CARMEL, IN (August, 2016) – PolicyStat LLC, the leading provider of policy lifecycle management solutions for healthcare organizations, announced that it has once again earned a place on the Inc. 5000 List of America’s Fastest-Growing Companies in 2016. This is the second year in a row that PolicyStat has been named to the list, with the company moving up several spots on the list in 2016.
“We are proud of our progress and continued growth, and we are honored to have made the Inc. 5000 list for the second consecutive year. This is great recognition for PolicyStat – our growing customer base, our committed employees, our community, and our shareholders. We are grateful for the support and commitment we receive from all of our stakeholders because with their help we have positioned our business well to continue our strong growth long into the future,” said Steve Ehrlich, President of PolicyStat.
PolicyStat provides a cloud-based, Software-as-a Service offering to help organizations better manage their policies, procedures, forms, contracts, and other vital information. “Our growth continues to primarily comes from addressing the needs of the healthcare vertical in the acute care segments such as hospitals and health systems as well as all of the various post-acute segments. We are also seeing a significant increase in interest in our solution from other regulated industries, and we plan to aggressively explore some of these new market opportunities in the broader Governance, Risk and Compliance (GRC) market in the future,” continued Ehrlich.
The 2016 Inc. 5000 list may be the most competitive in the list’s history. The companies represented on the list have an aggregate revenue of $200 billion and have generated 640,000 jobs over the past three years – about 8% of all jobs created in the entire economy during that period.
About PolicyStat LLC:
PolicyStat LLC is an Indiana-based corporation providing an industry-leading policy lifecycle management solution for healthcare organizations. The PolicyStat solution increases productivity while simultaneously enhancing quality and compliance management. PolicyStat’s cloud-based Software-as-a-Service (SaaS) offering enables short customer deployment timelines by both minimizing IT staff involvement and providing vital implementation services. For more information, please visit our website at: www.policystat.com.