Vetsource Named to Esteemed Inc. 5000 List
PORTLAND, Ore., August 21, 2018
PORTLAND, Ore., August 21, 2018 /PRNewswire-PRWeb/ -- Vetsource®, a technology-enabled healthcare services company with a platform that empowers veterinarians to deliver better patient care, has been named to the Inc. 5000 list of the fastest-growing private companies in America. Vetsource ranked 2,342 this year, climbing 60 spots from the 2017 list.
"We are honored to be listed on the Inc. 5000 list for the second year in a row," said Kurt Green, president and CEO of Vetsource. "This recognition comes as we reach an important milestone in the expansion of our suite of innovative solutions utilized by tens of thousands of veterinary professionals. The extraordinary growth we've experienced over the last year primes us for bigger and better things as we continue to be a leader in the pet care space."
Founded in 2005, Vetsource has seen tremendous growth recently, including revenue of $108.5 million in 2017, rapid technology and staff expansion, and a $50 million investment led by Bain Capital Ventures this past spring to accelerate additions to its services.
Vetsource — which sources quality medications and nutrition products directly from the manufacturers and ships them right to pet owners' front doors — processed more than 3.2 million items in 2017. Using the company's mobile-optimized ScriptRight® ePrescribing tool, veterinarians can write, review and approve prescriptions from any web-enabled device, even when they are away from the practice or out in the field. Pet owners are also afforded easy online shopping through their veterinarians' online stores. These e-commerce sites provided by Vetsource allow pet owners to request prescription refills, as well as order nutrition and over-the-counter health care products.
Companies named to the Inc. 5000 list are ranked on the percentage of revenue growth over a three-year period and must be U.S.-based, privately held, for profit, and independent. Vetsource joins prestigious companies such as Microsoft, Zappos and Chobani, all of whom earned their first national recognition as Inc. 5000 honorees.
Vetsource is a healthcare information technology company that provides innovative pharmacy, technology and business services to veterinarians. As the largest Home Delivery pharmacy provider to veterinarians, it sources human-grade institutional pharmacy products directly from the manufacturers and ships them to clients' front doors. Vetsource's Home Delivery services, including AutoShip and RemindMe, empower practices and their clients to schedule medications and nutrition products — including individual doses — for convenient home delivery with no shipping charges. At the same time, practices benefit from improved compliance, enhanced client relationships, and better control over providing the prescriptions and healthcare products their clients need. More than 8,500 veterinary practices in the United States use Vetsource's full suite of pharmacy services, including ScriptShare®, compounding and TeleVet, with an additional 12,000 practices using its prescription management platform.
Marketing Communications Specialist