Stability Healthcare Ranks No. 4 on Staffing Industry Analysts Update
Published: Sep 14, 2018
LOS ANGELES, /PRNewswire/ -- Staffing Industry Analysts (SIA), the global advisor on staffing and workforce solutions, has announced the 2018 List of Fastest Growing US Staffing Firms.
Stability Healthcare, located in Los Angeles, CA is a travel nurse staffing agency and winners of 3 INC 500 awards from 2014 to 2016. Stability ranked fourth on this year's 2017 SIA list with $19.4 million in revenue and a 5-year CAGR of 106.6%.
"This is a huge honor for us to be included on this year's list," said Jason Casani, CEO of Stability Healthcare. "We believe our nurses are our greatest asset and we're excited to be attracting and retaining the best. We couldn't be prouder of our entire team."
This year 94 companies qualified for inclusion on the annual list had to achieve a compounded annual growth rate (CAGR) for revenue from 2013 to 2017, excluding acquisitions. To qualify for the list, companies need to have had at least $1 million in revenue in 2013 and at least 15% CAGR between 2013 and 2017.
All numbers are self-reported with the top 10 fastest growing firms having to provide financial verification of the numbers. Only staffing revenue from US operations was considered. The full list can be located on the SIA website.
"We are excited to be recognized this year by Staffing Industry's Analyst Fastest Growing Companies as well as Inc Magazine's Fastest Growing Private Companies for the fourth year in a row. This success has only increased our focus and determination to reach even higher by creating the best experience for Travel Nurses in the industry," said Jay Blecker CFO of Stability Healthcare.
Stability emphasis on its technology platform for its nurses in conjunction with a great with internal team and culture has fueled the explosive growth.
"We understood that staffing was rapidly changing and set forth a long play technology vision that would be the foundation for our future. The success and awards that we're experiencing today is a direct result of our team's execution of that digital strategy," said Jon Chesnik, Partner of Stability Healthcare.
"Future plans are to hire more talented internal employees, advance the digital platform and continue to provide a great customer experience for the nurse," Casani said.
About Staffing Industry Analysts (SIA): Founded in 1989, SIA is the global advisor on staffing and workforce solutions. Their proprietary research covers all categories of employed and non-employed work including temporary staffing, independent contracting and other types of contingent labor.
About Stability Healthcare Founded in Los Angeles, CA in 2009, Stability has contracts nationwide with hospitals and clients that have temporary travel nursing positions. Headquarters is in the Arts District of Downtown Los Angeles, CA, in an open and creative workspace like that of a startup tech company which represent the energy and creative nature of the team and culture.
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SOURCE Stability Healthcare, Inc.