Simplify Healthcare ranks No. 22 on ‘2023 Crain's Chicago Business Fast 50’ list

AURORA, Ill.--(BUSINESS WIRE)--Simplify Healthcare, one of the leading healthcare Payer technology companies, ranks No. 22 on the ‘2023 Crain's Chicago Business Fast 50’ list. The annual list showcases 50 of the Chicago-area's fastest-growing companies, ranked by percentage revenue growth from 2017 through 2022. The complete ranked list of winners can be found on Chicagobusiness.com/fast-50.

In the 2023 edition of Crain's Fast 50, Chicago-area companies showcased remarkable growth with a median five-year revenue increase of 793%, up from 593% last year. The top-ranking companies drove an average revenue increase of 5,752%, highlighting their significant growth.

“It is an honor to receive this award for the second consecutive year. This recognition affirms the laser focus of our team to drive relentless innovation in Payer space. Our growth is evidence of the remarkable value Simplify Healthcare delivers to Payers by offering transformative benefits and provider solutions that significantly elevate the stakeholder experience.” — Mohammed Vaid, CEO and Chief Solution Architect, Simplify Healthcare

“This award is a direct reflection of our ability to deliver accelerated outcomes for our customers – and I want to thank each of our valued customers for supporting our growth. Our growth trajectory has been driven by dedication to powering a connected product, benefits, and provider journey coupled with a product portfolio that thrives on innovation.” — Ruchir Ranjan, Chief Customer Officer, Simplify Healthcare

About Simplify Healthcare

Simplify Healthcare powers connected benefits and provider journeys for Payers through a scalable, enterprise-grade, secure, compliant, and configurable cloud based software platform — Simplify Health Cloud™. Packaged on the Simplify Health Cloud™ — Benefits1™, Provider1™, Service1™, Claims1™, and Experience1™ provide Payers with discrete and precise solutions to complex problems and opportunities in delivering a rich set of products, benefits, and provider data.

For more information, please visit simplifyhealthcare.com

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About Crain’s Chicago Business

Crain's Chicago Business is the top source of news, analysis, and information on business in metropolitan Chicago for decision-makers in the private and public sectors. Crain's publishes a weekly business magazine, providing deeper analysis, commentary, special reports, and features. Crain's also produces databases, live events, and sponsored content, all with the aim of deepening readers' understanding of local business.