programs. The organization integrates comprehensive therapy management with related services and program supports to streamline operations, reduce costs, and improve classroom performance.
PTS was included on Inc. Magazine's list of the 5,000 fastest-growing, private companies in America and ‘Philadelphia’s 100 Fasting Growing Companies’ for 2007, 2008, and 2009. In November of 2009, The Greater Philadelphia Chamber of Commerce named PTS recipient of its Customer Service of the Year Award. In both 2009 and 2010, PTS was named an American Business Awards ‘Stevie Award for Women in Business’ Finalist for Best Overall Service Business in the USA.
Founded in 1998, PTS is headquartered in Conshohocken, Pennsylvania, USA, serving southeastern PA, northern DE, southwestern CT, southeastern NY, and all of NJ. Visit PTS online at http://www.pts-inc.net
525 Fayette Street
Conshohocken, PA 19428