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Growth Fueled by Popularity with Seniors and Caregivers, Grassroots
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CAMBRIDGE, Mass., Aug. 20 /PRNewswire-USNewswire/ -- Inc. Magazine has named Senior Whole Health (SWH), a voluntary health care plan for low-income seniors, the number one fastest-growing private company in the United States.
Part of Inc.'s annual list of the country's 500 fastest-growing companies, SWH had revenue growth of 31,000 percent from 2004 to 2007.
"This is a rewarding validation of our unique approach to caring for poor seniors," said John Baackes, president and CEO of SWH, whose plan currently serves 6,100 individuals eligible for both Medicare and Medicaid in Massachusetts, New York and Connecticut. "We've helped the poorest and oldest individuals to live independently while giving their caregivers peace of mind."
Based in Cambridge, MA, SWH combines all of the benefits of Medicare and Medicaid and Medicaid Part D into one comprehensive health services package. SWH focuses on holding down costs and improving the quality of care received by dual-eligibles by consolidating Medicare, Medicaid and Medicaid Part D into one plan that pays all claims, handles all customer service issues and contracts with all providers.
"Seniors shouldn't be forced out of their homes because America's health care system is broken," said Massachusetts Senator John Kerry. "Senior Whole Health's commitment to providing home care makes sense for the consumer and the community."
"The demographic shift of the 'Boomers' using Medicare and Medicaid will most likely position Senior Whole Health for continued growth in the foreseeable future," added Massachusetts Housing and Economic Development Secretary Daniel O'Connell. "Senior Whole Health's business model will help to seek out and deliver vital resources to a hard-to-reach population living in Massachusetts and across the nation."
SWH, which employs 180 staff at its
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