Ancillary Care Management ranked ninth on Inc. magazine's new list of 500 festest-growing companies - and as with so many of Inc.'s selections, it's barely on anyone's radar screen. L.A.-based Ancillary Care helps health plans manage the cost of biotech drugs - an important niche considering how pricey those treatments can be (average claim is $1,500). Annual revenue is $232.6 million and its three-year growth rate is an eye-popping 2,942 percent. The only coverage on this company has been health and medical journals. Somewhat surprisngly, it was the only locally-based company in the top 25 (and that includes all of Southern California). This is always one of the more interesting lists of its kind - and definitely the most reliable - because the companies are private and thus have received very little scrutiny. Inc. is only offering the top 25 companies for free on its Web site.
Here are the top 10
1)Litle & Co., Lowell, Mass.
2)Airborne Health, Bonita Springs, Fla.
3)Digital Lifestyle Outfitters, Charleston, S.C.
4)Edible Arrangements International, Hamden, Conn.
5)SunRx, Cherry Hill, N.J.
6)United Bank Card, Hampton, N.J.
7)Method Products, San Francisco
8)StubHub, San Francisco
9)Ancillary Care Management, Los Angeles
10)MemberHealth, Cleveland