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Progyny Ranks #28 on the 2018 Inc. 5000
The 37th annual list curates America’s fastest-growing private companies
NEW YORK, Aug. 15, 2018 (GLOBE NEWSWIRE) -- Progyny, the leading fertility benefits management company, today announced that it was named #28 on Inc. Magazine’s 37th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.
“We are honored to be recognized as one of the fastest growing companies in America,” said David Schlanger, CEO of Progyny. “Our rapid growth is a testament to how quickly we have been able to create a best-in-class solution to fill the vast gap in infertility coverage. America’s leading companies are partnering with Progyny to bring our robust fertility and family building benefit to their employees because we deliver a superior member experience, better clinical outcomes, and more efficient use of their healthcare dollars.”
The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years.
“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” says Inc. editor in chief James Ledbetter. “The lines of business may come and go, or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”
Progyny partners with leading employers to help their employees seeking to have a child successfully achieve that dream. Progyny’s solution includes comprehensive coverage for treatments such as IVF and egg freezing, support for surrogacy and adoption, an integrated pharmacy program and unlimited education, guidance and emotional support through Patient Care Advocates (dedicated fertility experts). Progyny’s fertility benefit is the only one in the industry designed to be fully accessible to all employees, regardless of their sexuality or gender. Progyny’s program delivers superior clinical outcomes, including pregnancy success rates, miscarriage rates and twinning rates that are far better than the national averages. By significantly reducing the rate of twin and triplet births, Progyny is helping to decrease the $26B of medical costs spent annually on preterm birth in the U.S.
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.
For more information about Progyny, visit www.progyny.com.
Progyny is a leading fertility benefits management company that combines clinical and emotional guidance, science, technology and data to provide comprehensive value-based fertility solutions for self-insured employers.
Progyny’s benefit plans are designed to improve outcomes, shorten time to pregnancy and reduce total fertility-related costs. Progyny is privately held and is headquartered in New York, NY. Please visit www.progyny.com.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 18,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
Media Contact: Selena Yang