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Carolina's HME Named for Third Straight Year to Inc. Magazine's List of America's Fastest-Growing Private Companies--the Inc. 5000
Date:8/21/2014

CHARLOTTE, N.C., Aug. 21, 2014 /PRNewswire-iReach/ -- Inc. magazine today ranked Carolina's Home Medical Equipment, Inc. for the third straight year, No. 349 in Health on its 33rd annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America's independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino's Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000.

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"We are very humbled to be included in this year's list as we've been handed tremendous reimbursement cuts from our key payer sources.  We have refused to sacrifice quality and have been fortunate enough to overcome these cuts with increased volume," said Frank Trammell, President & CEO of Carolina's Home Medical Equipment, Inc.  "Our industry has faced an overwhelming number of obstacles the past few years, but at the end of the day there are still 10,000 baby boomers turning 65 every day.  The demand is here and we are honored to continue to provide services to our patients."

The 2014 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 20 to November 30), is the most competitive crop in the list's history. The average company on the list achieved a mind-boggling three-year growth of 516%. The Inc. 5000' s aggregate revenue is $211 billion, generating 505,000 jobs over the past three years.

"What surprises me, even though I know it's coming, is the sheer variety of the paths our entrepreneurs take to success, thematically reflecting how
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SOURCE Carolina's Home Medical Equipment, Inc.
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