Soleo fast tracks growth
By HME News Staff
Updated Wed July 3, 2019
MCKINNEY, Texas - Soleo Health has ranked sixth in Dallas' 50 Fastest-Growing Middle Market Companies by the Dallas Business Journal. Each year, the journal ranks the 50 fastest growing companies headquartered in the Dallas-Forth Worth area with annual revenues of $25 million to $750 million. A company's ranking is based on revenue growth over a three-year period. It's the second year in a row that Soleo has placed in the top 10. “In 2018, the company achieved a 83.2% three-year annual revenue growth rate, continued double-digit growth in patient census and increased its access to multiple limited drug distribution pharmacy networks with pharmaceutical manufacturers,” said Drew Walk, CEO. “We continue to meet significant growth and expansion benchmarks, despite the industry reimbursement-related headwinds.” Also during 2018, Soleo grew its workforce to more than 450 employees, increased its physician referral network 35% and expanded its geographic presence nationwide. It operates 20 locations with national nursing coverage and pharmacy licensure in 50 states.
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