Health Union Ranked No. 271 Fastest Growing Company in North America on Deloitte’s 2020 Technology Fast 500™
– Company, recognized for third consecutive year, attributes 406% revenue growth to dedication to mission, people living with chronic health conditions –
PHILADELPHIA — November 18, 2020 — Health Union today announced it ranked No. 271 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 26th year. Health Union grew 406% from 2016 to 2019.
Health Union, which has ranked among Deloitte’s Technology Fast 500™ for the third consecutive year, continues to experience exponential growth since the company started 10 years ago. The company cultivates a growing portfolio of condition-specific online communities that provide safe and supportive environments for people with chronic health conditions to find the information, connection and validation they seek. Simultaneously, these communities enable healthcare companies to create smarter, more effective solutions to meet patient needs.
“Health Union’s mission is – and will always be – to help people live better with challenging health conditions,” said Health Union co-founder and CEO Olivier Chateau. “Over the past 10 years, we’ve stayed true to this mission and sustained an online health community model that puts people first and inspires a culture within our company that creates win-win partnerships to make a real difference for both the people in our communities and our healthcare clients.”
Overall, 2020 Technology Fast 500™ companies achieved revenue growth ranging from 175% to 106,508% from 2016 to 2019, with median growth of 450%.
“For more than 25 years, we’ve been honoring companies that define the cutting edge and this year’s Technology Fast 500 list is proof positive that technology — from software and digital media platforms, to biotech — truly does permeate so many facets of our lives,” said Paul Silverglate, vice chairman, Deloitte LLP and U.S. technology sector leader. “We congratulate this year’s winners, especially during a time when innovation is needed more than ever to address the monumental challenges posed by the pandemic.”
About Deloitte’s 2020 Technology Fast 500™
Now in its 26th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2016 to 2019.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About Health Union
Since 2010, Health Union has encouraged social interactions that evolve into valuable online health conversations, helping people with chronic conditions find the information, connection, and validation they seek. The company creates condition-specific online communities – publishing original, daily content and continuously cultivating social conversation – to support, educate and connect millions of people with challenging, chronic health concerns. Today, the Health Union family of brands includes 29 online health communities, including LungCancer.net, ParkinsonsDisease.net, MultipleSclerosis.net and Migraine.com.
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