IntelyCare Sees Exceptional Momentum and Growth; Expands Leadership Team and Employee Base to Support Post-Acute Market and Nursing Professionals amid Pandemic

Leading Workforce Management Company Ranks No. 41 on Inc. 5000, Tops Charts as Fastest-Growing Company in Massachusetts

QUINCY, MA August 19, 2020 IntelyCare, the leading intelligent workforce management solution for post-acute facilities, today announced it has experienced rapidly escalating demand for staffing support at skilled nursing facilities, which has been further accelerated by the COVID-19 pandemic. The company has also seen record growth and momentum in 2020, securing a ranking of No. 41 on the Inc. 5000 list of fastest-growing companies in the U.S.

IntelyCare began the year with a record-breaking $45M Series B raise, the largest funding round in nursing technology, and warranted its inclusion on the Inc. 5000 list based on three-year revenue growth of 7,047 percent. The company out-ranked all other nursing workforce organizations and all Massachusetts-based companies.

“At the start of 2020, IntelyCare was finalizing a landmark investment and planning new market entries and product launches, but when the virus hit, we shifted our focus to support our nursing community,” said David Coppins, Co-Founder and Chief Executive Officer. “The past several months have been tumultuous, yet our company’s rapid growth and recent hires, combined with a rising need for nurse staffing support, all demonstrate the critical role IntelyCare plays in the post-acute space. We are dedicated to leveraging our recent successes and momentum to continue meeting the evolving needs of nursing home facilities and nursing professionals in a COVID world and beyond.”

Since launching in 2017, IntelyCare has filled more than 3 million shift hours, two-thirds of which were filled since March 2019 alone, which is a testament to the company’s exceptional momentum and a growing need for gig-based nurse staffing solutions in the post-acute market. The company has also doubled its revenue in the past year and doubled its customer footprint from 2018 to 2019. The number of nursing professionals it employs to meet this demand has increased by 159 percent over the past two years with over 15,000 healthcare workers on its staff.

IntelyCare has also continued to grow its Boston-based leadership team with three recent hires: Robyn Lunsford, SVP of Workforce Growth and Retention; Prashanth Gali, SVP of Engineering; and Rachel Schiff, SVP of Product Management. In addition to new executives, this robust hiring initiative will ensure the company is well-positioned to harness this momentum and support its expansion.

“We are the largest per-diem nursing tech company in the market, and will be a top-five per-diem provider by the end of 2020, which speaks to our unique position and approach in the space, as well as the heightened need for our market-leading technology and expertise,” said John Shagoury, President and Chief Operating Officer. “We are excited to have brought on new senior-level executives and to infuse our strategy with their deep expertise and passion for the work we do. Fueled by exciting growth, and recognition on the prestigious Inc. 5000 list, we are rolling up our sleeves and continuing to innovate new strategies and avenues for reimagining workforce management in the post-acute space.”

IntelyCare’s platform and mobile app empowers nurses with access to flexible, on-demand opportunities and intelligently matches them to open shifts that facilities need filled—reducing burnout and turnover. The solution is powered by advanced machine learning algorithms that optimize matching and pricing, creating shifts before facilities know their own need and resulting in the highest shift-fill rate in the industry. It also employs the principles of gig economics to add more than 20 percent capacity to the available workforce. This virtual workforce expansion lowers costs to facilities by reducing turnover and compliance penalties, and ensures facilities have the support needed to care for the patient population.

About IntelyCare 

IntelyCare offers a digital workforce augmentation platform that combines a gig-model application with advanced data science to optimize staff resources and close the widening gap between workforce supply and demand. IntelyCare is revolutionizing the antiquated healthcare staffing market, filling nursing shifts at three times the industry average and giving post-acute facilities the tools to predict and manage staffing needs. The company’s engaging mobile app empowers nursing professionals with access to flexible, on-demand work opportunities, reducing burnout and attrition while increasing productivity. For more information, visit www.IntelyCare.com.

Contacts
Ashley Owen
Aria Marketing for IntelyCare
(617) 332-9999 x 216
aowen@ariamarketing.com

 

Inc. Magazine Unveils Its Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000

IntelyCare Ranks No. 41 on the 2020 Inc. 5000 With Three-Year Revenue Growth of 7,047 Percent

QUINCY, MA August 12, 2020 – Inc. magazine today revealed that IntelyCare, the leading intelligent workforce management solution for post-acute facilities, is No. 41 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

“We are honored to be recognized for our continued success and featured on this esteemed list of the country’s fastest-growing companies,” said David Coppins, Co-Founder and Chief Executive Officer, IntelyCare. “After beginning the year with the finalization of our Series B raise, which was the largest investment round in nursing technology, we are thrilled to now be featured as the top-ranked nurse workforce management solution in the country, and the fastest-growing company in Massachusetts. Securing the No. 41 rank on the Inc. 5000 is a testament to the longtime dedication of our team and nursing community, as well as a growing need for our intelligent staffing solution.”

Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are also being featured in the September issue of Inc., available on newsstands August 12.

“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”

The annual Inc. 5000 event honoring the companies on the list will be held virtually from October 23 to 27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.

 

About IntelyCare 

 

IntelyCare offers a digital workforce augmentation platform that combines a gig-model application with advanced data science to optimize staff resources and close the widening gap between workforce supply and demand. IntelyCare is revolutionizing the antiquated healthcare staffing market, filling nursing shifts at three times the industry average and giving post-acute facilities the tools to predict and manage staffing needs. The company’s engaging mobile app empowers nursing professionals with access to flexible, on-demand work opportunities, reducing burnout and attrition while increasing productivity. For more information, visit www.IntelyCare.com.

More about Inc. and the Inc. 5000

Methodology

The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.

About Inc. Media

The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

For more information on the Inc. 5000 Conference, visit http://conference.inc.com/.

 

Contacts
Ashley Owen
Aria Marketing for IntelyCare
(617) 332-9999 x 216
aowen@ariamarketing.com

 

The Wall Street Journal: Digital-Health Venture Funding Rises in First Half, Despite Pandemic

IntelyCare was featured in The Wall Street Journal as a Healthcare tech company impacted by COVID-19 managing to find success during the pandemic. IntelyCare’s pivot to provide free COVID-19 training to nursing professionals allowed the company to provide for essential workers amidst the pandemic before shifting focus to software development for workforce optimization. Read the full article here.