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MEQUON, Wis., Sept. 6, 2017 /PRNewswire/ -- SKYGEN USA, an organization dedicated to transforming the delivery of health benefits through innovative, technology-enabled solutions that drive down the cost of care while promoting better outcomes for all Americans, today announced that its company Wonderbox Technologies has been ranked No. 3689 on the prestigious 36th annual Inc. 5000 ranking of the nation's fastest-growing private companies. Each year the list recognizes the most successful companies within America's most dynamic economic segment – independent small businesses. SKYGEN USA company Wonderbox Technologies joins past honorees such as Microsoft, Dell, LinkedIn, Yelp, Zillow, and many others, all of whom gained their first national exposure on the Inc. 5000.
"Uncertainties and rapid changes in the health insurance marketplace have created a new urgency for payers to find more efficient ways to serve their members and providers," said Craig Kasten, chairman and co-founder of SKYGEN USA. "They have come to realize the solutions they implemented before there was widespread access to the Internet no longer meet the requirements of the Digital Age. Our continued rapid growth, and our presence on the Inc. 5000 for the second straight year, shows that payers of all sizes recognize SKYGEN USA for its technology-enabled solutions that transform businesses from being largely dependent on slow, manual processes to bringing them up to lightning speed through continuous automation."
SKYGEN USA is focused on transforming the way health benefits are delivered through technology advancement. Its clients include commercial and government payers in the medical, dental and vision markets. The powerful capabilities and flexibility of the company's flagship technology platform, the Enterprise System, have been critical in helping clients adjust to market forces, such as the growing consumerization of healthcare; the need to lower administrative costs by consolidating medical, dental, and vision benefits on a single SaaS platform; the continued transition from fee-for-service to value-based care; and the pressure to deliver greater efficiency in Medicaid programs to free up more dollars to provide better care and access to more members.
The average company on the Inc. 5000 List achieved a mind-boggling three-year growth of 481 percent. The Inc. 5000's aggregate revenue is $206 billion, and the companies on the list collectively generated 619,500 jobs over the past three years. 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 at www.inc.com/inc5000.
"The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive," says Inc. President and Editor-In-Chief Eric Schurenberg. "The founders and CEOs of the Inc. 5000 tell us they think determination, risk taking, and vision were the keys to their success, and I believe them."
The annual Inc. 5000 event honoring all the companies on the list will be held from October 10 through 12, 2017 at the JW Marriott Desert Springs Resort & Spa in Palm Desert, CA. Speakers include some of the greatest entrepreneurs of this and past generations, such as former Ford president Alan Mullaly, FUBU CEO and founder and "Shark Tank" star Daymond John, Dollar Shave Club founder Michael Dubin, researcher and #1 New York Times bestseller Brené Brown, and Gravity Payments' founder and CEO Dan Price.
"The Inc. 5000 List is an outstanding measure of an organization's achievement because it is completely performance-based," said Greg Borca, co-founder of SKYGEN USA. "The fact that we have continued to grow rapidly while health insurance in America generally is in such a state of flux is a tribute both to our solutions and the people behind them. The list of organizations that either are on the list today or were at one time places us in great company. We are proud to be named to it for the second consecutive year."
About Wonderbox TechnologiesSKYGEN USA company Wonderbox Technologies is a distinguished, agile software company focused on building technology-enabled solutions that allow health insurance payers to manage medical, dental and vision benefits on a single platform. The company's Enterprise System technology enables payers to manage benefits more effectively by using one of the country's most innovative and flexible technology platforms to dramatically improve automation, achieve compliance and reduce the cost of delivering healthcare benefits. To learn more, visit www.wonderboxtech.com.
About SKYGEN USASKYGEN USA is dedicated to transforming the delivery of health benefits through innovative, technology-enabled solutions that drive down the cost of care while promoting better outcomes for all Americans. By developing and employing world-class software solutions, the organization provides unprecedented levels of automation and cost savings, creating the most efficient health plans in the country. The SKYGEN USA client roster includes the nation's largest healthcare insurers with clients operating in over 100 markets, serving 35 million member lives on its technology platform, and 10 million member lives through its outsourcing solutions. For more information, please visit www.skygenusa.com.
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Director of Marketing
SKYGEN USA Family of Companies
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