PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)--Accolade, a company which simplifies healthcare by offering professional Health Assistants to large employers, announced today it has been ranked 25th out of 100 of America’s Most Promising Companies, compiled annually by Forbes Magazine.
According to Accolade, this recognition underscores the market demand for innovative solutions that address the nation’s healthcare challenges. Accolade Professional Health Assistants simplify healthcare complexity for families and help them make informed decisions when seeking care. This results in greater satisfaction, significantly lower out-of-pocket costs for families, and lower benefits costs for employers.
“We appreciate this acknowledgement by Forbes and we also appreciate that any success we have comes from having supportive employer partners and board members. Accolade’s promise comes from the difference our employees have made in the lives of our client families and the value of an Accolade Health Assistant in helping people get better care. We’re grateful for their trust in us and it is an honor to serve them,” said Tom Spann, Chief Executive Officer of Accolade.
Accolade provides an innovative employee benefit that simplifies healthcare complexity for the employees of large self-funded employers. Each employee and their family get their own professional Accolade Health Assistant who knows them, knows their benefits, and who helps them navigate the healthcare system. The personal connections Accolade Health Assistants nurture with each family result in healthier and more productive employees, greater employee satisfaction and commitment, and significantly lower healthcare costs for their employer. Accolade was named the #1 Fastest Growing Healthcare Company in 2012 by Inc. magazine.
About Forbes 100 Most Promising Companies:
The Forbes’ ranking is developed through an in-depth analysis of many factors among young, privately held companies. These factors include growth (both in sales and hiring), quality of management team and investors, margins, market size and key partnerships. These elements are married with industry data such as competition, growth rate and merger activity to score each company. Then a team at Forbes individually debates the merits and blemishes of each company, evaluating the strength of management teams, quality of investors, past growth, product strength and market potential.