Roscoe Medical, a major manufacturer and distributor of home medical equipment, today announced it has been recognized for a second time by Inc. Magazine in its seventh annual Inc. 5000 list of the fastest growing U.S. companies.
Roscoe’s three year sales growth rate of 37% earned the company a top ranking nationally, and #55 in the Cleveland metro area.
“We are honored to be recognized by Inc. Magazine in this year’s ranking, and are extremely proud to be listed a second time.” stated President and CEO Paul Guth.
“Our performance is driven by a fantastic team focused on delivering innovative products and services that promote independence and better living for patients in the comfort of their home.”
Roscoe Medical continues to experience a tremendous increase in demand for its products as homecare increasingly becomes the preferred setting by patients over institutional care, and as clinical therapies continues to move into the home setting. Recent studies have shown faster recovery and lower infection rates for home care patients.
The Inc. 5000 list represents the most important segment of the nation’s economy — Independent entrepreneurs and their high growth businesses. Companies on this year’s Inc. 5000 list report having created over 520,000 jobs in the past three years and aggregated revenue of $241 billion. The 2013 Inc. 5000 are ranked according to percentage revenue growth from 2009 to 2012.