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PARK CITY, UT, September 20, 2005 - Supplemental Health Care, Inc., a staffing company that has provided health care organizations better access to skilled nurses, physical therapists, occupational therapists, speech language pathologists and rad-tech professionals for more than 20 years, announced today that it has been named the nation's fourth fastest growing private staffing company by Staffing Industry Analysts, Inc. The ranking is based on the average annual percentage of revenue growth for 2000 through 2004, during which Supplemental Health Care reported a 75.1 percent compounded annual growth rate (CAGR).
"It is an honor to be recognized by this prestigious industry group for our achievements and I credit our success to our company's focus on client satisfaction and commitment to retaining our talented staff of high-caliber health care professionals," said Mike Jacoutot, Supplemental Health Care president and CEO. "We are especially honored to be the list's highest-ranking health care staffing company."
Staffing Industry Analysts, an industry provider of business intelligence, market data, news and analysis, compiled the final list by analyzing the top staffing companies that averaged at least 25 percent annual growth, adjusted for acquisitions, for the period between 2000 and 2004. The list ranks various professional and commercial staffing companies serving the medical, information technology and legal industries. The average growth for all ranking companies is more than 50 percent per year since 2000, whereas the 2004 total industry growth was only 12 percent.
In 2005 alone, Supplemental Health Care's nursing business has grown 39 percent and its allied business has grown 65 percent. Under the 2005 leadership of Jacoutot, the company's overall revenue has increased 40 percent and the net income increased 100 percent - ranking it amongst the top 10 revenue-generating staffing firms in the United States. Currently, Supplemental Health Care has 55 nursing and allied offices in 22 major U.S. markets, and employs more than 2,500 internal employees and health care professionals in temporary and travel positions both nationally and internationally. In addition, more than 5,000 health care facilities across the country are clients of Supplemental Health Care.
Staffing Industry Analysts, Inc., http://www.staffingindustry.com, is the leading provider of business intelligence, market data, news, and analysis to staffing industry executives and employers who use contingent/temporary staff. They deliver independent and objective information that focuses on the staffing industry, including temporary help, permanent placement, contingency/retained search, contract project placement, professional employer organizations and outplacement.
Based in Park City, Utah, Supplemental Health Care, Inc., http://www.supplementalhealthcare.com, has been meeting the medical industry's staffing demands since its 1984 inception. The core values of integrity, candor, accountability, respect and excellence, referred to as "I CARE", guide the company's dedication to providing superior service, support and professionalism to both clients and health care employees.
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